Expense report filing just got a whole lot easier. Concur Technologies Travel 2.0 Smart Expense Tool lets business travelers electronically collect receipts and automate expense report procedures on the go, according to the Boston-based provider of on-demand Employee Speed Management services. The click that books the reservation initiates the process that will match and tally three key sources of data–itinerary information captured at the time of booking, corporate card charges incurred by the employee and e-receipts captured directly from the supplier–and then reconcile all the data. As a result, Concur claims that employees don't have to edit reports, and companies don't have to audit them–saving time and money. It didn't provide examples of cost savings.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.