Concur Technologies
(NASDAQ: CNQR)
80.37
+0.71
+0.89%
+0.71
+0.89%
MORE ON CNQR
COMPANY INFORMATION
| Exchange: | NASDAQ national market |
| Stock: | Concur Technologies, Inc. |
| Industry: | Software - Application |
| Employees: | 1,600 |
DESCRIPTION
| Concur Technologies, Inc. was incorporated in the state of Washington in 1993. The Company is the provider of on-demand Employee Spend Management solutions. Its integrated travel and expense software solutions enable organizations to control costs by automating the processes used to manage employee spending. Its solutions unite online travel procurement with automated expense reporting, streamline corporate event management, and optimize the process of managing vendor payments, employee check requests and direct reimbursements. The Company’s core mission is to continuously innovate to reduce the costs of employee spend management for its customers. It owns trademarks and registered trademarks for its various products and services and attempt to ensure it protect all necessary intellectual property rights. Concur, the Concur logo, Concur Expense, Concur Travel & Expense, Cliqbook, Concur Cliqbook Travel, Concur Invoice, Concur Audit, Concur Pay, Concur Intelligence, Concur Mobile, Concur Breeze, Concur Advantage, Concur Connect, Concur ExpenseLink, Concur Travel Manager, Smart Expense, One Touch Business Travel, and Ulysse Travel & Expense are trademarks or registered trademarks of Concur or its affiliates.It operates in one segment, Employee Spend Management solutions. The Company sells its solutions and services mainly on a subscription basis and delivers them on-demand. The on-demand, or software-as-a-service (‘SaaS’), model uses the Internet to deliver software applications from a centrally hosted computing facility to end users through a web browser. Its on-demand software solutions are designed to automate and streamline employee spend management processes, from travel purchasing through expense report generation, employee reimbursement and vendor payment. Concur Travel & Expense fully integrates online travel booking with automated expense reporting to provide unified end-to-end corporate travel procurement and expense reporting. Concur Expense automates, simplifies, reduces the cost of, and improves internal controls associated with, the travel and entertainment expense management process. Concur Cliqbook Travel is its online travel management solution that automates corporate travel procurement and processing. Concur Invoice is designed to automate, simplify and reduce the costs associated with the process of entering, approving and managing the payment of vendor invoices. The Company provides value-added services that leverage its integrated travel procurement and expense reporting platform to benefit its customers. Its main value-added services are: Concur® Pay, Concur® Audit, Concur® Intelligence, Powered by Cognos , Smart Expense™, Concur® Connect, Concur® Advantage, Concur® Mobile .It offers consulting services in connection with deployment of its solutions to assist customers in maximizing its return on investment. It also offers flexible training programs designed to assist customers transitioning its products and services. The Company’s objective is to be the provider of Employee Spend Management solutions. Its integrated corporate travel and expense software solutions enable organizations to control costs globally by automating the processes they use to manage employee spending. It markets and sells its solutions worldwide through direct sales organization and through indirect distribution channels such as strategic reseller and referral partners. Direct sales organization has field sales professionals located in metropolitan areas throughout the United States, Canada, Europe, Australia and Asia. |
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