Streamlining the accounting process is essential for all businesses. Accounting software helps businesses to automate the process. SAP Concur is one of the accounts payable automation software.
This blog post is about SAP Concur software that can help you with your accounting. The post discloses its pricing, features, products, benefits, and drawbacks.
What is SAP Concur?
SAP Concur is software that helps your business automate spending processes and run efficiently under any circumstances. For example, you can automatically capture receipts, add expenses and submit them for approval.
It is integrated travel, expenses, and invoice management software. It provides a complete picture of your company’s finances.
SAP Concur AP software offers mobile applications for iOS and Android so you can access your business finances on the go. With this, you can ensure your business is always running smoothly.
Products of SAP Concur
Concur Expense
It lets you see all your spending data in one place and configure the settings to match your business needs. Helps to spend wisely and take control of your finances with this powerful tool that will help you stay accountable and on top of things.
This product has special features like Budgeting, Company bill statements, Bank card bills, Concur detect, Concur request, Event management, Concur benefit assurance, Tax assurance, Drive, and Intelligent audit.
Capabilities
- Expense reports can submit, approved, and reviewed on time.
- Easy integration with the existing system and get the complete financial picture.
- Track expense data with security to reduce fraud, error, and repetitions.
- Improve Budgeting and forecasting
Concur Travel
This tool lets employees book business travel at the best rates and within spending policies. In addition, this tool helps to manage, capture and consolidate travel data.
As a result, employees can make their travel choices, change their reservations, and get updates on travel.
A few features of concur travel are Budget, Concur travel link, Concur event management, Concur request, and Strip.
Capabilities
- Integrates expense data
- Manage travel and expense reports on mobile
- Match receipts to the card charges and reimbursement
- More visibility on travel spending and outside booking
- Simplifies and speedup the reports
Concur Invoice
- Automating the invoice will reduce the work burden, time, and money. In addition, it reduces tedious tasks and improves performance.
- It captures data for business decisions at any time, anywhere.
- Its features include Invoice capture, Integration, Payment providers, Three-way match, Payment solution, and Purchase requests.
Capabilities
- Managing the cash flow with predefined reports and dashboards.
- Automatic two or three-way matching
- Mobile apps and web-based apps help speed up work.
- Reduce data entry and save time
- Get expert insight and analysis for better decisions
Analytics
It helps you to gain insight into your data for better business decisions. In addition, the interactive dashboard helps to analyze and customize your report.
Accurate data when needed, Interactive dashboards, Customizable options, Adviser support, Manage with spending alerts are some features of this tool.
Supports
It supports
- Concur advanced care
- Concur essential care
- User Assistance
- Select care
- Managed rate administration
- User support desk
Solutions
It provides solutions for
- Business need
- Industry
- Small business
- Intelligent spend management
- Travel and expense
Pros
- The app allows users to book travel directly, and it has links with rental companies and taxi companies.
- 24/7 SAP support
- Complete customization of invoicing and accounting rules is possible
- A breeze to get your expense reporting possible
- Allows to reimburse international employees
- Clean interface with easy searching capabilities
- Ability to quickly scan the receipts
Cons
- Some users feel that the mobile app is not user-friendly
- The duplicate payment system needs some more customization
- Support and guidance are not satisfactory
- Expecting improvement in U/I and U/X
- The submitted report will be returned to the account if it is not approved.
- Sometimes claims take more time to get approval.
- Implementation is difficult as it goes through scheduled meetings or email.
Other details
| Deployment | Cloud, SaaS, Web-Based |
| Headquarters | Bellevue, Washington, United States |
| Supported languages | Czech, Danish, German, English, French, Indonesian, Italian, Japanese, Korean, Dutch, Norwegian, Polish, Spanish, Swedish, Chinese (Simplified) |
| Supported device | Mac, Linux, Android, iPhone, iPad |
| Support | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), Chat |
| Training | Live Online, Webinars, Documentation, Videos |
| Customer ratings | Capterra: 4.2 (1668+ review), G2: 4 (5672+ reviews) |
Alternatives
- Spandex
- FinancialForce Accounting
- Bill.com
- Tipalti
- Stampli
- Avidxchange
- Lightyear
- Expensify
- Airbase
- Travelers
- Webxpenses
FAQs
What is SAP Concur App?
It is an app designed by SAP to manage travel, expenses, and invoicing from iOs and Android mobile devices. In addition, this app allows employees to book travel and create and submit expense reports.
What are travel and expense policies?
A travel and expense policy is a set of written guidelines that state which types of expenses employees can claim when traveling for work. Understanding the travel and expense policy helps avoid fraud and cut down costs.
Conclusion
To make the best decision for your company, you must consider the pros and cons of each solution. The article covered products, alternatives, supports, pros, and cons of SAP Concur. Hope this article may help you with your selection process.
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