St. Paul, 55101, MN,
United States
AgriBank Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by AgriBank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1000 AgriBank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that AgriBank has purchased the following applications: SAP Concur Invoice for AP Automation in 2019, SAP Concur TripLink for Travel Management in 2019, Zoom for Audio Video and Web Conferencing in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems AgriBank is running and its propensity to invest more and deepen its relationship with SAP , Zoom Video Communications , Microsoft or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing AgriBank revenues, which have grown to $691.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for AgriBank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP Concur Invoice | AP Automation | ERP Financial Management | n/a | 2019 | 2019 |
In 2019, AgriBank implemented SAP Concur Invoice as part of an AP Automation initiative to modernize accounts payable and extend electronic expense capabilities to the 14 Farm Credit Associations it serves. The deployment positioned SAP Concur Invoice alongside Concur Expense and related Concur products to replace spreadsheet and paper based workflows, enable mobile approvals, and provide managers near real-time budget visibility.
AgriBank configured SAP Concur Invoice with built in audit and receipt rules and leveraged Concur image capture and Optical Character Recognition to prepopulate key invoice fields such as vendor name, invoice number, date and dollar amount. The implementation included vendor pre coding and assignment of approvers, centralized invoice storage and retrieval, and ExpenseIt mobile receipt capture to streamline both expense and invoice processing.
SAP Concur Invoice was integrated within the broader Concur product set, including Concur Expense, TripIt, ExpenseIt, and Budget, enabling consolidated spend visibility and browser and mobile access to budget data. Budget aggregated spend from Expense, Invoice, TripIt and ExpenseIt to provide managers with near real-time budget access, and TripIt provided mobile travel itineraries tied into expense workflows. These product level integrations supported mobile approvals and faster decision making at the manager level.
Operational governance was centralized under AgriBank, which became the single point of contact for Associations and managed configuration changes, category setup, and onboarding. AgriBank product and finance operations staff worked directly with the SAP Concur implementation manager to sequence expense categories in a user friendly order, iterate onboarding after initial Association rollouts, and standardize audit rules across client tenants. This model allowed AgriBank to offer the solution as a managed service to its Association clients while retaining control over configuration and support.
The customer reported explicit outcomes following the SAP Concur Invoice implementation, including cutting AP time on expense reports by approximately 50 percent, reducing time from expense submission to payment through mobile approvals, eliminating many manual invoice re entries, decreasing travel approval time with budget visibility on mobile, and improving the user experience by removing paper based submissions.
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Expense Management | ERP Financial Management |
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2019 | 2019 |
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP Concur TripLink | Travel Management | ERP Services and Operations | n/a | 2019 | 2019 |
In 2019, AgriBank implemented SAP Concur TripLink as part of a broader SAP Concur deployment in the Travel Management category, extending travel and expense automation across the bank and the Farm Credit Associations it serves. The implementation of SAP Concur TripLink was positioned alongside existing Concur modules to centralize travel itinerary capture and improve visibility into traveler bookings across AgriBank and its 14 client Associations within the 15-state AgriBank District.
The deployment configuration included Concur Expense with mobile ExpenseIt capture, Concur Invoice with image capture and OCR processing, TripIt for itinerary delivery, and a pilot of Budget to provide near real-time budget access. Expense categories and customized audit and receipt rules were configured to match AgriBank travel patterns, enabling mobile receipt capture, category mapping for airfare, hotel, meals, transportation and memberships, and manager mobile approvals.
Operational integration emphasized end-to-end spend visibility, with Budget explicitly integrating spend data from Expense, Invoice, TripIt and ExpenseIt to present consolidated budget views to managers. Concur Invoice workflows leveraged vendor image capture and OCR to prepopulate invoice fields and route payments to accounts payable staff, while TripLink was used to ingest external booking data into Concur travel workflows and TripIt itineraries to reduce manual itinerary entry. The implementation covered finance and accounts payable functions, travel approvers and department managers, and was extended as a hosted service model where AgriBank manages the Concur relationship for its Associations.
Governance and rollout were centralized, AgriBank acting as single point of contact for configuration and onboarding, and the bank iterated its onboarding process as more Associations were added. Explicit outcomes recorded in the deployment include cutting AP time on expense reports by approximately 50 percent, reducing time from expense submission to payment through mobile approvals, streamlining invoice processing by eliminating many manual data entry tasks, decreasing travel approval time via near real-time budget checks, and improving the user experience by removing paper submissions.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Zoom Video Communications | Legacy | Zoom | Audio Video and Web Conferencing | Collaboration | n/a | 2020 | 2020 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Enterprise Content Management | Content Management |
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2018 | 2018 |
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Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Portfolio and Investment Management | Investment Management |
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2014 | 2014 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Apps Development | PaaS |
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2020 | 2020 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Hosting and Computing Services | IaaS |
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2013 | 2013 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2013 | 2013 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Web Gateways (SWG) | CyberSecurity |
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2013 | 2013 |
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