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Glossary>Accounting>Sap Concur

Sap Concur

SAP Concur is a cloud-based software solution designed to manage travel, expense, and invoice processes. It automates and streamlines these functions, providing real-time visibility and control over spending while ensuring compliance with company policies.

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About Sap Concur

SAP Concur was created in 1993 to address inefficiencies in travel and expense management. The company developed solutions to automate these processes, enhancing accuracy and control over corporate spending. SAP acquired Concur Technologies in 2014 to expand its cloud-based offerings and integrate comprehensive travel, expense, and invoice management capabilities into its portfolio.

Strengths of SAP Concur include its comprehensive integration capabilities, real-time expense tracking, and robust reporting tools. Weaknesses involve its complexity and potential high cost for smaller businesses. Competitors include Expensify, Certify, and Zoho Expense.

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How to hire a Sap Concur expert

A SAP Concur expert must have skills in configuring and customizing the Concur platform, proficiency in data integration and API usage, a strong understanding of expense management workflows, and experience with report generation and analytics within the system.

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