What is a Travel Expense?
Travel expenses are costs associated with traveling for the purpose of conducting business-related activities. Examples of travel expenses include airfare and lodging, transport services, cost of meals, use of communications devices and so forth.
What is an Expense Report?
An expense report or also expense claim is a form used to track business spending. Employees document and itemize expenditures caused on a business trip. Once a report is finalized you submit and therefore file the report, where it continues to the revision and approval process. By submitting the expense report, you are requesting reimbursement.
Expense reports must be compliant to your affiliate’s travel expense policy.
What is SAP Concur?
SAP Concur is a cloud-based Travel & Expense Management Solution providing a single way to manage spending from end-to-end, gain greater visibility into transactions, improve compliance and simplify the process for everyone.
Benefits of SAP Concur
Source: SAP Concur
SAP Concur Expense
The SAP Concur ecosystem offers many different products and services. The central modules are “Travel” and “Expense”. In this blog entry we are focusing on SAP Concur Expense.
The Expense module really is the core product of SAP Concur and will help customers to convert the Travel & Expense process, which often can be seen as an unpleasant and cumbersome activity into a fun efficient process with a very intuitive and user-friendly interface guaranteeing a smooth reimbursement workflow for all participants involved.
Customizing of the Concur Expense Module
We as Nagarro help customers all over the world to successfully introduce SAP Concur to their company. We are a leading IT full-service provider and official SAP Concur “Certified for Implementation Partner” (=CIP).
If you need assistance with the implementation of SAP Concur in your company or you would like to request more detailed information about the capabilities of this powerful tool, please do not hesitate to contact us.