Predictive Accounting for Travel and Expense Management
Use the integration between Travel and Expense Management in SAP Concur and Finance in SAP S/4HANA to forecast the impact of your employees' business trips on the budget planned and allocated to cost centers or projects.
Key Process Steps Covered
- Create travel request in SAP Concur
- Create a predictive journal entry automatically in SAP S/4HANA including commitment creation (cost center or project budget check, if activated)
- Create expense reports with reference to the travel request in SAP Concur
- Post expense reports automatically and reduce commitment
Benefits
- Integrate travel requests between SAP Concur and SAP S/4HANA
- Use a deeply integrated travel request process with commitments and automatic budget check functionality
- Extend the reach of traditional accounting