SAP Cloud for Travel: A Newcomer Market Challenger

Rising travel costs, increasing business travel in this age of globalization, including online bookings across multiple sites, and increasing costs to process expenses all drive the development of travel and expenses (T&E) solutions. TEC’s P.J. Jakovljevic looks at SAP Cloud for Travel, and describes how recent enhancements in the product offer travelers and organizations additional choice and efficiencies for T&E management.

Report Preview

Much has been said of late about SAP’s burgeoning Cloud Solutions portfolio around the People, Money, Customer, and Supplier lines of business (pillars), but very little attention has been paid to the novel product called SAP Cloud for Travel (formerly SAP Travel OnDemand), which is a part of the SAP’s Cloud Money pillar. Contrary to most of the SAP Cloud Solutions coming from blockbuster acquisition (e.g., SuccessFactors or Ariba), this cloud offering was developed internally by SAP. The product was commercially launched in February 2012, and has since had six quarterly release cycles. SAP has embraced an AGILE product development approach with the goal of providing market responsiveness with frequent enhancements. Each quarter has seen an expansion of both the functional and global footprint of the solution.

Travel Industry Trends

Like its peer travel and expenses (T&E) management products by Concur Technologies, Infor, Workday, Coupa, and KDS, the SAP Cloud for Travel solution is designed to enhance a corporation's visibility into and control over the expense management and reimbursement processes, helping companies cut travel costs and complexity while aiming to increase compliance and employee productivity (see figure 1). Rising travel costs, increasing business travel in this age of globalization, and increasing costs to process expenses all drive the development of such T&E solutions, which support cloud and mobility as a matter of course. In addition, there are ever fewer travel agents in the world but more and more travel Web sites, resulting in an increased number of travelers booking their own trips (more than 40 percent, according to some research).

Read the full report >>

Featured Software Research:

Unified Communications Guide: Staying On-Premise or Going to the Cloud

Whether your company has recently migrated from legacy telephony to VoIP or whether it has been on the VoIP path for some time, consideration of unified communications UC makes sense. While some businesses will be perfectly happy moving over to VoIP, others will want the richer set of benefits that come with UC. Once the decision to go with UC has been made, businesses have to choose between retaining their premise-based environment for communications applications and adopting cloud-based UC.... Read More

The 8 Ways Outdated ERP Damages Your Business

In today's market, enterprise resource planning (ERP) systems need to adapt quickly to changing conditions. Download this white paper to find out how outdated systems drain your IT budget, how to ensure that your ERP systems keep pace with the demands of a global mobile business, and four reasons why companies are turning to the cloud to keep up. Read More

You may also be interested in these related documents:

SAP Enterprise Mobility: Bringing a Cohesive Approach to a Complex Market

  • Source: IDC
  • Written By:
  • Published:
Mobility and consumerization are creating complexity in the enterprise, but embracing the change can lead to more productive mobile workers as well as better communications with employees, partners, customers, and consumers. The trends in the enterprise mobility landscape, such as the consumerization of IT, the mobile application explosion, and cloud computing, are driving the need for new technology solutions to emerge. This white paper discusses some of the key trends taking place in the enterprise... Read More

Staying Aloft in Tough Times: Why Smart, Innovative Businesses Are Turning to Cloud Computing

  • Source: IBM
  • Written By:
  • Published:
Demand for business expansion, profitability, and an enhanced user experience is accelerating the move to cloud computing. Cloud answers the enterprise’s need to simplify and to use the best resources from the best devices, wherever they happen to reside on the network. For chief information officers (CIOs), it’s an opportunity to reduce operational complexity and deliver greater value to the organization. Find out more. Read More

Transforming Performance Management in an SAP Environment: Considerations for Finance

  • Source: IBM
  • Written By:
  • Published:
Finance professionals who plan, budget, and forecast in an SAP environment always need to drive additional value from their SAP solutions. One of the most pressing challenges is extending SAP functionality with a planning, budgeting, and forecasting solution that offers critical modeling and analytic capabilities for improved financial performance management. Learn how a business intelligence (BI) solution can help. Read More
comments powered by Disqus