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Business Spend Management
Why spend management is crucial for business survival
The COVID-19 pandemic represents a major challenge for businesses that were already underpressure even before the crisis. According to research from ILO, the pandemic forced 81% of businesses in Asia Pacific to adapt their business operations or...

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Business Spend Management
How to categorise expenses for small businesses + free business expense template
Categorising business expenses doesn’t come easily, but it’s one of the most important activities any small business owner must do—both for tax season and cost management. The debate on how much a small business should be spending in a month or...

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Business Spend Management
6 tips for creating a business travel policy in the Next Normal
As business travel shows signs of slow recovery in 2021, planes and trains are beginning to fill up once more with corporate travelers. But even if business travel one day returns to pre-pandemic levels, some of the changes brought about by...

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Business Spend Management
How spend management can help your business bounce back after a crisis
Across SEA, businesses have seen a 30 to 40% drop in local demand due to the COVID pandemic. This puts many small and medium enterprises at risk as cash flows shrink and expenses continue to accumulate. While nobody can predict a crisis, there are...

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travel & expense trends
SAP Concur Study Reveals Eagerness for APAC Business Travellers to Restart Trips
Nearly two-thirds of APAC respondents surveyed are raring to go for professional and personal reasons, but they also want flexibility from employers on how their trips will be conducted New research commissioned by the SAP Concur organisation...

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Business Spend Management
Four strategies to reduce invoice payment delays
Paying invoices often seems like a small thing. The invoice comes, the business pays, and that’s it. What more is there to it? Unfortunately, the reality is often more complicated. A study shows that 60% of invoices are paid late, with average...

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