Under the collaboration an e-receipt will instantly be sent to a traveller’s SAP Concur account, where Cabcharge says a cost code can be easily added.
According to Cabcharge, in addition to increasing convenience for travellers, the partnership with Concur gives finance departments the ability to streamline processes, save time and take back control of business travel expenses – and the tie-up removes the need for monthly reconciliations, reduces write-offs for unassigned trips, and saves money on admin costs.
Matthew Goss, managing director, ANZ, SAP Concur, said, “SAP Concur is delighted to partner with Cabcharge to provide travellers with easy to file expense claims and for finance managers to have visibility into these expenses for compliance and control purposes”.
“Automated, mobile-first travel and expense tools, such as Concur Expense, can transform expense processing by cutting these costs, saving time, reducing fraud and increasing compliance, in addition to providing employees with easy to adopt and manage processes that offer mobility and intelligence, which are key to driving adoption.”
Under the proposed collaboration, when travellers use a Digital FASTCARD instead of their credit card, Cabcharge sends detailed trip information directly to SAP Concur, including pick-up and drop-off locations and route maps, removing the need to manually input information and can help teams track travel, providing the data insights needed to improve cost management.
“Our research found half of Australian finance teams don’t feel they have complete control over their travel policy – we want businesses to take back control of this process,” said Todd Shipp, Head of Corporate Accounts, Cabcharge.
“Cabcharge was built on payments innovation and we see this partnership with SAP Concur as the next step in making business travel easier and less costly for businesses and travellers.”