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Travel with calculated risk

Audit and advisory firm EY and SAP Concur have jointly developed a solution to help business travelers manage tax and inbound travel risks worldwide.
E-3 Magazine
July 27, 2018
Travel with calculated risk
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This text has been automatically translated from German to English.

The new end-to-end business travel solution is the first of its kind and is based on demand from EY and Concur clients. It gives companies and travelers real-time access to entry and tax information for the first time - even before booking.

Transnational solution

The integrated solution captures relevant travel and business data within the Concur Travel and Expense platform and analyzes the information for inbound and tax risk using the EY solution.

In this way, cross-country tax and entry regulations can be identified before the start of the business trip so that appropriate steps can be taken in good time.

Through seamless integration, companies gain an overview of potential risks. The business traveler can fully concentrate on their core tasks while compliance is ensured.

Concur-EY connection

The Connector enables Concur and EY accounts to be connected at various stages of business travel management, such as travel planning, booking and expense reporting. Here are the processes and benefits at a glance:

Before booking: Even as the travel request is submitted through Concur Request, companies and travelers gain visibility into the required tax and immigration requirements, including the required approval processes.

During booking: Within the booking process in Concur Travel, the user receives immediate travel approval or a corresponding action plan to fulfill.

After booking: The traveler receives all booking data of any business trip at a glance. If they have not been booked via Concur Travel, they can also be pulled via other booking sources via TripLink.

After the trip: The Expense Report data provides information on travel activity and enables insights that are not apparent from booking data, such as entitlement to mileage allowances or VAT reimbursements.

Goetz ReinhardtEntry issues not an obstacle to work

Michael Bertolino, Global People Advisory Services Leader at EY, says:

"Business travel is essential for EY clients worldwide. Workforce mobility is an operational necessity in the globalized business world.

The new solution helps us ensure that tax and immigration issues don't prevent employees from doing their jobs when they're on the road.

By harnessing the collective power of 10,000 EY employees in People Advisory Services, we can work with SAP Concur to make managing business travel risk as easy as possible for clients."

Götz Reinhardt, Managing Director MEE (Middle East Europe) at Concur, says:

"Tax and immigration regulations for business travel are constantly changing, becoming more complex and costing companies a lot of time.

We want to make it as easy as possible for our customers to adapt to achieve the best possible compliance with the least amount of time.

With an industry leader like EY, we can meet the current and future needs of our clients who are traveling and expanding globally."

The collaboration is an extension of the existing strategic alliance between EY and SAP. With more than 160 out-of-the-box integrations with Concur Travel, Expense and Invoice products, as well as links to popular apps, the Concur App Center provides functionality in core areas such as finance, compliance, corporate identity, travel productivity, travel management and more.

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