Senior executives worldwide face a starkly different economic climate entering second half of 2020 than they and their teams originally anticipated. The impact of COVID-19 has been tragic and far-reaching on a human and economic level. In a recent study conducted by SAP Concur and The Economist Group, 88% of senior executives worldwide agreed that the pandemic will forever change how business operate.
Global executives are working through what recovery will look like, determining how to evolve their organizations to meet newly urgent strategic priorities and support business continuity. Ninety-three percent of senior executives worldwide agreed that maintaining organizational agility is the only way to navigate uncertainty.
COVID-19 has underscored how adaptable companies are better positioned to weather economic disruption. When asked specifically about the role of automated travel and expense can help can play in support business strategic priorities, 90% of executives agreed that automated T&E solution can help the organization stay nimble and facilitate long-term growth.
Download the report to learn key trends in the digital transformation approaches of worldwide executives.