60 new companies choose Concur Expense ASP model

By siliconindia   |   Thursday, 31 October 2002, 08:00 Hrs
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REDMOND: Concur Technologies, Inc. (Nasdaq: CNQR) Thursday announced that in the last three months more than 60 new companies have selected the Application Service Provider (ASP) model of Concur Expense software to manage their travel and entertainment (T&E) expense processes.

These new customers include HomeBanc Mortgage Corporation, Jamcracker, Inc., PGP International, Somera Communications, and Universal Solutions Inc. Concur Expense, the world's leading Web-based T&E expense management solution, will provide these companies with access to a wide-range of T&E analytics for spend management while improving policy compliance, reimbursement speed, and expense report accuracy, the company claimed.

Concur Expense has been chosen by companies across a broad range of industries including automotive, communications, education, financial, government, healthcare, manufacturing, pharmaceuticals, and technology. Concur Expense enables companies to reduce operating costs, increase productivity, and maximize their ROI through an ASP deployment model that has resulted in proven customer with organizations of all sizes. In addition to its leading ASP solution, Concur offers a fully configurable licensed model designed specifically to meet the exacting needs of large enterprise organizations.

"We needed an expense management solution that would deploy quickly and provide a quick return on investment," said Robert Purser, vice president, corporate controller for HomeBanc Mortgage Corporation.

"Concur's solution came highly recommended, and after going through an evaluation and proposal process, we chose Concur Expense. The implementation of Concur Expense will create efficiencies that will directly impact our bottom-line. With the availability of comprehensive expense data to analyze our T&E spending, we will realize additional savings. We chose the best solution to drive down the cost of managing expenses and maximizing our ROI."

"Companies of all sizes from all industries are looking for ways to improve their bottom-line. Concur Expense helps companies maximize their return on investment by providing data analysis with superior business intelligence and process improvements that result in real cost savings," said Steve Singh chairman, president, and chief executive officer for Concur. "The ASP model is the ideal solution for companies looking for standardized best-practice processes, low up-front costs, and rapid deployment. Our customer base of over 1,000 companies validates the growing need for Corporate Expense Management solutions that accommodate a wide range of business requirements, technical requirements, and budget levels."

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