SAP Concur announces tool for higher ed budget management

According to a recent Oxford Economics report, strong profitability and revenue growth are tied to effective cost control. However, managing spend is increasingly complicated. Over the last 15 years, travel spend alone has doubled to more than $1.2 trillion[1]. Employee-initiated spend is today the second-largest expense in organizations[2]. These are spending categories, ranging from entertainment, consulting, mobile roaming charges, home office expenses, and more, shifting to employee control. More...