Case Study: Alkermes achieves compliance and spend visibility with SAP Concur

Alkermes streamlines spend management with SAP Concur and 97% card adoption

Alkermes, a global biopharmaceutical company, faced challenges in managing travel and expense compliance while gaining visibility into spend without cumbersome manual processes. To address this, they turned to vendor SAP Concur and its suite of solutions, including Concur Expense and Concur Travel.

SAP Concur implemented an automated, integrated solution that streamlined booking, reimbursement, and reporting. This provided Alkermes with full spend visibility, robust compliance tools for regulations like the Sunshine Act, and proactive reporting. The results included a 97% credit card adoption rate, efficient automated payments, and freed-up staff time, allowing the finance team to focus on more strategic work.

Alkermes