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Data shows that on this day in 2014, U.S. organizations should face double the average daily volume of expense report submissions as employees scramble
to file claims for out-of-pocket expenses.
If you file your expense report on Monday, December 15, you won’t be alone.
BY THE NUMBERSWho, what and where of expense reporting
Expense reports submitted by industry**
Expenses by type
YEAR-END CRUNCH?STUCK IN THEIS YOUR EXPENSE REPORT
Volumes of expense report submissions reach annual
highs in December every year.
Employees can complete expense reports 60% faster with online tools.*
More than $2 billion could be saved each year if U.S. companies automated
expense reporting.
Employees are reimbursed 40% faster
when their organizations use smartphone apps for
T&E reporting.
10.8%
10.3%8.8%
7.7%
5.7%
3.5%
3.5%
3.3%
5.0%
Healthcare
Pharmaceutical
Retail
IndustrialManufacturing
BusinessServices
ConsumerProductManufacturers
ComputerHardware
Media &Publishing
Food
3.2% FinancialServices
2.7%
2.5%
ComputerSoftware
TransportationServices
2.4%Insurance
1.8%ProfessionalServices
Expenses submitted by device**
Monday is the most popular day of the week
to submit expenses.
S M T W T F S
88%iOS
Android
BlackBerry
11%
1%
259%increase over the daily averageof receipts uploaded
On the busiest expense day in 2013:
receipts were uploaded viathe Concur mobile app
AUTOMATION & MOBILITY ARE KEYNot suprisingly, automation and mobility make life simpler and better for both employee and employer when it comes to expense reporting.
500,000
Hotel
34%
Telecom
3%
Other2%
O�ce Supplies
2%
Air
33%Dining &Entertainment
26%
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Concur is the leading global provider of spend management solutions and services, helping companies of all sizes transform the way they manage spend so they can focus on what matters most. Processing more than $50 billion in travel and expense spend a year, Concur has more than 23,000 clients in more than 150 countries. *Aberdeen Group, 2013 Guide to Travel and Expense Management. **Data reflects mobile usage of Concur products on December 16, 2013. All other data provided by Concur, a part of SAP.
© Copyright 2014 Concur Technologies, Inc. | www.concur.com
Organizations using smartphone apps to manage travel and expense processes have:
Companies that use an automated solution to manage expense reporting have:
40%lower processingcosts
50%lower processing costs than those that don’t
28%shorter approval cycle
22%more policy compliance
Data from the busiest expense day in 2013 — Monday, Dec. 16.
The year-end expense report dash isn’t unique to the U.S.Last year’s busiest expense day around the world:
DEC
20 Canada UK Germany France
DEC
24 Japan
DEC
16 USA