REDMOND, Wash., July 20, 2005 - Concur Technologies, Inc. (Nasdaq: CNQR), the world's leading provider of business services that automate Corporate Expense Management, today announced several key contracts awarded in the third quarter of fiscal 2005. Bridgestone Europe, CAE Inc., National Wine & Spirits, Inc., Puma International, QVC UK, Standard Insurance Company and Travizon, Inc. join the many other companies who have already chosen Concur to help them automate their travel and entertainment (T&E) expense reporting process.
"QVC UK recognizes the benefits of an automated expense reporting process and the value that Concur's Web-based service delivery model provides," said Martin Spencer, Finance Manager at QVC UK. "By subscribing to Concur Expense Service, we're able to quickly and easily reduce the pain of submitting and processing expense reports, while boosting productivity among our employees and throughout our department."
Hundreds of companies around the globe now subscribe to Concur Expense Service - Concur's Web-based expense reporting service. Flexible enough to accommodate the needs of organizations of any size, Concur Expense Service drastically accelerates expense reimbursements, strengthening internal controls while providing organizations with the valuable T&E expense data they need to manage costs. Because it's delivered as a service over the Web, Concur Expense Service easily scales to meet the needs of any organization - from the largest global enterprise to smaller budget conscious companies - without the time-consuming maintenance and costs typically associated with traditional licensed software.
"Worldwide demand for Concur's expense reporting services continues to escalate," said Steve Singh, chairman and chief executive officer of Concur Technologies, Inc. "Leading companies in North America and around the globe - including Bridgestone Europe, Puma International and QVC UK - are realizing significant value by automating their corporate expense management with Concur Expense Service. Companies like these are driving an era of strong adoption, choosing Concur to help them improve operational efficiencies while gaining greater control over their corporate travel expenses."
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