REDMOND, Wash., April 19, 2006 - Concur Technologies, Inc. (Nasdaq: CNQR), the world's leading provider of on-demand business services that automate Corporate Expense Management (CEM), today announced key Concur Expense Service and Cliqbook Travel contracts awarded in the second quarter of fiscal 2006. AARP, Cornice, Inc., Delicato Vineyards, Energizer Holdings, ESC Loyalty, H.B. Fuller Company, Houston Astros Baseball Club, National City Corporation, Oxiana Limited, PreVisor, RehabCare Group, Uecomm Operations Pty. Ltd. and Vanu, Inc. represent a small sample of the new and existing customers that have chosen Concur Expense Service, Cliqbook Travel, or both, to automate their Corporate Expense Management processes.
"We've found that when processed manually, travel and entertainment expense reporting is incredibly time consuming and is subject to processing delays which may occur due to missing receipts, unauthorized expenses, and late submissions," said Dennis Cooper, Manager of Accounting Services for AARP. "Using Concur's on-demand service, we can significantly reduce processing time and gain greater insight into our overall T&E spend. Concur's reporting tools provide instant access to trends in our organization's travel patterns and visibility into how our policies are followed by our team nationwide."
Thousands of companies around the globe now subscribe to Concur's on-demand expense reporting, travel procurement and meeting management services - with many of these clients benefiting from using Concur services in conjunction with one another. Flexible enough to accommodate the needs of organizations of any size, Concur's services drastically accelerate expense reimbursements, streamline the travel booking and meeting planning processes, manage spend and strengthen internal controls while providing organizations with the valuable T&E expense data they need to control costs. Concur's services are delivered over the Web, so they easily scale 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.
"By subscribing to our CEM services, organizations such as AARP, Energizer Holdings and the Houston Astros Baseball Club are gaining greater control over the corporate expense management process - a common source of pain for most companies," said Rajeev Singh, president and chief operating officer for Concur Technologies. "Since introducing our on-demand model, thousands of Concur customers worldwide have gained greater efficiencies, saving time and money. As we deliver new services like Cliqbook Travel to these clients, we further enhance their return on investment."
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