Concur Drives End-To-End Travel & Expense Management Discussion At The ACTE Global Education Conference In Munich

LONDON, England, October 22, 2007- Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, is taking the lead in demonstrating the power of a truly global, end-to-end travel and expense management solution at the Association of Corporate Travel Executives Global Education conference in Munich October 21st – 23rd, booth number 107. By combining powerful online travel booking with automated expense reporting, end-to-end solutions like Concur’s help organizations manage the entire travel and expense process through one easy-to-use service.

Executives from Concur, which opened its European headquarters in Prague in early October, are speaking on a panel session on end-to-end travel and expense management, where experts will discuss the processes and benefits for corporations of a true end-to-end solution. Concur is also sponsoring a roundtable discussion on end-to-end solutions and moderating a session on on-demand business intelligence which will investigate the fine tuning of a managed travel programme and what’s next in business travel intelligence. Concur will be demonstrating its complete suite of employee spend management services at the show, including Concur® Travel & Expense, the only truly integrated travel and expense management service that delivers One Touch Business Travel™.

"As the world’s leading provider of employee spend management services, it is only natural that Concur play a leading role on the industry’s most important topics," says Chris Juneau, EMEA Product Marketing Director, Concur. "End-to-end travel and expense management is at the top of corporate shopping lists for a variety of reasons, not least because of the cost and time savings these solutions can bring. With over 6,000 clients around the globe and the only truly global solution, ACTE is the ideal forum for Concur to not only demonstrate its services but to also offer opinion, advice and guidance to attendees looking to upgrade and simplify their travel and expense management processes."

Thousands of companies around the globe – from organisations with less than 100 travellers to six of the world's ten largest companies – trust Concur to help them manage their corporate travel and employee spend. Concur’s 40% per annum growth over the past three years highlights the importance being placed on technologies that can help companies manage corporate travel expenses – an area that for many is the second largest expense after payroll.

Alongside the speaking opportunities, Concur will also be demonstrating:

  • Concur Travel & Expense, the world’s only truly seamless, global, end-to-end travel and expense management service.
  • Concur® Expense, the world’s leading automated expense management service.
  • Concur® Cliqbook Travel, the most comprehensive and easy-to-use online booking solution that delivers access to the broadest selection of travel content.
  • Concur® Meeting, a powerful service that combines corporate meeting planning with group travel booking.
  • Concur® Vendor Payment, an automated service that helps eliminate vendor invoices.

With its continuing focus on providing the industry’s broadest set of content, Concur earlier this year announced the availability of key European rail travel inventory through VIA Rail, SNCF, Rail1, Die Bahn and Evolvi through Concur® Connect.

"Concur is a global company providing global services to thousands of clients around the world," adds Juneau. "Our new office in Prague joins the Concur offices in the UK, Norway, Belgium and Germany, with plans for additional presence in Paris, France and Stockholm Sweden in the near future. ACTE provides the perfect opportunity for Concur to showcase our on-demand employee spend management services and talk directly to customers in an environment dedicated to corporate travel management."

Press Contacts:

UK & Europe
Sneha Nagmoti, Weber Shandwick for Concur, 00 44 (0)207 067 0515 Snagmoti@WeberShandwick.com

North America
Stefanie Johansen, Weber Shandwick for Concur, 425.452.5468, SJohansen@WeberShandwick.com

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