On April 11, 2013 Concur Technologies, Inc. (CNQR) appear its new all-around affiliation with Egencia, the business biking ysis of Expedia Inc. (EXPE). The cardinal affiliation is aimed to bear an chip biking and amount administration service, authoritative the action faster, easier and added authentic for alternate customers. Concur’s absolute belvedere of chip biking and amount administration solutions will be leveraged for this purpose.
Expedia is one of the world’s arch biking casework companies. The aggregation provides broad biking casework to offline retail biking agents and additionally operates as an online biking aggregation accouterment biking articles and casework to leisure and accumulated travelers.
Concur is the world’s arch provider of on-demand accumulated amount administration services. Concur’s end-to-end accumulated biking and amount administration account seamlessly affiliate online biking booking with automatic amount reporting. This cardinal accommodation of co-generic affiliation is accepted to account both the companies.
Concur’s Open Booking and amount administration account will be accumulated with Egencia’s accumulated biking booking and cruise administration services. Trips appointed and managed by Egencia will automatically be added to Concur’s expense. Itinerary details, e-receipts and acclaim agenda accuse will all be akin to aftermath complete amount reports.
Currently, the account has been fabricated accessible in the United States and Canada. The account will be fabricated accessible to barter in the blow of the apple after this year. Both the companies are optimistic about this partnership. They feel that the addition of a accumulated account will accomplish expensing business biking easier and faster for applicant companies who plan business travels, book and administer trips through Egencia and administer costs with Concur.
Concur currently holds a Zacks Rank #3 (Hold). Other notable players in the industry accommodate Blackbaud Inc (BLKB) and Netsol Tech Inc (NTWK), anniversary accepting a Zacks Rank #1 (Strong Buy).
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