Corinthians partner with expense platform to modernise finances | OneFootball

Corinthians announced last Tuesday (2) the implementation of SAP Concur, a globally recognized platform for corporate expense management. According to the club, the initiative aims to modernize internal processes and reinforce its commitment to financial efficiency, administrative responsibility, and transparency.

SAP Concur is a SaaS-type software, cloud-hosted, focused on integrated management of expenses, business travel, and invoices. The tool automates traditionally bureaucratic steps, offering detailed expense control, real-time monitoring, and alignment with internal policies.

Photo: Publicity/Corinthians

SAP, the developer of the solution, has been a global reference in artificial intelligence and corporate applications for over half a century. Its ecosystem connects strategic areas such as finance, procurement, human resources, supply chain, and customer service. The name derives from the German expression Systeme, Anwendungen und Produkte in der Datenverarbeitung — translated as Systems, Applications, and Products in Data Processing.

With the adoption of the system, Corinthians will stop using manual reports and separate approval flows, moving to operate in a unified and automated environment. This should speed up routines, reduce errors, and improve travel management, centralizing bookings, logistics, and expense reporting for athletes, the coaching staff, and the board. The measure gains importance in light of recent investigations conducted by the Advisory Council (Cori), Ethics Committee (CE), and Justice Committee (CJ), related to the use of the corporate card by former presidents Andrés Sanchez, Augusto Melo, and Duilio Monteiro Alves.

Another highlighted point is the gain in transparency. With greater visibility into each stage of spending, the board will have more accuracy in budget analysis and monitoring of internal policies. Employees and players will also benefit, being able to record expenses directly through the app, digitize receipts, and reduce time spent on administrative tasks. The topic gains weight after the recent controversy involving the report led by Marcelo Munhoes, technology director, who investigated the disappearance of sports equipment supplied by Nike at CT Dr. Joaquim Grava and Parque São Jorge — a document currently also under review by the CJ.

President Osmar Stabile emphasized that adopting the platform represents the club's alignment with the professional management practices required in modern football. He stated that the solution reinforces Corinthians' commitment to modernization, efficiency, and readiness for upcoming challenges.

“We are committed to making Corinthians increasingly efficient, transparent, and prepared for the future. Adopting SAP's solution is an important step in the evolution of our financial management and in strengthening the club institutionally,” he said in a statement released by the club.

SAP also celebrated the partnership. Denis Tassitano, vice president of SAP Concur for Latin America and the Caribbean, highlighted the company's enthusiasm in participating in Timão's digital transformation process and reinforced the importance of more structured governance practices.

“We are excited to support Corinthians on this important journey of digital transformation and improvement of governance and expense management processes, with transparency and efficiency,” he said.

The implementation of SAP Concur comes amid a complex financial scenario. The most recent balance sheet, published in July, shows that Corinthians has accumulated R$ 2.7 billion in debt — R$ 2 billion related to the club and R$ 655 million linked to Neo Química Arena. In addition, the debt with the Federal Government has nearly tripled in one year, reaching R$ 580 million on the National Treasury Attorney General's List of Debtors, as reported by ESPN last week. In this context, modernizing financial management becomes even more essential for the club's future.

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This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.