Jun 28, 2011

Concur Now Gives Any Small Business the Power of Integrated Travel and Expense Management

Concur Breeze and TripIt Pro turn itineraries into the expense reports; and much more

Redmond, WA, June 28, 2011 -- Concur (Nasdaq: CNQR), a leading provider of integrated travel and expense management services, today announced that it has bundled Concur Breeze and TripIt Pro to create the first truly integrated travel and expense management solution geared specifically for small businesses.

Concur’s new offering automatically creates expense reports from the travelers’ itineraries by seamlessly linking TripIt Pro’s comprehensive itinerary capabilities with the easy-to-use expense reporting of Concur Breeze. In doing so, this solution now makes many of the benefits of a managed travel program available to any small business, even those that would like to continue to enjoy the flexibility of an ‘unmanaged’ approach to travel procurement. And with the combined capabilities of both TripIt Pro and Concur Breeze, users can organize travel plans, get instant flight alerts with alternative flight options, and enjoy a long list of exclusive features not available through any other expense management solution – online or on their favorite mobile device.

“For small businesses, the integration of Concur Breeze with TripIt Pro opens up an entirely new approach to managing T&E expenses,” said Elena Donio, executive vice president & general manager, SMB for Concur. “Now, with one easy-to-use and affordable solution, users can automatically turn their various reservations from any travel vendor first into a single organized itinerary, then into an expense report. Small businesses finally have a quick and easy way to capture all of their travel bookings and T&E spend through one seamless process – online or on their mobile device.”

This powerful combination automatically imports data from TripIt – which captures and organizes travel itinerary information from thousands of travel suppliers – directly into Concur Breeze. The solution then matches that data with charges that are auto-imported from the travelers’ credit cards to automatically create the travelers’ expense reports. In addition to helping relieve the pain for employees reporting their travel expenses, this solution enables small businesses with lightly managed or unmanaged travel programs – for the first time – to now link their travel and expense management processes with zero disruption to their current approach to travel procurement.

Business travelers that work in small companies typically buy travel like consumers; they search multiple websites, identify the best options, and book their trips at whatever site makes most sense. Now, Concur Breeze clients can let their travelers retain that freedom, while giving them a host of new benefits to help make their business travel easier. In addition to providing all the advantages of automated expense reporting, travelers can organize their travel plans, view instant flight alerts with alternative flight options, see airfare refund opportunities and travel reward point balances, share itineraries with colleagues and clients, and experience the benefits of a one year membership to Hertz #1 Gold and Regus Gold – exclusive features not available through any other expense management solution.

About Concur

Concur® is a leading provider of integrated travel and expense management solutions for companies of all sizes. Concur’s easy-to-use web-based and mobile solutions help companies and their employees control costs and save time. Learn more at www.concur.com.

About TripIt

TripIt®, the leading mobile travel organizer from Concur® (Nasdaq: CNQR), makes it easy for millions of travelers to organize and share their trips – no matter where they book.  Simply forward air, car, hotel and entertainment confirmation emails from more than 3,000 vendors to plans@tripit.com and TripIt automagically creates one simple, smart itinerary to access on a smartphone, calendar, or anywhere online.  For even greater peace of mind while traveling, TripIt Pro acts like a personal travel assistant that keeps travelers in the know regarding flight status, alternate flights, and more; tracks all frequent traveler points in one place; and monitors eligible flights for fare refunds. TripIt for Business is an easier way for companies to organize office travel; keep track of who’s traveling when and where, and whether travel dollars are being spent wisely. For more information, please visit www.tripit.com and follow @TripIt at http://twitter.com/tripit.

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