Concur Founders Kick Off Fusion 2012 by Presenting Vision for T&E Cloud

REDMOND, Wash., May 9, 2012 /PRNewswire/ -- Concur (Nasdaq: CNQR), the leading provider of integrated travel and expense management services, today kicks off Fusion – the company's premier client event of the year – with a keynote by company founders outlining their vision for a future in which Concur's T&E Cloud delivers unparalleled value to every member of the corporate travel eco-system.

With more than 1,600 in attendance for four days of learning and networking, Concur CEO Steve Singh, president and COO Rajeev Singh and executive vice president of worldwide marketing Michael Hilton kick off the event at 8:30 am ET with a 90-minute live keynote presentation. Focused on the incredible value and power inherent in the T&E Cloud, Concur's three founders will present their vision of a traveler-centric future. By leveraging the key trends driving the evolution of the travel supply chain – including mobile adoption, social interactions, personalized content, the consumerization of IT, and cloud computing – the presentation will demonstrate how Concur is continuing to shape the world of business travel and expense management by making the Perfect Business Trip a reality.

The Perfect Business Trip
The needs of today's road warrior requires solutions that are traveler-centric. Through the unique power of Concur's T&E Cloud, all aspects of the travel eco-system are connected on the traveler's behalf, through technology that anticipates the traveler's every need and delivers value throughout the entire business trip. Taxis arrive when you need them, rooms are upgraded automatically, the mobile device becomes the passport to quick and easy payment and room access and expense reports are virtually eliminated. The perfect trip is now made possible based on each traveler's individual preferences and travel history stored in Concur's T&E Cloud to create and present travel options tailored to each individual.

An Open Booking Travel Model
Leakage is an ever-increasing challenge for today's managed travel programs. Even the best run programs see a meaningful percentage of their hotel bookings happen outside of the managed process. The results include inadequate attention to duty of care responsibilities and an inability to optimize supplier agreements. Companies also increasingly want to offer their travelers greater freedom and flexibility. With continued investment that leverages the power of the T&E Cloud, Concur is making it possible for companies to solve these challenges while still maintaining the visibility and control that they need over their travel spend. Companies can augment their existing travel program with open travel options, and still bring all travel transaction data back into Concur through TripIt integration. The result is fully integrated travel and expense for every trip – regardless of where it is booked.

The Concur Connect Platform
The value delivered to the entire travel eco-system by Concur's T&E Cloud is made possible by Concur Connect, the platform that enables customers, travel suppliers, and solution providers to access, build upon, and extend applications, content and T&E data aggregated through Concur. It's the combined power of those solutions that make the Open Booking travel model and the Perfect Business Trip a reality for companies of all sizes.

The Concur keynotes will be broadcast live at www.concur.com/fusion. Sold out for the second consecutive year, Fusion will run from May 8-11, 2012 at the Hilton Orlando Bonnet Creek in Orlando, Florida.

About Concur
Concur is a leading provider of integrated travel and expense management solutions. Concur's easy-to-use Web-based and mobile solutions help companies and their employees control costs and save time. Concur Connect is the platform that enables the entire travel and expense ecosystem of customers, suppliers, and developers to 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 at www.concur.com.

SOURCE Concur