REDMOND, Wash., January 30, 2007 - Concur Technologies, Inc. (Nasdaq: CNQR), the world's leading provider of on-demand business services that automate Corporate Expense Management (CEM), today announced that company chairman and CEO, Steve Singh, and executive vice president, product & services strategy, Tom DePasquale, have been named among the 25 most influential executives in the business travel industry by Business Travel News, a leading trade publication for corporate travel buyers.
Both Singh and DePasquale were acknowledged for being the first to provide the travel industry with an on-demand solution that integrates corporate travel procurement and expense reporting into a single, end-to-end process. Concur's end-to-end travel and expense management service streamlines the travel booking and meeting planning processes, drastically accelerates expense reimbursements and helps manage spend before it occurs, increasing compliance and strengthening internal controls while providing organizations with the valuable T&E expense data they need to control costs.
"Business Travel News is one of the most respected voices within our industry," Singh said. "It's a great honor for the publication to recognize both Tom and I among their 2006 list of the most influential executives, and reflects the tremendous impact that Concur's end-to-end approach to travel and expense management - what we call Travel 2.0 - is having on the entire industry."
DePasquale added "Through the remarkable work of every Concur employee over the past year, our shared vision for delivering all of the benefits and innovation of Travel 2.0 - from a greater selection of content to an enhanced user experience to richer and more useful travel and expense data - is now becoming a reality."
Each year, Business Travel News editors recognize the 25 decision makers they view as having the greatest influence over the business travel industry in the previous year. Singh was named to the list last year and is one of only three listed executives to have been named to the list four times. This year marks the second time that DePasquale has been named to the list.
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