SAP Concur Invoice

What SAP Concur Invoice is

SAP Concur Invoice is cloud-based accounts payable software for finance teams processing invoices, routing approvals, matching purchase orders and receipts, paying suppliers and reporting on activity. It can compare invoices with purchase orders and receipts and flag discrepancies. Invoices are held in a centralized cloud system with a digital audit trail.

The product supports ERP and accounting integrations through pre-built connectors, open APIs and secure file transfers. Approval levels can be customized, and multi-entity support is listed. Concur Invoice can be combined with Concur Expense and Concur Travel to manage business spending in one system. The SAP Concur mobile app supports invoice review and approval on iPhone and Android; web access is also available.

Concur Invoice is a paid, subscription-style product with pricing available by request, and there is no free plan. SAP Concur says it conducts internal and external penetration testing at least annually and after significant infrastructure, segmentation or application changes, including testing of Concur Invoice. SAP Enterprise Support Cloud Edition includes resources such as training materials, knowledge transfer assets and issue-resolution best practices. The User Support Desk is a paid first-level technical support service that some customers add; it is not included for every customer.

Who it suits

Concur Invoice suits finance teams automating accounts payable, particularly those that need invoice approvals, purchase order matching and supplier payments. It can also fit organizations using ERP or accounting systems that connect through its listed integration options, and businesses combining it with Concur Expense and Concur Travel.

Getting started

1. Open the Concur Invoice product website.
2. Request a quote for subscription-style pricing.
3. Access the product on the web or use the SAP Concur mobile app on iPhone or Android.
4. Connect ERP or accounting systems through pre-built connectors, open APIs or secure file transfers.
5. Combine it with Concur Expense and Concur Travel if managing business spending in one system.

Verdict

Choose Concur Invoice if your finance team needs cloud accounts payable workflows for invoice capture, approvals, matching and supplier payments. Its audit trail and listed integration routes support centralized invoice processing. Look elsewhere if you need a free plan or pricing published without requesting a quote.