How to leverage business AI in travel and expense to gain a competitive advantage
Business leaders are actively exploring how to leverage AI to gain a competitive edge by working smarter, improving efficiency, and better serving their internal and external stakeholders. For many organizations, the benefits of AI-driven efficiency and productivity can be realized from day one—automating routine tasks and empowering employees to perform their roles more effectively.
Travel and expense (T&E) is often one of the largest cost centers for a company, second only to headcount-related costs like payroll and benefits. AI has the potential to streamline and simplify the entire T&E process, using data to provide more insights, increase ease of use, and spur productivity. Organizations can process expense requests faster, reduce business travel spending, and create more accurate reporting to inform decisions about cash flow and vendor partnership.
With nearly three decades of T&E data and over 46,000 customers worldwide, SAP Concur AI-powered solutions not only automate processes but also deliver valuable insights by integrating your organization’s specific data with publicly available datasets.
Download this ebook to discover how SAP Concur solutions harness AI at every stage of the T&E process, explore upcoming capabilities designed to create a more personalized experience for business travelers, and get tips on overcoming common challenges on AI adoption.
