BOSTON, July 16, 2017 /PRNewswire/ -- Concur, an SAP company and the world's leading provider of travel, expense and invoice management solutions, today announced expanded Concur Travel features to reduce time and costs associated with booking and managing travel, including new TripLink supplier connections, virtual cards, and increased branded fare content. Between 2015 to 2016, Concur reduced the average time it takes users to book air travel by 14 percent, saving businesses an estimated $275 million in labor costs.
"At Concur, our goal is to make travel booking and expense management as easy and seamless as possible," said Tim MacDonald, Chief Product Officer at Concur. "We've found that every second we can take out of the process is worth nearly $1 million. That is money our customers can save and invest back into their business."
Managing business travel has gone beyond basic booking and Concur's connected ecosystem brings key data, tools and apps travelers are using together all in one place. This allows travel managers to see and manage travel, while also delivering a more seamless experience to business travelers.
The Concur Travel updates announced today will help travelers further streamline booking and give travel managers greater visibility and policy control, cutting the time and investment necessary to book and manage travel. These include:
Concur Travel updates were announced this week at GBTA Convention 2017, the business travel industry's largest annual event, and will become available on a rolling basis over the coming months in 2017. GBTA Convention attendees can learn more about these latest innovations at booth # 1337.
For more than two decades, Concur, an SAP company, has taken companies of all sizes and stages beyond automation to a completely connected spend management solution encompassing travel, expense, invoice, compliance and risk. Concur's global expertise and industry-leading innovation keep its customers a step ahead with time-saving tools, leading-edge technology and connected data, in a dynamic ecosystem of diverse partners and applications. User-friendly and business-ready, Concur unlocks powerful insights that help businesses reduce complexity and see spending clearly, so they can manage it proactively. Learn more at concur.com or the Concur blog.
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