Concur

Welcome to the last Payables News Weekly of February. This past week was a banner time for the accounts payable world; Basware released its latest offering in the Basware Financing Services portfolio, and now Concur users can automatically send Starbucks receipts into the expense reporting app. And, coming up this week on Payables Place, we’ll [...]

The northeastern United States is on its third week of snow storms big enough to shutter schools for successive days. This week, for example, Massachusetts—where Ardent Partners is located—has enjoyed an additional foot of snow over yesterday and today. But enough about the weather. In this week’s news roundup, we’re visiting the Crimean Peninsula, where [...]

We’re two days away from Christmas, but that doesn’t mean the speed of business slows down. The accounts payable world last week enjoyed several new developments, as you’ll see below. The European Parliament decided to excuse commercial cards from upcoming interchange caps, a former vice-governor of the Chinese central bank said she thinks Bitcoin and [...]

The worldwide economic situation became more interesting last week. The United States enjoyed a barn-burner of a jobs report on Friday morning—312,000 jobs were created in November, while the unemployment rate held steady at 5.8%. Meanwhile, the Bank of International Settlements expressed some concern about the strength of the U.S. dollar and how that could [...]

Today is Veterans Day in the U.S., Remembrance Day in the U.K and Canada, and Armistice Day in France and other nations—the day when we honor the signing of the Treaty of Versailles as well as all the veterans who died in combat. Did you know, however, that today only marks the ending of hostilities [...]

Candy has been handed out to costumed children, the jack-o-lanterns have been thrown away, and Halloween is over for another year. The next holiday, here in the U.S. at least, is Thanksgiving … which doesn’t seem to get much attention in popular culture. Then again, the core of Thanksgiving is a turkey dinner, so there [...]

Thursday afternoon, global software provider SAP AG (NYSE – SAP) announced its intent to purchase Seattle-based travel, expense and invoice management solution provider Concur (Nasdaq – CNQR) for approximately $8.3 billion (based upon the announced acquisition price of $129 per share). The agreement signals another major shockwave in the global enterprise solutions industry that follows on the heels of SAP’s 2012 [...]

There’s no question that the realm of complex spend management has evolved in recent years, with categories such as business travel (and expense management) and corporate meetings and events not only drawing more financial attention due to increasing budget, but also the “reach” of these categories across the contemporary enterprise. The world of business travel [...]

Financially knowledgeable SMBs understand the value of optimizing their cash and having a level of predictability around their cash inflow and outflow – this is where automating AP proves to be valuable for the SMB. Too often, SMBs operate using manual processes resulting in high operational costs, errors and delays and a general lack of [...]

In part 1 of this article, I covered the annual Concur Fusion event and some of the announcements made around the new Concur App Center, Open Booking and The Perfect Trip Fund. Today’s piece will continue to highlight some of new capabilities that Concur is looking to deliver to its customers including updates around Concur’s [...]