REDMOND, Wash., July 21, 2004 - Concur Technologies, Inc. (NASDAQ: CNQR), the leading provider of Corporate Expense Management solutions, today announced several key contracts awarded in the third quarter of 2004. Anadarko Petroleum, Booz Allen Hamilton, Campus Crusade for Christ, Claas Omaha LLC, FBL Financial Group Inc., Polycom Inc., Regis Corporation, RMC Industries Corporation, Tennant Company, Universal Orlando, and USI Holdings Corporation represent a small sample of the new and existing clients who selected Concur solutions to automate their travel and entertainment (T&E) expense reporting or vendor payment request processes.
"Regis Corporation is focused on adding structure and asserting control over the processes that drive our business performance," said Joel Wiens, Vice President of Information Technology at Regis Corporation. "We selected Concur Expense Service after conducting a detailed cost-benefit analysis that led us to the conclusion that Concur's host based service was the most cost effective approach for Regis and eliminated the hassle of managing future upgrades. Concur Expense Service provides us with a full-featured expense management solution that will inject the necessary controls into our business process and ensure that we recognize ROI in the immediate future."
Concur Technologies offers flexible expense management solutions to meet the unique needs of organizations of all sizes. Customers can take advantage of rich, full-featured solutions that significantly improve reimbursement times, improve internal controls, and provide a wide range of analytics to better control spending. More than 1,000 companies have chosen to subscribe to Concur Expense Service, which can be deployed rapidly to every employee in an organization and can substantially reduce the total cost of ownership typically associated with major software installations.
"Concur's service model continues to attract companies of all sizes and across market segments who want to streamline and automate their expense reporting process," said Steve Singh, chairman and chief executive officer of Concur Technologies, Inc. "Every day new companies are signing on with Concur to take the expense out of the expense management process and by doing so are also bringing a critical category of spend under greater control."
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