JP Morgan Chase is a financial services company located in 58 different countries. By using Concur to standardize their expense and non-PO invoice processes, they gained control and efficiency – resulting in $50 million in savings. Jonathan Ridgwell, Executive Director of Procurement to Pay, says “I’m excited about the way that SAP will work holistically through the Ariba platform, the Fieldglass platform, and the Concur platform globally for our business”.
Moving from hundreds of different expense types that we had, standardizing those to 50 expense types that we're now utilizing globally for all of the regulatory requirements that we have in the different countries has been a real win for us.
-Jonathan Ridgwell, JPMorgan Chase