Product Sheet | PUBLICConcur Invoice

10 Benefits of Concur Invoice

1. SPOT DUPLICATE INVOICESConcur® Invoice offers three-way matching, so purchase orders, invoices, and receivables can be checked against each other for improved accuracy. Your organization is more likely to prevent duplicate or incorrect payments and is better prepared for external audits.

2. IMPROVE CONTROLControlling spend is high on the agenda for everybusiness. After all, a lack of control can makebudget decisions difficult. Using an automatedinvoice solution, enhanced further by tools likePurchase Request, you can track every pennybefore, during, and after it’s spent.

3. ENABLE REMOTE AND HYBRID WORKINGAs a cloud solution, Concur Invoice gives you theability to manage invoices and approvals nomatter where you are, helping to keep the APinvoice process running smoothly and efficiency.Plus, because it automates the process, timepreviously spent managing invoices can bespent on more valuable activities.

4. STREAMLINE WORKFLOWSConcur Invoice ensures consistent rules applyto every invoice to make overspending easierto spot. Plus, with an automated process andworkflows, invoices keep moving and you’re onlyalerted when you need to act. This saves time foryou and your employees.

5. INCREASE PRODUCTIVITYOur Invoice Capture solution takes away theneed for manual upload and reveals all invoices inthe system, giving the finance team visibility ofupcoming cash flow. Plus, they can easily reporton spending across each department.

6. REDUCE LATE PAYMENTSConsistently paying invoices late can have anegative impact on your reputation and damagesrelationships with suppliers. Using ConcurInvoice, you can keep an eye on invoices at everystage. Avoid late payments and easily producereports for the Duty to Report on PaymentPractices and Performance legislation.

Learn more at concur.caCONCUR INVOICE ENUK (12/20) © 2020 SAP SE or an SAP affiliate company. All rights reserved.

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7. MITIGATE RISKAccurate data is a necessity for every business.Using an automated, digital solution that importsinformation directly from all kinds of invoicesmakes your data increasingly reliable. This alsocreates an accurate audit trail that makes it easierto spot fraud, payment duplication and protectsyour business if HMRC were to pay a visit.

8. SIMPLE IMPLEMENTATIONCloud solutions with mobile and web-basedtools mean there’s little to no additionalinfrastructure required and implementation canbe done remotely. Maintenance and functionalityupgrades happen automatically too. Plus ifyou’re already using other SAP Concur solutions,the user interface will be familiar.

9. PREPARE FOR GROWTHAs your business grows, you might open newoffices or expand into new markets. This bringsmore invoices, more employees and morecomplex regulations. SAP Concur offers ascalable solution – as your business grows, wegrow with you. We help you prepare for thefuture with confidence.

10. ENABLE A SEAMLESS AUDITING PROCESSAs part of the SAP Concur platform, ConcurAudit slots seamlessly into your Concur Expenseand Concur Travel solutions. Onboarding isstraightforward too, so you can get up andrunning quickly and achieve confidence inyour compliance.

Resources to Take You Further

Accounts Payable Automation: A Buyer’s guide

See Concur Invoice in Action: Self-guided demo