It’s the end of the expense report as we know it
Summary
Travel and entertainment, accounting or finance administrators depend on whatever fuzzy details employees can recollect to confirm that their spending complies with company policy, as well as the destination’s regulations and tax laws. Through a new integration, purchases made on Mastercard corporate cards can be captured and automatically populated in the Concur Expense platform, which can then alert employees immediately if additional information is needed. Integrating into the payment channel allows SAP Concur to automatically pull in additional relevant information — such as a cab company’s mailing address — from Mastercard’s merchant network. That means an employee can seamlessly submit an expense with just the snap of a photo, before even driving away from the pump, giving finance teams real-time visibility into spending to ensure T&E policy compliance adherence. “Exposing the environmental ramifications of each option will help employees make better choices.” With access to Mastercard’s real-time spend data, SAP Concur can continue to update its AI models to enable more new functions, allowing the software to manage every step from travel request to reimbursement.