In this SAP Concur solutions Tutorial, we will briefly explain what is SAP Concur, its key features, benefits, how to login to concur portal, and how it’s redefining the expense experience, business travel, and intelligent data analysis.
What is SAP Concur?
SAP Concur is a cloud-based tool that offer solutions for expense management, travel booking, and invoice processing for all sizes of business.
Concur helps the business to streamline expense reporting, travel books, and invoicing automatically.
Features of SAP Concur Solutions
The key features of SAP Concur are as follows:
- Expense Management
- Travel Management solution
- Advanced Analytics and Reporting
- Integration solutions
- Global compliances
1. Streamlined Expense Management
SAP Concur is popularly known for its control of expense management capabilities. It simplifies and automates the entire organization’s expense reporting process, and makes the easier for both the employees and finance teams to handle business expenses efficiently.
Key Features:
- Capture the receipt automatically,
- Checks the Policy compliances,
- Expense reporting on a real-time basis,
- Fully Integration with the accounting system.
Concur also supports mobile app and it allows the users automatically to take the images of receipts and populate expense reports. It helps in saving time and also reduces the errors in expense submission.
| Feature | Benefit |
| Receipt capture | No manual data entry, automated |
| Policy compliance | Reduces policy violations |
| Real-time reporting | Improves financial visibility with real-time analysis. |
2. Travel Management Solution
SAP Concur provides a complete travel management solution. This integrated solution enables an organization to manage all the travel processes of business travels that starting from booking of travel tickets to its final expense reconciliation.
Travel Management Capabilities:
- Online booking tool
- Travel policy enforcement
- Duty of care features
- Negotiated rates with suppliers
It helps businesses to optimize their travel process and ensure the employee’s safety and compliance with company policies.
With a friendly user booking interface and access to negotiated rates, SAP Concur can significantly reduce travel costs for organizations.
3. Advanced Analytics and Reporting
SAP Concur with Advanced analytics and reporting allows organizations to analyze spending patterns and helps in decision-making to optimize expenses and improve financial growth and performance.
It provides real-time reporting and analytics.
Analytics Features:
- Customizable dashboards as per requirements,
- Spend trend analysis,
- Supplier performance tracking,
- Benchmark comparisons.
With these advanced analytics tool, organization can easily identify the high and over spending areas and helps in negotiating the best price with suppliers, and implements price control for effective cost measurements.
4. Integration with other Tools
SAP Concur can be integrated with business systems, including ERP solutions, HR platforms, and accounting software.
Advantages of Concur Integration:
- Automate the data synchronization
- Reduce manual data entry
- Improved data accuracy with real-time data analytics
- Improved workflow efficiency
5. Global Compliance and Support
SAP Concur can support organizations that are operating businesses in multiple countries and regions. It also offers features with built-in compliance to help organizations for international tax regulations and expense policies.
Global Capabilities:
- Multi-language support
- Local tax regulations
- Currency conversion
- Global customer support
Benefits of SAP Concur
The following are the benefits of concur solutions:
- Automates the traveling books, expenses, and reporting and helps to reduce the manual work.
- It helps to monitor the expenses in real-time and enables to control over the unnecessary spending expenses.
- Enhanced compliance as per the regulatory requirements.
- SAP Concur can integrate with ERP systems like SAP S/4HANA, HR tools and accounting software to ensure the data flow for a smooth business process.
SAP Concur Login Guide
Source: www.concursolutions.com
Refer below step-by-step guide on how to login to SAP Concur:
- First, visit the official website of concur login page i.e. www.concursolutions.com
- Enter your username or verified email address or SSO code
- After enter the login username, click on Next
- Ente the password and click on ‘Sign In’
- Now you can access your SAP Concur dashboard.