May 2022 Expense Professional Edition Admin Summary

Cards

With this release, Yodlee has configured their card handling to work with the new Open Banking standards. This means that users who have linked their non-corporate, personal, or business cards via Yodlee will need to reauthenticate these cards to ensure that transactions continue to be available within Concur Expense.

Banks will work with Yodlee to adopt the new functionality over time. This means the card user in Concur Expense must first identify if their card is ready for reauthentication before doing so. As of this release, the following cards may now be reauthenticated:

• Bank of America (by June 25th, 2022)

• Wells Fargo (by June 31st, 2022)

If your card is not on this (or prior) lists, refer to upcoming release notes to determine when your card issuer is ready, and you may proceed with reauthentication.

Business Purpose / Client Benefit: This update is required to ensure continued connectivity between the bank and Yodlee within Concur Expense, allowing Concur Expense card users to benefit from Yodlee's adoption of the Open Banking functionality.

Expense Pay – Flex Edition

Previously, when an SGD (Singapore Dollar) payment was sent to the payment provider, and the beneficiary bank was HSBC or SBI, the branch code was automatically included with the account number. Organizations contractually domiciled outside of Singapore have different requirements; when branch codes are appended, payments do not succeed for these beneficiary banks.

To better support SGD currency payments, SAP Concur will no longer automatically include the branch code with the account number. SAP Concur will allow manual entry of the 3-digit branch code before the account number when needed, so that payments can succeed for all scenarios.

Business Purpose / Client Benefit: This change supports successful payments to organizations contractually domiciled inside or outside Singapore where the branch code prefix is or is not required.

NextGen UI

The continued evolution of the Concur Expense solution user interface experience is the result of thoughtful design and research that provides a modern, intuitive, and streamlined experience for creating and submitting expense reports.

Concur Expense customers are now strongly encouraged to preview and then move to the NextGen UI well before the automatic transition date of October 1, 2022.

Business Purpose / Client Benefit: The result is the next generation of the Concur Expense user interface designed to provide a modern, consistent, and streamlined user experience. This technology not only provides an enhanced user interface, but also allows us to react more quickly to customer requests to meet changing needs as they happen.

Travel Allowance Service

SAP Concur has changed the rule options for the following rate types:

• Rate Type: Meals; Rule Name: Deductions; Updated Rule Option: Require deduction time

• Rate Type: Compensation Allowance; Rule Name: Several domestic locations in a domestic reimbursement interval, foreign ; Updated Rule Option: Rate of the last location

Business Purpose / Client Benefit: This configuration maintains best practices for statutory configuration.

Cards

SAP Concur will adjust the AMEX GL1025 import in an upcoming release to match changes by AMEX that will improve the accuracy of the transaction posted date.

Currently, the GL1025's file creation date value is mapped to draw its value from the Transaction Posted Date. Now, AMEX has introduced a new field, Business Process Date, that is not only more accurate, but also retains its original value even if the file is recreated. As a result, clients will notice that a more accurate date is reflected and retained in their imports.

On this update, the File Creation Date field will act as a backup value for Posted Date if the Business Process Date is absent for any reason.

Business Purpose / Client Benefit: This planned change makes the GL1025 import more accurate for the Posted Date value while ensuring a backup value is always present for the client's use.