An Introductory Dive Into Sap Concur Components

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Travel and expense companies are constantly looking into automated solutions to speed up their daily businesses and make their work convenient to deal with. One of these tools is called the SAP Concur Malaysia. A cloud-based service, it mainly allows users to automatically manage travel, expenses and invoicing from their own mobile or desktop devices into one system. 
By using SAP Concur, organizations are able to handle complex procedures, diminishing the need for paperwork and leaving no room for errors. It also allows teams to focus on other business matters and lets organizers have full control over their companies’ compliance and financial status. Additionally, users can capture images of receipts and submit expense reports without difficulty. They can also easily catch duplicate invoices and adopt time saving methods of tasks such as mobile approvals and faster payments.
SAP Concur Components Concur Expense SAP Concur has three core elements called Expense, Travel and Invoice. The first feature, Expense, grants users the ability to control and track their spendings accurately  from multiple sources. Through its mobile app, employees are able to review, submit and approve expense reports straight from their own phones. Spending policies can also be enforced with Expense.
Reimbursement is faster through SAP Concur and expenses can be reconciled via multiple card types. Meanwhile, a complete financial picture can be obtained when integrated with an ERP (Enterprise Resource Planning) system. 
Concur Travel SAP Concur also handles travel solutions while keeping the safety of employees in mind at all times. Users can empower their employees to book their own travels through a portal or app within the company’s own travel policies. With Concur, travel and expense policies can be also kept in line with current business needs, and allows organizers to see what is amiss in their existing travel programs. 
Booking through one portal means that accurate and comprehensive data from each traveller can be obtained to improve compliance, reduce spending and get the best rates with various vendors. Several features that are used to support employees include location check-ins, TMC, HR profiles and Concur TripLink. Concur’s online travel booking tool also lets organizers be updated with the latest trends in the world of company travel.
Concur Invoice The third and final core component, Concur Invoice is designed to manage incoming invoices and reduce invoice processing costs by more than 80%. It eliminates late payments and paperwork, manages cash outlays, improves purchase requests and automates approvals. 
With Concur Invoice, vital GST information can be captured and 100% of refunds can be claimed. The end-to-end AP automation feature also enhances vendor payment discounts. Besides ensuring compliance to minimize security risks, financial components can be viewed in real time. Users can oversee purchase-to-pay cycles and optimize their own capital to boost their growth.
These three features are the meat behind the success of SAP Concur. Besides being the all-in-one, mobile and top trading and expenses solution, SAP Concur’s flexibility allows the system to work with any solutions and is easy to configure by everybody. It is also very quick to create and adapt enough to future-proof businesses.
The post An Introductory Dive Into SAP Concur Components first appeared on CAHAYA PERMATA.
The post An Introductory Dive Into SAP Concur Components appeared first on CAHAYA PERMATA.

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