Blogs
Optimizing Financial Transformation: Travel Expense Management, Fraud Prevention, Compliance, and Enhancing Employee Experience
Maximizing the Potential of “Rise with SAP” Through SAP Concur and S/4HANA Integration
February 6, 2025
Today, in the fast-changing business environment, companies are switching to advanced modern technologies as they scheme ways to simplify operations, increase efficiency, and gain more effective financial control. Companies choosing “Rise with SAP” (powered by SAP S/4HANA) are already rising on their digital transformation path. Through the transition to SAP S/4HANA, companies are creating a […]
February 3, 2025
Companies, today, that are targeting growth through expansion are continually finding ways to make the activities more efficient, to streamline some of the processes, and to standardize some of the operations. SAP S/4HANA “GROW with SAP” has been developed as a cloud ERP solution that meets these requirements and is therefore the perfect solution. The […]
The Role of AI in Business Travel Management
January 28, 2025
Imagine returning from a business trip with pockets full of receipts—taxis, meals, client entertainment—and facing the tedious task of sorting them out before submitting your expense report. Historically, travel and expense (T&E) management has been time-consuming and error-prone, with employees struggling to keep track of receipts and finance teams dealing with missing documentation and data […]
The Future of Expense Management
January 6, 2025
Advancements and innovations in AI, automation, and integration are changing the way organizations handle expense management. Relying on legacy tools such as spreadsheets and systems with poor UI/UX is becoming a thing of the past. Advanced tools like the SAP Concur Expense Management system offer exciting features that modernize financial processes, improve employee productivity, ensure […]
How SAP Concur Boosts Business Growth
November 26, 2024
In today’s dynamic business environment, financial stability and visibility are essential for navigating uncertainty and making informed decisions. SAP Concur offers a powerful solution to streamline spend management, enhance compliance, and boost operational efficiency—all while ensuring a positive employee experience. With strong integration capabilities, real-time analytics, and automation, SAP Concur empowers organizations to transform financial […]
Improving the T&E experience for employees and finance
February 4, 2023
Every company declares that employees are their most precious asset. In today’s uncertain times, this is especially true. As companies are dealing with very volatile and unpredictable markets (and global) circumstances, there is even more pressure to aim for internal stability regarding human capital. More and more employees are looking for a positive day-to-day employee […]
Finance and IT in T&E management
December 8, 2022
For most organisations, T&E spend follows salaries as the largest controllable expense. Even in today’s connected world, with virtual meetings and online collaboration making a significant change in the way companies work, there are many instances where face-to-face human interaction is indispensable. And travel is an essential aspect of forging and strengthening business relationships, within […]
Data-Driven Budgeting with Advanced Spend Management
October 31, 2022
Data-Driven Budgeting with Advanced Spend Management Stating that most decisions today are data-driven is a cliché. Though the statement may seem obvious and self-explanatory, a closer look reveals that it makes sense only if the data is a) reliable and b) comprehensive. So, how does one ensure that those two conditions are met? And in […]
T&E Compliance Made Easy with Automated Solutions
October 7, 2022
Globally, travel is an indispensable part of any company’s support functions. And most organizations have strict policies that govern the Travel & Expense (T&E) processes and policies. However, most employees are confused or unaware of the finer points of the policies, leading to non-compliance, wasted time and effort, and a negative employee experience. Also, by […]
Minimizing Fraud Risks for Better Financial Management
June 25, 2019
Fraud is truly a threat to any organization. It is estimated that typically an organization loses 5% of its annual revenue to fraud each year. According to a global report, based on 2,690 cases analyzed; almost 7.1 Billion US Dollars are lost to fraud every year. Corporate spending habits are changing and are becoming more […]
Effortless Expense Reporting with SAP Concur
June 25, 2019
Efficient Tools to Simplify Expense Reporting for Businesses According to a recent survey 46% of the respondents confirmed that they still submit their expenses manually. They fill their wallets with wrinkled receipts, bunch up and staple it to a printed spreadsheet, that must be filled with all the details, and then mail this expense report […]
Travel expense management solutions
January 21, 2019
An Introduction to Travel Expense Management Solutions What are Travel Spend & Expense Management solutions? “Travel expense” stands for “T&E” In simple definition T&E means, expenses incurred by a business professional during his/her travel for a business purpose. Primarily travel expenses include meals, stay and transportation. Usually, businesses assign 10% of their total budget towards […]
Revolutionize Global T&E with Integrated Management Tools
April 6, 2018
Transform your global T&E process Manage your global travel-related reimbursement and reporting process, with ease and scalability and. Interested ? Would you like to get in touch, write to us on inquiry@fintranssolutions.com. You can book a demo now.