So long billing stress, hello professional services project integration! Concur and Replicon recently teamed up to create an integrated travel, time tracking and expense reporting solution to help project consultants, administrators and the accounts payable teams work more efficiently.
Our new infographic, “Effortless Project Billing from Start to Finish” breaks down the solution for professional services companies in four easy steps, from booking travel, tracking expenses, report routing and invoicing clients. The infographic also outlines the key advantages of every step along the way. The end result is perfect project profitability.
https://www.concur.com/en-us/professional-services-automation-software
Marel Q1 2024 Investor Presentation from May 8, 2024
4 Easy Steps to Simplified Project Billing [Infographic]
1. Concur and Replicon have teamed up to offer you the first integrated travel, time and expense management
solution for professional services companies. Now your entire company can finally wave bye-bye to client
billing pains and greet increased project profitability with a smile.
Concur and Replicon have teamed up to offer you the first integrated travel, time and expense management
solution for professional services companies. Now your entire company can finally wave bye-bye to client
billing pains and greet increased project profitability with a smile.
KEY ADVANTAGES:
SAVES TIME
ALL-IN-ONE ITINERARY ON YOUR PHONE
FOR STRESS-FREE TRAVEL
24%Average margin saved
on company travel fares
compared to public fares
ACCESS TO REAL-TIME DATA TO MONITOR PROJECT BUDGETS
SAVES MONEY FOR YOU
AND YOUR CLIENTS
EFFORTLESS PROJECT BILLING
FROM START TO FINISH
Search results are customized to your company and client
to maximize negotiated discounts and minimize write-offs.
STEP 1: BOOK TRAVEL
STEP 2: TRACK TIME AND EXPENSES
STEP 3: ROUTE FOR APPROVAL
Automated workflow with alerts, reminders and
mobile approvals keeps the process moving
RUN YOUR PROJECTS WITH INCREASED PROFITABILITY AND
REDUCED PAIN FROM START TO FINISH WITH THE HELP OF THE
ONLY FULLY INTEGRATED SOLUTION ON THE MARKET.
SOURCES
http://www.traveldailynews.com/news/article/52490/study-sees-travel-distribution-transformed
http://www.prweb.com/releases/2013/4/prweb10554278.htm
https://www.concur.com/en-us/media-resources/press-releases/10-11-10
https://www.concur.com/en-us/casestudy/LMI-Aerospace
http://www.replicon.com/ThinkQ-Case-Study
http://www.paystreamadvisors.com/eResearch/pdf/PayStreamAdvisors-Travel-Expense-Management-2013.pdf
LEARN MORE:
WWW.CONCUR.COM/PROFESSIONAL-SERVICES
Use mobile apps to quickly grab
time and expenses as they occur
Corporate card charges pre-populate
expense reports
Associate to projects in one simple-to-use interface
ACCOUNTS
PAYABLE
MANAGER
HELLO, I’M THE
MAKES EXPENSE REPORTING AND TIME
TRACKING LESS PAINFUL
Rather than file another expense report:
of employees would
rather take out the
trash
18%
would rather clean
the office bathroom
10%
PROJECT
CONSULTANT
HELLO, I’M THE
KEY ADVANTAGES:
Pre-built reports give clients time, expenses and receipt
images for each billing period all in one tidy package
STEP 4: INVOICE CLIENTS
Reduces the 12-15% of errors caused by
manual billing & gives clients the visibility
to feel confident about their spend
BOOSTS CLIENT SATISFACTION
KEY ADVANTAGES:
SHORTENS BILLING FROM
DAYS TO MINUTES
The number of
websites the typical
traveler visits before
booking travel
22
REDUCES NON-BILLABLE HOURS
Replicon clients report
savings of up to 90% of
the time previously spent
tracking project hours
90%
KEY ADVANTAGES:
REDUCES COSTS
DECREASES APPROVAL TIME
The typical company spends over
$20 to process a single expense
report. Automation cuts those costs
by almost 2/3
Many companies drop their approval time
FROM 2 WEEKS TO 3
DAYS OR LESS
$20
$20
$20
$20
WITH AND