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Hello everyone. Yes, it that time again for a Fact or Fiction. Please let me know your thoughts on the below statement by replying.
Fact or Fiction: SAP Concur is implemented by companies to discourage employees from spending money.
Let the replies commence. I will post the "official" answer on Monday.
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Fiction. SAP Concur isn't used to discourage employees from spending. Rather, it is a tool for companies to track spending and therefore, implement better T&E policies. It also provides a more streamlined way of reimbursing employees and freeing up time that was otherwise used by the persons who used to have to work the process manually.
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Fiction - It is a tool to enforce policy and reimburse expenditures.
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This content from the SAP Concur Community was machine translated for your convenience. SAP does not provide any guarantee regarding the correctness or completeness of this machine translated text. View original text custom.banner_survey_translated_text
Fiction - SAP Concur is implemented to provide companies with better controls and spend visibility.
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Fiction. It's a tool for managing reimbursement.
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Alright, I think I need to make my Fact or Fictions a little more difficult. 🙂
Those that replied were correct.
Here is my "official" answer:
Fiction: SAP Concur is travel and expense management software configured by each company to help employees spend money within company policies. If companies didn’t want employees spending money, they wouldn’t assign company credit cards.
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Fiction: SAP Concur is implemented by companies to discourage employees from spending money.
Fact: SAP Concur is implemented by companies to manage spend legally, responsibly, ethically; monitor spend within company policies, regulation adherence, minimize risk and noncompliance for Travel, Expense, Invoice, and other services.
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Fiction! Concur is implemented to 1) help the employee by providing a user friendly way to submit expenses on the go. 2) help administration by process employees expenses faster as everything is provided on the report (receipts, notes, business purpose etc).
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Fiction. Concur is a tool to enable companies to better track spending, ensure compliance to company policies, and to prevent fraud and waste. Also, Concur provides a means to acquire multiple approvals and track spending in Cognos Reporting. Everything is right there in the expense report. Nowhere to hide.