India’s IT spending is on a steep rise – projected to cross USD 176.3 billion in 2026, driven largely by surging investments in AI, cloud, and data-centre infrastructure. Globally too, AI spending is projected to exceed USD 300 billion by 2026, reflecting mainstream adoption in process automation (76% usage) and operational efficiency gains of 34%. 

This shift has profound implications for travel and expense (T&E) management – long considered a back-office cost centre. As companies lean into predictive intelligence rather than just automating manual tasks, the opportunity paves the way for smarter spend control, real-time compliance, and leaner operations.

SAP’s Joule AI, embedded within SAP Concur, is uniquely positioned to capitalise on this trend. By using agentic AI, Joule doesn’t just respond to prompts, it executes tasks, help enterprises reward efficiency, enforce policy, and drive greater ROI on their technology spend.

Here are four Joule AI agents by SAP Concur that are helping enterprises get more value from every IT expense, every trip, and every expense:

  1. Booking Agent: Making Every Trip Efficient and Policy-Compliant

The Booking Agent guides travelers through itinerary creation using natural language, delivering policy-aligned, cost-conscious travel options with real-time price breakdowns. The result? Fewer out-of-policy bookings, reduced administrative burden, and optimized travel spend, ensuring IT budgets deliver real operational value.

  1. Receipt Analysis Agent: Eliminating Manual Entry and Improving Accuracy

This agent uses AI to autofill missing receipt details, predict expense types, and calculate totals even for incomplete receipts. Enterprises gain cleaner expense data, lower error rates, and improved spend visibility, supporting precise IT budget tracking and forecasting.

  1. Meeting Location Planner Agent: Optimizing Meeting Costs and Coordination

By recommending the best times and locations based on attendee preferences and company policies, this agent reduces planning friction and hidden travel costs. It enables teams to make informed decisions quickly, aligning with cost-control objectives and maximizing ROI on corporate travel budgets.

  1. Expense Report Validation Agent: Accelerating Approvals and Ensuring Compliance

With guided report completion and real-time error and policy checks, this agent speeds up approvals and reduces compliance risks. Businesses benefit from fewer policy violations, faster reimbursements, and reduced administrative overhead, making IT and finance teams more productive.

As IT budgets become more scrutinized, AI-driven spend management is no longer optional – it’s strategic. Joule AI within SAP Concur empowers enterprises to streamline processes, strengthen compliance, and gain actionable spend visibility, transforming travel and expense management from a cost center into a lever for operational efficiency and smarter IT spending.