If you’re looking for a way to simplify invoice-based spend, accelerate accounts payable
processing, and gain visibility and control into how employees are spending money, look
no further than SAP Concur.
Concur Invoice automates the invoice management process.
And by integrating invoice, travel, and expense management into a single system, you can now
easily track and manage your budget.
Let’s take a closer look.
Designed for efficiency, visibility, and ease of use, SAP Concur connects invoices to the
rest of your business spending with a single integrated solution.
Invoices can be submitted via email, fax, hard copy or electronically.
Data is extracted by Optical Character Recognition software and is validated and corrected by
either an auditor or an invoice verifier, and then assigned to the Invoice owner within
the system.
We’re leading the way in reducing manual entry and errors with intelligent machine
learning to process data from invoices, including details such as the invoice number, date,
postage, tax, and more.
At the line item level, Concur Invoice captures the description, quantity, unit price… and
categorizes the item by expense type.
For complex invoices that may require extensive allocation, the system offers the ability
to import distributions from Excel, edit the distribution, or save user-specific favorite
distributions.
To efficiently process invoices tied to purchase orders, the system can automatically populate
PO data from your purchasing or ERP systems or you can take advantage of SAP Concur’s
purchase request module.
To ensure budget is spent as intended, the solution’s matching capabilities compare
invoices to purchase orders and goods received, and instantly display exceptions.
When invoices are submitted, SAP Concur’s dynamic approval workflow capabilities ensure
invoices are approved by the right people in a timely fashion.
In the office or on the go, simply open the SAP Concur mobile app to approve invoices,
purchase orders and expense reports – all with one app.
At-a-glance, you’re provided with a summary, an image of the invoice, as well as the line
item details.
With one click, the invoice can be approved or sent back with a comment to the submitter
about why it was rejected.
The Invoice Manager dashboard gives businesses visibility of all invoices at every stage
of the workflow.
Whether invoices are waiting to be verified, assigned, reviewed or waiting for manager
approval, accounts payable will have full invoice tracking capabilities.
To help your organization better manage every payment you make to suppliers, SAP Concur
not only provides complete visibility into how your team is planning to spend, but also
where they’ve already spent.
Invoices that are ready for processing are conveniently organized in one location, making
it simple to pinpoint unassigned and unsubmitted invoices.
You can also schedule payments through our payment partners.
Leveraging SAP Concur’s single reporting data warehouse that contains both expense
and invoice spend, you’re able to gain actionable insight into your bottom line.
Eliminating time-consuming manual effort, this default accrual report provides detailed
information for every invoice in the system – enabling you to see what the status is,
where it is, and who has it.
As an added benefit, this report can be automatically emailed to department heads to keep them informed
of upcoming expenses.
SAP Concur’s comprehensive KPIs and dashboards also enable you to slice and dice spend data
to assess how long it’s taking to process invoices…
…compare invoice and expense spending by department…
…and identify trends in spending with vendors and use that information in ongoing supplier
negotiations.
Plus, you integrate directly with your other applications using SAP Concur App Center partners
to optimize your solution for specific business challenges.
Concur invoice management offers a holistic, connected approach to managing all of your
spending – wherever, whenever.
To learn more about Concur Invoice, contact us to schedule a demo.