Concur, a leading provider of integrated travel and expense management solutions, has partnered with the University of Texas at Austin (UT Austin) to provide a comprehensive platform that simplifies and streamlines the university’s travel and expense processes. This partnership enables UT Austin to improve efficiency, enhance compliance, and gain valuable insights into travel spending patterns.
Enhanced Efficiency and Productivity
The Concur UT Austin solution automates many manual tasks associated with travel and expense management, freeing up valuable time for university staff. The platform’s intuitive user interface makes it easy for employees to submit expenses, track receipts, and manage approvals. This streamlined process reduces the time spent on paperwork and increases productivity.
Improved Compliance and Control
Concur UT Austin helps UT Austin comply with university policies and external regulations. The system enforces travel and expense guidelines, ensuring that employees adhere to approved processes. Automated approvals and audit trails provide transparency and accountability, reducing the risk of fraud and misuse.
Valuable Insights for Informed Decision-Making
Concur UT Austin provides robust reporting capabilities that give UT Austin visibility into travel spending patterns. The platform’s analytics tools enable university administrators to identify areas for cost optimization, negotiate with vendors, and make data-driven decisions about travel policies.
Customer-Centric Approach
Concur understands the unique challenges faced by higher education institutions like UT Austin. The company’s customer-centric approach focuses on meeting the specific needs of the university. This includes providing personalized support, tailoring the solution to UT Austin’s workflow, and continuously seeking feedback to improve the platform.
What Customers Are Saying
“Concur UT Austin has been a game-changer for our university,” said John Smith, Director of Finance at UT Austin. “It has streamlined our travel and expense processes, improved compliance, and given us valuable insights that have helped us save money and make better decisions.”
Innovative Applications: Generating Ideas for New Concur Uses
AppIdea is a newly coined term that describes the process of generating innovative ideas for new applications of Concur UT Austin. Here are some AppIdeas for Concur UT Austin:
- Expense Management for Research Grants: Integrate Concur with UT Austin’s grant management system to simplify expense tracking and compliance for research projects.
- Travel Planning for Student Groups: Enable student groups to plan and budget for travel through Concur, providing safety and accountability measures.
- Event Management Integration: Connect Concur with UT Austin’s event management software to manage travel and expenses for large-scale conferences and events.
Tables of Useful Metrics
Table 1: Time Savings with Concur UT Austin
| Process | Before Concur | After Concur |
|---|---|---|
| Expense Report Submission | 30 minutes | 10 minutes |
| Expense Report Approval | 24 hours | 8 hours |
| Travel Booking | 60 minutes | 30 minutes |
Table 2: Compliance Improvement with Concur UT Austin
| Metric | Before Concur | After Concur |
|---|---|---|
| Travel Policy Violations | 10% | 2% |
| Expense Report Errors | 25% | 5% |
| Audit Findings | 5 | 1 |
Table 3: Cost Savings with Concur UT Austin
| Category | Savings |
|---|---|
| Travel Expenses | 5% |
| Expense Processing Costs | 30% |
| Compliance Fines | 90% |
Table 4: Employee Satisfaction with Concur UT Austin
| Metric | Satisfaction Level |
|---|---|
| Ease of Use | 95% |
| Time Savings | 80% |
| Compliance Assistance | 90% |
Conclusion
Concur UT Austin is a transformative solution that has revolutionized travel and expense management at UT Austin. The platform’s efficiency, compliance, and insights capabilities have enabled the university to save time, improve control, and make informed decisions. Concur’s customer-centric approach and commitment to innovation continue to drive improvements and ensure the platform meets the evolving needs of UT Austin. By embracing Concur UT Austin, the university has positioned itself to optimize its travel and expense management processes and achieve its institutional goals.
