Case Study

Simons Foundation Transforms Its Entire AP Operation with SAP Concur Solutions

Simons Foundation Transforms Its Entire AP Operation with SAP Concur Solutions

Pages 9 Pages

An SAP Concur case study details how the Simons Foundation, a nonprofit with 450 employees, transitioned from a paper-based to an electronic accounts payable operation. Facing challenges with manual expense and invoice processes, the Foundation adopted SAP Concur Expense, Travel, and Invoice solutions. This strategic shift resulted in significant improvements, including a reduction in manual AP department touchpoints per invoice from 16 to four, saving approximately 100 hours monthly on overall invoice processing. Additionally, OCR accuracy for invoices reached 95%, and ACH payment adoption surged from 0% to 98% among suppliers within eight months, providing enhanced visibility for financial leadership into payment pipelines. The study highlights SAP Concur's ability to boost efficiency, a

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