Redefining Spend Management: SAP Concur and ISBN to Jointly Maximize Customer Value
- Ashwani Narang appointed as Head of ISBN –
India & South Asia
- This integration combines SAP's formidable spend management portfolio and SAP Concur's industry-leading solutions
New
Delhi, 5th August 2024: SAP® Concur®, the world's leading brand for travel,
expense, and invoice management solutions, into SAP’s Intelligent Spend
Management & Business Network (ISBN). This is a milestone in our strategy
to equip businesses with comprehensive solutions that optimize spending and
fortify financial operations.
In line with this strategic move, SAP elevates Ashwani Narang to Head of Intelligent Spend Management & Business Network – India & South Asia. With over 18 years of diverse experience, Ashwani will now spearhead business growth, drive go-to-market strategies, ensure customer success, and manage the overall P&L for the Spend Management Group.
This integration
combines SAP's formidable spend management portfolio and SAP Concur's
industry-leading solutions, offering organizations unmatched capabilities to
control costs, increase cash flow, and expedite digital transformation. Our
offerings are designed to deliver maximum value to our customers. Operations
will now be streamlined through single sign-on and effortless app deployment,
boosting user adoption via highly rated applications. Ultimately, SAP aims to
empower finance and HR teams to effectively manage employee spending within a
centralized platform.
Mr. Ashwani
Narang, Vice President & Head- Spend Management at SAP said, “India holds immense potential for
intelligent Spend Management solutions. We at SAP are confident that India has
the fundamentals to sustain our development trajectory. Our goal is to solve
our customers' business problems in the most sustainable and innovative ways
possible. Through Spend Management, we aim to empower the business to achieve
its objectives, ensure continuity, and make proactive decisions in real-time.”
India is on an
exciting growth trajectory, driven by the ambition to boost its Gross Domestic
Product (GDP) to a staggering $30 trillion by 2047. Considering the youthful
population, massive technology talent pool, and a business landscape teeming
with unicorns, this vision is well within our reach.
However, there's
certainly room for improvement. Despite being a vibrant economy, India
currently ranks only 38th on the Logistics Performance Index by The World
Bank. The aim should be to break into the top 10! SAP technology can play
a pivotal role in this journey. By placing data at the heart of intelligent
supply chains and integrating AI, we streamline processes, enhance operational
excellence, and boost efficiency.
SAP Concur is the
global market leader in travel and expense solutions with more than 94 million
end users booking travel and/or processing expenses.?
About
SAP Concur
SAP®
Concur® is the world’s leading brand for integrated travel, expense, and
invoice management solutions, driven by a relentless pursuit to simplify and
automate these everyday processes. The top-rated SAP Concur mobile app guides
employees through every trip, charges are effortlessly populated into expense
reports, and invoice approvals are automated. By integrating near-real-time
data and using AI to audit 100% of transactions, businesses can see exactly
what they’re spending without worrying about blind spots in the budget. SAP
Concur solutions eliminate yesterday’s tedious tasks, make today’s work easier,
and help businesses run at their best every day. Learn more at
www.concur.co.in.
SAP Concur
has had a Research & Development team in India since 2005 and is investing
to expand this team in Bangalore. With Sales and Marketing offices in Mumbai,
Delhi and Bangalore, SAP Concur is committed to deliver effective and
innovative business solutions to its Indian clients.