SAP FM Connector - SAP Concur to automate Budget Management
Budget-It automates and makes budget management easier
between SAP Concur and SAP ECC or S/4HANA
Budget-It makes budget management between SAP Concur and SAP Funds Management (FM) accessible through the automation of four key features:
- Replication of the budget data
Budget data replication keeps the repositories used in SAP Concur up to date and prevents entries on inactive budgets.
- Real-time budget controlling
Real-time budget controlling is based on the latest SAP Concur technology (event-driven architecture).As soon as a request is submitted, Budget-It checks the available budget in SAP Funds Management (SAP FM), and the request continues the approval flow or is rejected automatically.
- De-commitment and liquidation of assignments
After the trip, commitments are released when the request is settled in Concur Expense.
- Creation of commitments (with management of modifications/cancellations)
Commitments are automatically created in SAP ERP based on the forecasted expenses entered in Concur Request. The commitment number is visible in the SAP Concur solution. Modifications or cancellations of a request are also managed.
An application dedicated to the management of budgetary commitments
Budget-It main benefits:
- Up-to-date budgetary allocation repository in SAP Concur
- Budgetary control before submission of the assignment to the approvers
- Full visibility on control monitoring
- Use of the SAP standard (SAP ICS Add-on) for mission request liquidation and accounting entries.
Integration of Funds Management with SAP Concur Request, Travel and Expense
ARAGO Consulting’s experience in implementing SAP solutions (such as SAP SuccessFactors, SAP Concur, SAP Fieldglass, Qualtrics…) led our experts to develop the integration between SAP Funds Management and SAP Concur, to help companies better manage their Travel and Expense activities. An EMEA leading SAP Concur partner, ARAGO Consulting relies on more than 70 successful deployment projects to meet their client needs regarding Finance Management.
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