What is SAP Concur in SAP BV-FINANCE - Brand Voice - Financial Management?

SAP Term: SAP Concur

• Component: BV-FINANCE

• Component Name: Brand Voice - Financial Management

• Description: Unified brand and portfolio of offerings for travel and expense management resulting from the acquisition of Concur Technologies in 2014. SAP Concur solutions provide an integrated system for expense, invoice, travel, and spend intelligence in the cloud. With close to 56 million users worldwide, SAP Concur is the world's leading travel and expense management software. These solutions help companies of all sizes and stages go beyond automation to a connected spend management system that encompasses travel, expense, invoice, compliance, and risk.

Smart SAP Assistant

• Key Concepts: 
  SAP Concur is a cloud-based expense management solution that helps businesses streamline their financial processes. It enables users to easily track, manage, and report on expenses, as well as automate the entire process from receipt capture to reimbursement. It also provides real-time visibility into spending and helps businesses stay compliant with corporate policies.
  
  How to Use it: 
  To use SAP Concur, users first need to create an account and connect it to their company’s financial system. Once connected, users can begin to capture receipts and submit expense reports. SAP Concur also provides a mobile app that allows users to easily capture receipts on the go. Additionally, users can set up automated rules for approving or rejecting expenses, as well as set up notifications for when an expense report is approved or rejected.
  
  Tips & Tricks: 
  When using SAP Concur, it’s important to ensure that all receipts are captured accurately and that all expenses are reported in accordance with corporate policies. Additionally, it’s important to keep track of all expenses in order to stay compliant with corporate policies and avoid any potential issues. 
  
  Related Information: 
  SAP Concur is part of the BV-FINANCE Brand Voice - Financial Management suite of products. This suite of products includes solutions for accounts payable, accounts receivable, cash management, and more. Additionally, SAP Concur integrates with other SAP solutions such as SAP S/4HANA and SAP Ariba.