LOS ANGELES, July 29, 2014 /PRNewswire/ -- Concur (NASDAQ: CNQR), the world's leading provider of spend management solutions and services, announced Airbnb and Uber as the latest partners to join its growing platform to improve business travel and streamline expenses. With this partnership, the benefits of collaborative consumption are now available to the business world: Business travelers are given easier ways to book their trips, and complete their expenses, while finance and travel managers maintain greater accuracy, visibility and manageability.
"This new generation of platform partners reflects the transformation taking place for today's business customer," said Tim MacDonald, executive vice president at Concur. "By partnering with these innovative companies, we are building a connected platform that radically improves the experience for the business traveler. With Airbnb and Uber, we are enabling, in business travel, what consumers already enjoy about collaborative consumption in their leisure. Capturing this spend then gives companies greater real-time transparency into traveler expenditure and itineraries."
The partnerships with Airbnb and Uber signal increasing momentum for the expanding list of partners joining the Concur platform like United, Marriott, IHG and Avis to bring seamless connections to their customers for direct bookings and spend management. Specifics around momentum include:
- More and more business travelers are booking Airbnb properties: 27x the number of transactions for Airbnb captured in Concur expense reports this year over last year. In order to accommodate the increasing number of business travelers seeking cost-effective non-traditional accommodations, later this year, Airbnb will release an integration through Concur TripLink, enabling employers to gain full visibility into each booking to ensure Duty of Care requirements are met.
- Business travelers are increasingly adopting Uber for ground transportation: 5x year-over-year growth in Uber ridership captured in Concur expense reports. Uber's integration with the Concur platform will provide a connected and effortless experience for all Concur business travelers that use Uber. These travelers will be able to request, ride, pay, and automatically expense – all from their mobile phone. The integration between Uber and the Concur platform will enhance and expand customer visibility into ground transportation spend.
- In addition, American Express is partnering with Concur and Uber to enable American Express Corporate Card Clients in the US to automatically enroll their employees to capture Uber receipts within Concur and have immediate visibility into the spend. This three-way integration between the Concur platform, Uber and American Express will be available this fall.
Concur is the leading provider of spend management solutions and services in the world, helping companies of all sizes transform the way they manage spend so they can focus on what matters most. Through Concur's open platform, the entire travel and expense ecosystem of customers, suppliers, and developers can access and extend Concur's T&E cloud. Concur's systems adapt to individual employee preferences and scale to meet the needs of companies from small to large. Learn more about how to reach 25 million business travelers with the Concur Platform and pitch your solution for $100,000 in funding at The Perfect Trip DevCon 2014, www.concur.com or the Concur blog.
CONTACT: Ali Kramer, 1-415-401-1152, firstname.lastname@example.org