Press release June 2011

Expenture enters into new agreement with Concur

Expenture is entering into a new agreement with Concur Technologies, the leading supplier of travel expense management solutions.  Based on a thorough market analysis it is estimated that upgrading to the newest solution with Concur CE provides Expenture’s clients with a unique combination of Concur software and a complete BPO solution and thus the best terms on the market.

During the first months of 2011, Expenture carried out a thorough market analysis of various travel expense management solutions in order to make sure that our clients had the best solution on the market, as far as functionality and price is concerned.

We have gone over and reviewed more than 15 different global solutions, and based on this we have chosen to enter into a new agreement with Concur Tehcnologies, concerning an upgrade of our current travel expense management solution to Concur CE.

The new platform features a significant number of functionality improvements which make the system even more user-friendly with a modern “personal” platform fully integrated with the user’s mobile phone, and this helps TPE meet more complex expense management needs.

Who is Concur

Concur Technologies is the market leader and the world’s leading supplier of travel expense management solutions to more than 10,000 corporations in 90 countries. 7 out of the 10 largest companies in the world use Concur. Concur Technologies is thus a successful company which is also listed on the American Stock Exchange (AMEX).

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