SAP Concur forecasts 2025 trends in travel management tech

SAP Concur has outlined its predictions for travel and expense management in 2025, highlighting key trends and challenges facing businesses in the sector.

According to Chris Juneau, Head of Market Strategy at SAP Concur, companies are expected to make significant investments in digital systems and security infrastructure over the coming years. “Companies in 2025 will invest in innovative new solutions such as process automation and generative AI to support growth,” Juneau stated. He noted the delicate balance businesses must maintain between catering to stakeholder demands and addressing security risks, emphasizing that tech innovation and security will be top priorities.

Juneau also anticipates increased pressure on travel budgets as employees return to the office, leading to a rise in business travel volume. “With inflation slowing, businesses have an opportunity to extract more value from travel investments,” he remarked. However, he cautioned that financial controllers…