SAP Concur, the world’s leading provider of integrated travel and expense management services and solutions, serves 48,000 customers in over 150 countries including over 75% of Fortune 100 and 500 companies, and more than 58.1 million end users.
Andy Watson, Senior Vice President & General Manager of SAP Concur Asia Pacific Japan and Greater China said,
“APJ and Greater China is an important region for SAP’s core business. With the rapid economic development and pivoting of global businesses, this region is poised to expand even further as the largest business travel spending region globally.”
He expressed that he is honored to deliver SAP Concur solutions in the region to help businesses simplify and manage the complexities of a growing travel cost component while ensuring compliance and duty of care for their employee.
In a recent article by TechBarrista, Watson’s “Decluttering Your Business Travels” is compared to transforming a chaotic home into a neat abode that sparks joy with reference to the KonMari Method. He said that with the right methods and technological ingenuity, it’s possible to turn business travel from pain to pleasure.
Business travelers simply need less time doing multiple tasks so they can focus on their agenda, be it attending a conference, visiting their HQ or closing a deal.
SAP Concur helps organizations and business travelers in the following aspects:
Enhanced Mobility and Efficiency
The SAP Concur solutions are accessible on a smartphone or on a tablet, even on the cloud to deliver an effortless experience for employees and total transparency into spending, helping organizations of all sizes, industries, and locations run better.
“This integration ability lets travelers save time on bookings and leverage a B2C experience while staying within the policy needs of their company. These features are particularly attractive for millennial travelers. And that’s an important demographic for corporates and travel companies to cater to,” explained Watson.
According to UNWTO World Tourism Barometer, Asian millennials spend on international travel is expected to increase by 1.6 times to US$340 billion by 2020. In Singapore, Expedia found that 84% of millennials travel at least once a year, higher than baby boomers (73%) and Generation X (82%).
The SAP Concur connected travel and expense, allowing organizations to get a new level of visibility into spending – before, during and after the trip was completed.
Watson said that the Finance Team also benefits from the data of employees’ bookings across multiple channels giving them more visibility and greater insights, so they can apply policy on direct bookings and better manage compliance and approvals as well as anticipate needs, predict challenges, identify opportunities on the fly, and tackle everything from taxes and compliance risk to mobile phone expenses and fraud.
With SAP Concur, pictures of paper receipts or e-receipts for reimbursements can now be submitted instantly. By automating the expense management process, SAP Concur would make expense reporting a whole lot easier for employees and get them reimbursed faster, saving companies time and money.
“Without doubt, technology can free employees of the mundane hindrances of travel, giving them a clear mind to get their business done. With business travel within Asia growing at twice the pace of the rest of the world, China being the world’s largest business travel market, and India and Indonesia forecast to be the globe’s fastest expanding markets over the next five years (clocking 11.3% and 8.7% respectively in compound annual growth), the time for firms to take action and put some joy into their travel and expense experience is now,” Watson said.
Last year, SAP Concur won Cloud Solution of the Year at the Inflection Awards in Mumbai.
Read “Decluttering Your Business Travels” by Andy Watson.