What is Employee Spend Management

13
Concur Copyright © 2008 Employee Spend Management Giving You Back Control of Your Spend Management Process

description

 

Transcript of What is Employee Spend Management

Page 1: What is Employee Spend Management

Concur Copyright © 2008

Employee Spend Management

Giving You Back Control of Your Spend Management Process

Page 2: What is Employee Spend Management

Concur Copyright © 2008

Agenda

Concur Travel and Expense Overview ~ 10 minutes

Concur Travel and Expense Live Demo ~ 35 minutes

Page 3: What is Employee Spend Management

Concur Copyright © 2008

Enabling organizations to control costs by automating the processes they use to manage employee spending

Page 4: What is Employee Spend Management

Concur Copyright © 2008

A Common Point of Reference:What is Employee “Spend”?

Answer: Employee discretionary spending

Non-PO Employee PurchasesMeals, gifts, incentives, services,

supplies, fees, maintenance, utilities, etc.

Business TravelAirfare, car, hotel, meals,

entertainment, etc.

Expense ReportsCard Charges

Invoices

Page 5: What is Employee Spend Management

Concur Copyright © 2008

Compliance and Visibility Are A Challenge

The biggest hurdle is collection and visibility of data

Source: Aberdeen Study, April 2008

20% of your employee spending is out of policy

54% of companies cite enforcement of policy and lack of visibility as the most significant challenges

Page 6: What is Employee Spend Management

Concur Copyright © 2008

Challenges with the Employee Spend Process

Employee SpendEmployee Spend

Lack of visibilityIncomplete dataInsufficient detail

Analyze

Interface maintenanceControl of cashLate fees and penalties

Pay

No proactive controlsSuppliers not optimizedLittle adoption of approved tools

Capture

Loose controlsRubber stamp approvalsFraud

Control Manual data entry Disconnected systemsRedundant processes

Process

Page 7: What is Employee Spend Management

Concur Copyright © 2008

Integrated Process Yields Greater Benefits for SMBs

Control spending before it occurs

Reduce operating costs

Increases adoption of process and corporate card

Improve employee satisfaction and productivity

Gain visibility and actionable data

Reduce and prevent fraud

Spend time on more important things!

Analyze

Pay

Capture

Control

Process

Page 8: What is Employee Spend Management

Concur Copyright © 2008

Made Possible Through On-Demand Services Easy and Fast Deployment

No software, hardware or costly maintenance

Little to no IT support required

Includes Upgrades

Predictable costs

Secure – Information is safe

Page 9: What is Employee Spend Management

Concur Copyright © 2008

The Concur Trust Platform

The Concur® Trust Platform is built on:

ISO 27001 Certified and Register

ISO 20000 Certified and Register

VISA CISP / PCI Compliant

SOX compliance through bi-annual SAS 70 Type II audit

Third party audit of controls and vulnerability management effectiveness

Provide clients with full visibility of audits and any necessary remediation

ISO27001:2005 ISO20000:2005 IS 84383

Page 10: What is Employee Spend Management

Concur Copyright © 2008

Integrates with Your Internal Systems

On-demand service ties your “technology” islands together

Travel and Expense

CC G/L

PayrollERPTMC

Page 11: What is Employee Spend Management

Concur Copyright © 2008

About Concur

Process $35B in T&E spend a year

IDC Top 10 global on-demand

provider

50% of clients are < 1,000 employees

One of Fortune’s 100 Fastest

Growing Companies

High Client SatisfactionClient retention over 95%24x5 Global Client Support

95%

Broad Market Expertise & Capability28 Million transactions annuallyServing market leaders across industries

Learning & Leveraging9,000 Clients in more than 90 countries

Page 12: What is Employee Spend Management

Concur Copyright © 2008

Our Commitment To Our Clients

1

2

3

Easy deployment and scalable solutionsProven track record * Minimal IT involvement * Best practices

Deep commitment to investmentR&D * Security & Disaster recovery * Performance * Compliance *

Dedication to service excellenceAccount management * Client Support * Client community

Page 13: What is Employee Spend Management

Concur Copyright © 2008

Product Demonstration