The power of Smart Expense revolutionises how companies manage their employee spend
London, February 5, 2008 - Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, today announces the availability of Concur® Travel & Expense in EMEA. This next-generation travel and expense management service combines the best of travel booking and expense reporting into one seamless, automated on-demand service, making business travel easier and more efficient by removing the pain and time involved with creating an expense report. With Concur Travel & Expense, now the click that books the trip also creates the expense claim.
An EMEA Concur exclusive, Concur Travel & Expense will be demonstrated at the 2008 Business Travel Show in London from 5-7 February. It will deliver One Touch Business Travel™ by automating the entire process – from the booking of the trip to the completion of the expense report, through to audit and reimbursement. All of this is delivered in one seamless on-demand service, reducing the number of steps, clicks and paper involved with booking travel and creating expense reports. With its easy-to-navigate interface and simplified end-to-end process, employees will save time and expedite reimbursement.
“We’ve taken One Touch Business Travel from a visionary concept to market reality in just one year. Today we are delivering on the promise we made to our clients across the globe, launching Concur Travel & Expense with powerful industry-first innovations that usher in a new way of managing employee spend,” said Rajeev Singh, president and COO for Concur. “By leading the market through relentless innovation, we remain deeply committed to help companies worldwide drive costs out of their businesses while delivering a compelling and personalised user experience.”
Powering One Touch Business Travel is an exclusive innovation that Concur recently unveiled called Smart Expense™, which gathers and matches all components of a business trip and automatically creates the expense report with little or no human intervention. With Smart Expense, everything from travel itinerary details to corporate credit card data to e-receipt data from participating travel suppliers is automatically captured, reconciled and added into the user’s expense report, ensuring that expenses are within policy while virtually eliminating the need for any additional data entry.
Concur Travel & Expense delivers advanced travel booking capabilities, giving corporate travel managers access to the broadest travel content available while delivering a user experience that ensures adoption, encourages corporate credit card usage, drives travel policy compliance and supports corporate green initiatives by eliminating paper from the process. For the controller or CFO, the new service provides complete visibility into travel and entertainment spend with dynamic data analysis and virtual elimination of the need for auditing through the power of Smart Expense.
Concur Travel & Expense is now available to Concur customers. For more information, please visit www.concur.com.