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Spend Management Checklist: Six Questions to Consider

Business spend was evolving even before the pandemic, as more and more employees were spending with less and less oversight. Now, as companies find themselves in a constant state of flux and employees vacillate between working from the office and working from work, those changes are becoming even more significant. Digital payment methods can no longer be avoided. The complexity of new payment categories (such as Personal Protective Equipment) must be addressed. And at a time when cashflow, costs, and budget controls are at their most critica ...more

Spend Management Checklist: Six Questions to Consider

Business spend was evolving even before the pandemic, as more and more employees were spending with less and less oversight. Now, as companies find themselves in a constant state of flux and employees vacillate between working from the office and working from work, those changes are becoming even more significant. Digital payment methods can no longer be avoided. The complexity of new payment categories (such as Personal Protective Equipment) must be addressed. And at a time when cashflow, costs, and budget controls are at their most critica ...more

Three Ways to Future-Proof Your Business

When times are uncertain, improve visibility and spend control to give your organization the certainty it needs. While having control over costs, cash flow, and compliance is important for businesses during typical times, it’s even more critical when trying to maintain business continuity during challenging periods. But is the idea of “typical” times, in fact, outdated? In today’s global business world, challenges abound and circumstances can change quickly. Reacting to such challenges, while keeping the business running smoothly, require ...more

The Hidden Potential of VAT Reclaim

Levied by more than 160 countries, Value Added Tax (VAT) is one of the most common forms of taxation in the world. VAT is applied at every step of the manufacturing and supply chain – and collected by businesses on behalf of the government. But in most cases business buyers are also entitled to recover VAT charged by suppliers to avoid accumulation. And this quickly adds up. It’s estimated that the global market potential for VAT reclamation alone is €61.7billion ($74.9billion). In that case, why does 54% of eligible VAT go unclaimed by b ...more

Spend Management Checklist: Six Questions to Consider

Business spend was evolving even before the pandemic, as more and more employees were spending with less and less oversight. Now, as companies find themselves in a constant state of flux and employees vacillate between working from the office and working from work, those changes are becoming even more significant. Digital payment methods can no longer be avoided. The complexity of new payment categories (such as Personal Protective Equipment) must be addressed. And at a time when cashflow, costs, and budget controls are at their most critic ...more

Comply with Global Tax Regulations and Maximise VAT/GST Recovery by Optimising the Integrity of Your Data

The fast pace of change in taxation regulations is causing a rise in the number of businesses facing audits and penalties. With over 160 countries applying indirect tax (VAT/GST) on travel and entertainment spend, and governments mandating the digitalisation of tax reporting, compliance requirements have become increasingly complex. It’s no wonder that 42% of employee expense transactions do not meet requirements for VAT reclaim due to incorrect information or missing data. Concur Tax Assurance protects against audits and penalties by optimi ...more

Moving Forward: How Better Spend Management Can Drive Better Decisions

Your finance and accounts payable teams are key to driving business forward. Automation is the key to helping them be more efficient and more accurate. To understand how businesses are turning today’s turbulence into business strength that will see them through to tomorrow’s opportunities, we commissioned EIU to survey 552 executives in 11 countries. The results show that most executives consider spend management an important key in building better control over their business’s future. ...more

Automate Your Invoice Process: Get Rid of the Paperwork, Manual Entry, and Errors that Slow Down Accounts Payable

Your finance and accounts payable teams are key to driving business forward. Automation is the key to helping them be more efficient and more accurate. Add in control and visibility and you enable your accounts payable team to stay on top of spend and cash flow. This effectively turns the department into a hub of financial insights. Concur® Invoice management solutions eliminate piles of paperwork, drastically reduces processing time and — because it can integrate invoices with travel and expense payments in a single system — provides a c ...more

Three Ways to Future-Proof Your Business

While having control over costs, cash flow, and compliance is important for businesses during typical times, it’s even more critical when trying to maintain business continuity during challenging periods. But is the idea of “typical” times, in fact, outdated? In today’s global business world, challenges abound and circumstances can change quickly. ...more

Automate Your Invoice Process: Get Rid of the Paperwork, Manual Entry, and Errors that Slow Down Accounts Payable

Your finance and accounts payable teams are key to driving business forward. Automation is the key to helping them be more efficient and more accurate. Add in control and visibility and you enable your accounts payable team to stay on top of spend and cash flow. This effectively turns the department into a hub of financial insights. Concur® Invoice management solutions eliminate piles of paperwork, drastically reduces processing time and — because it can integrate invoices with travel and expense payments in a single system — provides a c ...more
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