Business travel is a necessary task for organizations and has long been a complicated task for organizations using inadequate software, paper-based processes, or ‘duct-tape-and-rubber-band’ expense management software. To address this, growing businesses often turn to Travel and Expense (T&E) Management software to automate the processing and reimbursement of travel-related expenses.
However, automating spend management is only the first step. Companies truly benefit when they connect spend management with their enterprise resource planning applications, driving down processing costs and time to approve while encouraging better expense policy compliance throughout the organization.
This infographic explores challenges that organizations face due to disconnection and reliance on manual processes, the reasons companies choose to connect ERP applications with spend management, and the benefits these companies recognize when they make the connection. Learn more about connecting Microsoft Dynamics AX/SL/GP or Sage Intacct with SAP Concur through our ExpenseConnect and InvoiceConnect solutions here: