|Post IPO Valuation|
|Phone||425 702 8808|
|Description||corporate travel and expense management|
|Venture Round, 2/2011 ||$43.8M|
Concur Technologies, Inc. (Concur) is a global provider of on-demand Employee Spend Management solutions. The Company’s software solutions enable organizations to control costs by automating the processes used to manage employee spending. Its solutions unite online travel procurement with automated expense reporting and optimize the process of collecting, submitting, tracking and paying supplier invoices and check requests. Its provides its customers with visibility into their employee spending, which helps to analyze trends, influence budget decisions, and monitor and enforce compliance with corporate policies and external regulations, including the Sarbanes-Oxley Act. It sells its solutions and services on a subscription basis and delivers them on-demand. As of September 30, 2010, it had over 10,000 customers in over 100 countries. In July 2011, it acquired GlobalExpense.
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