DO YOU KNOW CONCUR?

CONCUR TRIVIA

100

Where is SAP Concur headquartered?

Bellevue, Washington

200

 What does Concur help eliminate?

Manual data entry

300

What was Concur's original company name before SAP Concur?

Concur Technologies

400

Approximately how much did SAP pay for Concur?

$8.3 billion.

500

Approximately how many employees make up SAP Concur today?

 4,600 employees globally

Expense

100

What is an "Out of Pocket" Expense?

An expense incurred by an employee using their own money.

200

 Describe the difference between an Expense vs an Expense Report. 

Expense = Single Charge

Expense Report = Report compiled of 1 or more expenses, submitted for reimbursement or reconciliation 

300

True or False: Employees using company cards do not need to keep track of receipts.

False

400

What is a reason a business may choose to use company cards vs out of pocket expense reports?

Keep rewards, greater visibility, less paper, no approvals

500

Describe what a manual ER Process looks like

• Employee incurs an expense (travel, meals, supplies, etc.)

• Collects and saves receipts

• Completes an expense report (paper form or spreadsheet)

• Submits the report with receipts attached

• Manager reviews and approves the expenses

• Finance/AP reviews and verifies the submission

• Expense data is entered manually into accounting systems

• Reimbursement is processed and paid

• Records are filed and archived for audit and compliance purposes.

Invoice

100

What is a vendor?

Someone that provides you a good or service.

200

What does CRAPR stand for?

Capture

Route 

Approve

Pay 

Report

300

What are the 3 methods possible to pay a vendor?

ACH (direct deposit)

Credit Card 

Check (or cash)

400

What is a PO? 

Acronym and description

A purchase order (PO) is a legally binding document created by a buyer and presented to a seller. Much like your “cart” on an e-commerce site, a purchase order is essentially a list of what you agree to buy, without yet paying for it.

500

Describe what a manual AP Process looks like

• Vendor submits an invoice (email, mail, or paper copy)

• Invoice is received and sorted

• Invoice details are manually entered into the AP system

• Invoice is matched to purchase orders and receiving documents (if applicable)

• Approvers review and approve the invoice

• AP team verifies and reconciles any discrepancies

• Payment is scheduled and processed (check, ACH, wire, etc.)

• Payment is sent to the vendor

• Invoice and payment records are filed and archived for audit and compliance purposes.

Pain Points

100

What is an example of a Pain Point?

•Time consuming

•Losing ER/Invoices

•Real Time Visibility

•Paying vendors late

•Failing audits

•Human Error

•Employees out of complaint

200

What pain does Mobile receipt capture solve?

Lost receipts

300

True or False: An expense process can be digital and still be highly manual.

True

400

Why is month-end close often discussed during Concur conversations?

Manual expense and invoice processes can delay the close.

500

Describe the manual credit card reconciliation process. 

Start - employee incurs expense

End - month-end close

Employee places charge on company card, holds on-to receipt, submits to accounting, accounting receives credit card statement of transactions, matches each transaction to receipt, enters into accounting system, pays credit card company, closes the books, reports sent to CFO.

Profile Points

100

What is an example of a Profile Point?

•ERP –QuickBooks

•Primary Card

•Payroll

•Number of Expense Reports/month

•Number of Invoices/month

•Current expense/invoice process

200

What does ERP stand for?

Enterprise Resource Planning

300

Multiple Choice: Who pays for the transaction on a company credit card at the time of the purchase?

A - the employee

B - the company 

C - the credit card provider

C

400

Name the 2 accounting systems that Concur can NOT connect to.

CDK and Reynolds & Reynolds (R&R)

500

 What is the primary benefit of integrating SAP Concur with a payroll system?

 Automate employee reimbursements and reduce manual work