SAP Concur
SAP Concur provides integrated travel, expense, and invoice management solutions that help you automate spending processes and gain total visibility into your organization's business expenditures and compliance.
Tradeshift
Tradeshift is a cloud-based business network and platform that connects buyers and suppliers to digitize invoices, manage payments, and streamline global supply chain commerce through a single interface.
Quick Comparison
| Feature | SAP Concur | Tradeshift |
|---|---|---|
| Website | concur.com | tradeshift.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✓ 0 days free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✓ Has free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1993 | 2010 |
| Headquarters | Bellevue, USA | San Francisco, USA |
Overview
SAP Concur
SAP Concur helps you take full control of your business spending by connecting travel, expense, and invoice management in a single system. You can eliminate manual data entry by capturing receipts with a smartphone photo, which automatically populates expense reports. This automation ensures your team stays compliant with company policies while reducing the time spent on tedious administrative tasks.
The platform scales with your business, offering specialized tools for small teams and global enterprises alike. You can integrate your travel booking directly with expense reporting to see exactly where your budget goes in real-time. By using these connected tools, you gain the insights needed to negotiate better vendor rates and manage your cash flow more effectively.
Tradeshift
Tradeshift connects you to a global network of over 1.5 million businesses, allowing you to digitize your entire accounts payable process. You can move away from paper-based systems by receiving electronic invoices directly from your suppliers, which reduces manual data entry and minimizes processing errors. The platform acts as a social network for business, where you can collaborate with partners in real-time to resolve disputes and track payment statuses.
You can also gain better control over your spend by integrating your procurement and payables into one streamlined workflow. Whether you are looking to improve supplier relationships through early payment programs or ensure global tax compliance, the platform provides the tools to manage complex B2B transactions. It is designed for mid-market and enterprise organizations that need to scale their financial operations globally while maintaining visibility across their entire supply chain.
Overview
SAP Concur Features
- Expense It Snap photos of your receipts with your phone to automatically create, categorize, and itemize expense entries for faster reimbursement.
- Concur Travel Book flights, hotels, and cars within your company policy while automatically syncing every booking detail to your expense report.
- Invoice Automation Capture and process paper and electronic invoices automatically to speed up payments and eliminate manual data entry errors.
- Policy Audit Set up automated rules that flag non-compliant spending before it happens, ensuring everyone follows your company's specific travel policies.
- Mobile App Manage approvals, track mileage via GPS, and submit entire expense reports from your mobile device while traveling for work.
- Business Intelligence Access visual reports and dashboards that show you exactly where you are spending money across different departments and vendors.
Tradeshift Features
- E-Invoicing Automation. Receive and process digital invoices from any supplier automatically to eliminate manual data entry and reduce costly human errors.
- Global Tax Compliance. Stay compliant with local tax regulations across dozens of countries with built-in country-specific rules and digital signature requirements.
- Supplier Collaboration. Communicate directly with your vendors through a social-style interface to resolve invoice discrepancies and update account details instantly.
- Early Payment Programs. Offer your suppliers flexible payment options and dynamic discounting to strengthen your supply chain and improve your working capital.
- Digital Procurement. Browse supplier catalogs and place orders within a unified marketplace that ensures all your purchases follow company policy.
- Tradeshift App Store. Extend your platform's capabilities by adding specialized third-party apps for analytics, logistics tracking, and advanced financial reporting.
Pricing Comparison
SAP Concur Pricing
Tradeshift Pricing
Pros & Cons
SAP Concur
Pros
- Mobile receipt capture saves hours of manual data entry
- Seamless integration with major corporate credit card providers
- Robust policy enforcement prevents accidental overspending and fraud
- Extensive ecosystem of travel partners and app integrations
Cons
- User interface can feel dated compared to newer startups
- Initial setup and configuration requires significant time investment
- Customer support response times can be slow during peak periods
- Advanced reporting features have a steep learning curve
Tradeshift
Pros
- Free for suppliers which makes onboarding your vendors much easier
- User interface is modern and feels like a social network
- Strong global compliance features for international VAT and tax
- Centralizes all supplier communication in one searchable history
Cons
- Initial setup and integration with ERPs can be complex
- Customer support response times can be slow during peak periods
- Occasional glitches in the document upload and syncing process