Case Study: Mesirow Financial achieves 50% faster reimbursements and nearly 100% T&E visibility with SAP Concur

A Financial Services Leader Invests in Concur and Gains Priceless Data

Mesirow Financial, a 1,500-employee independent financial services firm with offices in the U.S., London and Hong Kong, needed better control, accuracy and compliance in its travel-and-expense (T&E) processes. Reliant on a manual system, the company faced slow reimbursements, lost receipts, onsite paper storage and limited visibility into category-level spending.

Mesirow implemented Concur Expense and Concur Business Intelligence to automate expense reporting, enforce hard stops for policy compliance and digitize receipts. As a result, reimbursements are 50% faster, compliance improved nearly 40%, the firm achieved nearly 100% visibility into T&E spend, eliminated paper storage and now uses spend data to refine policies and negotiate supplier rates.

Mesirow Financial

Rowena Froegel

Accounts Payable Manager