Helping IT professionals add value to their organisations

As IT professionals become increasingly involved in strategic decision-making, the right digitalised spend management solution can help them add value to their organisations and avert IT and process risks.

We have witnessed a clear trend in recent years: the rise of IT teams as influential decision-makers in the purchasing process.

Through our conversations with businesses about the benefits of digitalised spend management, such as travel and expenses (T&E), it has become clear that IT leaders are increasingly responsible for their businesses’ bottom lines – sat at the top table when it comes to strategic direction and pivotal systems decisions.

And rightly so. IT leaders are – due to the nature of their work – perfectly positioned to interpret the impact change will have on productivity and performance, the risks associated with implementation, and the need for continuity and futureproofing.

Meeting IT leaders’ needs

With this positive shift in mind, we recently began to examine our own solutions through the eyes and needs of IT professionals—to consider whether we are speaking their language and, importantly, catering to their needs.

It was an interesting exercise. We not only found that our solutions are created in a way that averts many of the risks IT leaders are concerned about – such as compatibility, implementation and onboarding – but that they also deliver significant benefits to IT leaders and a fantastic opportunity for them to add value across their organisations.

Ten benefits digitalised T&E delivers for IT teams

In exploring the multiple benefits that digitalised spend management delivers for IT professionals, we captured the key points, which you can access and download here, for free.

But, in short, we found that the right solution will deliver all of the following:

• Value for money - optimising performance and bringing significant cost savings across the business, including for IT.
   
• Easy implementation - because SAP Concur T&E Management is a cloud-based solution, implementation costs can be minimised, while the use of mobile and web-based tools means there’s no need to invest in additional infrastructure.
   
• Smooth your GenAI progression – as businesses look to leverage the potential of generative AI, we have infused AI and machine learning into our solutions for a decade, including in our Request Assistant, Invoice Capture and ExpenseIT tools.
   
• Enhanced security – integrating our solution with your company’s wider technology stack means systems and employees use only a single source of data, making it more accessible and accurate – and crucially, making it easier to secure.
   
• Enhanced compliance - by building a digital record, you can be sure you remain compliant with such regulations as the Anti-Bribery Act and Duty to Report on Payment Practices.
   
• Efficiencies and scale - SAP Concur uses AWS as its hyper-scaler, a partnership that ensures resilience and high availability. Every month, we generate more than 30 million expense reports and five million bookings.
   
• Fast return on investment - because cloud solutions incur minimal implementation costs, ROI is realised quickly: 628% within three years when you use our applications.
   
• Seamless integration - helping you deliver a single platform that unifies different types of data while accelerating your processes and providing an accurate and timely snapshot of your finances.
   
• More time for staff to focus on what’s important – the right digitalised system will empower you to make the burden of mundane tasks significantly lighter for employees, in IT and beyond.
   
• Improve user experience - businesses that provide AI-enabled technology to lighten the administrative load on employees will nurture a workforce that is happier and can work more strategically.

It’s clear that adopting the right digitalised solution - whether it’s spend management, travel and expense management specifically, or indeed any tech solution – can deliver clear benefits for businesses.

But what we also found is that our solutions also deliver the opportunity for IT teams to contribute considerable value to their organisations and their employees.

Download the full eBook to learn more.