Unlocking Efficiency and Transparency in Financial Operations
The Banktech Group, a global leader in payment solutions and an existing SAP Business One customer, recently transformed its financial operations by partnering with FUJIFILM MicroChannel to implement SAP Concur solutions. This strategic collaboration addressed inefficiencies in the company’s manual accounts payable (AP) and travel and expense management (TEM) processes.
The Challenge
Banktech faced significant challenges with time-consuming, error-prone manual processes for managing invoices and employee expenses. These inefficiencies risked straining supplier relationships and reducing employee productivity, particularly for the finance team and traveling staff.
The Solution
FUJIFILM MicroChannel introduced SAP Concur’s suite of solutions to streamline Banktech’s AP and TEM workflows. Key implementations included:
- Concur Invoice: Automated invoice processing, reducing errors and improving supplier relationships.
- Concur Expense with the ExpenseIt app: Simplified expense reporting, enabling faster reimbursements and a mobile-friendly experience for employees.
This transformation allowed the finance team to shift focus from administrative tasks to strategic initiatives, while field employees gained a seamless, user-friendly system for managing expenses on the go.
The Results
The implementation delivered impressive results:
- Improved financial oversight through automation.
- Increased employee satisfaction with faster, more efficient processes.
- Greater transparency across financial operations, enabling better decision-making.
Learn more about how SAP Concur solutions helped Banktech achieve automation, visibility, and control over invoicing and expense management. Concur Invoice streamlined AP processes, reducing errors and strengthening supplier relationships. Meanwhile, Concur Expense and the ExpenseIt app simplified expense reporting and reimbursements, offering employees a faster, mobile-friendly experience.
Case StudyTransforming Business Operations
Congratulations to Banktech, SAP Concur, and FUJIFILM MicroChannel teams on a seamless transformation! Banktech’s success story highlights the power of digital transformation in modernising accounts payable, travel, and expense management. By integrating SAP Concur with their existing systems, they automated workflows and enhanced visibility. This transformation showcases how technology can revolutionise financial operations, driving efficiency and strategic growth.
