SAP Concur reveals 2025 predictions for T&E management

SAP Concur has unveiled its five predictions for travel and expense (T&E) management by the year 2025.

The first prediction by SAP Concur concerns the continued investment in digital systems and security infrastructure. Companies are anticipated to invest in process automation and generative AI to support growth, despite the rising risks associated with data breaches as organisations expand their digital structures. As businesses attempt to balance swift responses to stakeholder demands with security concerns, investment in technological innovation and security infrastructure is projected to be a priority in 2025. Nearly 85% of businesses in the Asia-Pacific (APAC) region have reported an increase in cyber budgets, with growing regulations such as those in Singapore, where businesses can face fines of up to 10% of their local annual turnover.

The next prediction is that a return to the office will increase pressure on travel budgets. As inflation slows, there are…