Six Essential Criteria for Comparing Expense Management Software
SAP Concur
We give businesses the power to automate, connect, and simplify their expense, travel, and AP processes.
We’ve helped more than 53,000 businesses of all types and sizes worldwide to modernize and streamline spend management through digitalization and automation. What we’ve learned along the way are the essential criteria they used to evaluate and compare expense management solutions and solution providers.??
Refer to the criteria below to more confidently choose a solution that will meet your requirements today and for wherever the future takes you. We also have a handy Comparison Checklist you can use to track your comparison research—make sure to download it.?
Criteria #1: Solution Features & Capabilities?
With so many solution providers and technology platforms available, it can be easy to lose sight of the reasons you’re looking for an expense management solution in the first place.??
A best practice is to first evaluate your current finance processes and system.?
Ask yourself:?
With these questions in mind, next review the main features and capabilities of the solutions you’re comparing.??
The top must-have features of a future-ready expense management solution include:?
Learn more about Concur Expense, take a self-guided tour, and try it for free.?
Criteria #2: Integration & Scalability?
The #1 question from your IT team will likely be: Will it connect to our existing business systems??
To answer this and other important integration and implementation questions, consider:?
Learn about integrations for SAP Concur solutions and what else is possible with the SAP Concur solutions ecosystem.?
Criteria #3: Innovation?
Has your company already had a negative technology experience? Now more than ever, investments in technology must deliver long-term value. To avoid costly regrets further down the line, ensure the solution provider you choose has the innovation track record, R&D investment, and industry expertise needed to continually advance technology in your favor.??
Consider:?
Learn more about where SAP Concur and AI are heading.?
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Criteria #4: Security?
Security standards and protocols are always evolving, so it’s crucial to involve your IT team or an IT consultant in reviewing solution platform options.??
Minimum security capabilities of cloud-based software platforms currently include:?
Find out how SAP Concur solutions offer data security you can trust.?
Criteria #5: Support?
Yes, real people still matter. In fact, we believe the expertise and availability of sales, implementation, and support personnel are a true indication of a solution provider that is committed to your company’s ongoing success.??
When looking at a solution provider’s level of support, ensure that they offer at minimum:??
Visit the SAP Concur Community.?
Criteria #6: Reputation?
With the variety of new solution platforms and providers flooding the market, one evaluation criteria that can help clear the playing field from the outset is reputation.?
Consider:??
Curious about what our 85+ million users think about SAP Concur solutions? Read our reviews.?
Still the one to beat.?
Get the Comparison Checklist to learn more about why our customers– and competitors – all say SAP Concur is still the one to beat.?
If you have any questions or are ready to get started, reach out to us today.?
1. 2022 Analysys Mason, Travel, Expense, and Vendor Invoice Management Study.?
See this SAP Concur article and more at https://www.concur.ca/blog/article/six-essential-criteria-for-comparing-expense-management-software