2. TIME SAVINGS
Expense report process is highly resource intensive
Recording expenses filing receipts
Submission of expense reports
Audit of T&E reports
Approval(s) of expense reports
Reimbursement of employee
Accounting for T&E expenses
Analyzing/controlling T&E expense
Total Cycle Time
15
23
10
15
6
12
10
1st Generation
(Excel)
TASK TIME
91
MINUTES
3. TIME SAVINGS
Expense software saves significant time
45% time savings
Recording expenses filing receipts
Submission of expense reports
Audit of T&E reports
Approval(s) of expense reports
Reimbursement of employee
Accounting for T&E expenses
Analyzing/controlling T&E expense
Total Cycle Time
15
23
10
15
6
12
10
1st Generation
(Excel)
TASK TIME
91
MINUTES
8
11
5
9
4
7
6
2nd Generation
(Concur)
50
MINUTES
4. TIME SAVINGS
Workflow automation & integration saves more
Recording expenses filing receipts
Submission of expense reports
Audit of T&E reports
Approval(s) of expense reports
Reimbursement of employee
Accounting for T&E expenses
Analyzing/controlling T&E expense
Total Cycle Time
4
8
4
5
2
4
5
15
23
10
15
6
12
10
1st Generation
(Excel)
TASK TIME
32
MINUTES
91
MINUTES
67% time savings
3rd Generation
(Tallie)
8
11
5
9
4
7
6
2nd Generation
(Concur)
50
MINUTES
5. WHAT DOES THIS REALLY MEAN?
On average, 40% of
transactional accounting
time is spent on A/P
Payables
Other
transactional
accounting
6. WHAT DOES THIS REALLY MEAN?
… and nearly half of A/P
time is spent processing
expense reports.
Other
A/P
Other
transactional
accounting
Expense
Reports
7. WHAT DOES THIS REALLY MEAN?
Expense report
automation creates a
10% time benefit.
Other
A/P
Other
transactional
accounting
Expense
Reports
Benefit