REDMOND, Wash., January 18, 2006 - Concur Technologies, Inc. (Nasdaq: CNQR), the world's leading provider of business services that automate Corporate Expense Management, today announced key contracts awarded in the first quarter of fiscal 2006. Allen & Overy LLP, BASF South East Asia Pte. Ltd., Bechtel Corporation, DaimlerChrysler Australia/Pacific Pty. Ltd., EnPro Industries, Inc., Gunderson LLC, Kennecott Land Company, National Research Corporation, Oxfam, Ryan's Restaurant Group, Inc. and Yamaha Music Australia Pty. Ltd., represent a small sample of the new and existing clients who selected Concur to automate their travel and entertainment (T&E) expense reporting process and help drive costs out of their business.
"By subscribing to Concur Expense Service, we're eliminating the cost of manually processing travel reimbursement paperwork for our employees and introducing greater accountability into our expense reporting process without incurring the large upfront costs associated with traditional licensed software," said Rick Sieradzki, VP of Accounting and Corporate Controller for Ryan's Restaurant Group, Inc. "In addition to streamlining our expense process, Concur's on-demand service will provide a new level of visibility into our travel and entertainment budget and help us identify other ways to save money, such as negotiating more favorable rates with vendors and suppliers."
Thousands of companies around the globe now subscribe to Concur Expense Service - Concur's on-demand 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 enterprise software.
"Leading companies like Bechtel Corporation, DaimlerChrysler Australia/Pacific, and Yamaha Music Australia recognize the value that our on-demand services deliver in helping them drive costs out of their businesses," said Rajeev Singh, president and chief operating officer of Concur Technologies, Inc. "By streamlining costly and inefficient areas of business such as travel and entertainment expense reporting, Concur's affordable on-demand services provide customers of any size with the control and visibility they need to improve every aspect of the corporate expense management process.
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