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Concur travel management is a cloud-based software solution designed to help businesses streamline their travel booking, expense reporting, and invoicing processes. The platform was developed by Concur Technologies, which was acquired by SAP in 2014. Today, Concur is used by thousands of companies worldwide, ranging from small startups to large multinational corporations.
How Does Concur Travel Management Work?
Concur travel management works by providing a centralized platform for businesses to manage their travel-related activities. The platform consists of several modules, including:
| Module | Description |
|---|---|
| Travel booking | Allows employees to book flights, hotels, and rental cars through a single platform |
| Expense reporting | Enables employees to submit expense reports and receipts electronically |
| Invoicing | Automatically generates invoices for travel-related expenses |
By using Concur travel management, businesses can simplify their travel booking and expense reporting processes, reduce the risk of errors and fraud, and gain greater visibility and control over their travel-related expenses.
Key Features of Concur Travel Management
Concur travel management offers a range of features designed to help businesses manage their travel-related activities more efficiently. Some of the key features include:
- Online booking tools for flights, hotels, and rental cars
- Integration with major travel suppliers such as Expedia, Orbitz, and Travelocity
- Mobile app for on-the-go booking and expense reporting
- Automated expense reporting and approval workflows
- Real-time visibility into travel-related expenses and budgets
- Compliance with local tax and accounting regulations
With these features, Concur travel management can help businesses reduce costs, increase employee productivity, and gain greater control over their travel-related activities.
Benefits of Concur Travel Management
Concur travel management offers a range of benefits for businesses of all sizes. Some of the key benefits include:
- Increased efficiency and productivity through streamlined booking and expense reporting processes
- Reduced risk of errors and fraud through automated workflows and real-time monitoring
- Greater visibility and control over travel-related expenses through real-time reporting and budget tracking
- Improved compliance with tax and accounting regulations through automated invoicing and reporting
- Enhanced employee satisfaction and retention through easy-to-use booking tools and mobile access
Overall, Concur travel management can help businesses save time, reduce costs, and improve their overall travel management processes.
FAQ
What kinds of businesses can benefit from Concur travel management?
Concur travel management is suitable for businesses of all sizes and industries. Whether you’re a small startup or a large multinational corporation, Concur can help you streamline your travel booking and expense reporting processes, reduce costs, and gain greater control over your travel-related activities.
Is Concur travel management easy to use?
Yes, Concur travel management is designed to be easy to use and intuitive. The platform offers a range of user-friendly features, including online booking tools, automated expense reporting, and real-time reporting and budget tracking. Additionally, Concur provides training and support resources to help users get up to speed quickly.
Can Concur travel management save my business money?
Yes, Concur travel management can help businesses save money by reducing travel-related costs and increasing efficiency. By using Concur’s online booking tools and automated expense reporting workflows, businesses can minimize the time and resources spent on travel-related activities. Additionally, Concur provides real-time reporting and budget tracking features that can help businesses identify cost-saving opportunities and make more informed decisions about their travel-related activities.
Is Concur travel management secure?
Yes, Concur travel management is designed with security and compliance in mind. The platform incorporates advanced security features, such as data encryption and secure access controls, to protect sensitive information. Additionally, Concur is compliant with local tax and accounting regulations, ensuring that businesses can maintain compliance while using the platform.
What kind of support does Concur offer?
Concur offers a range of support resources to help users get the most out of the platform. These resources include training materials, user guides, and online support forums. Additionally, Concur provides dedicated support teams to assist users with any issues or questions they may have.
Conclusion
Concur travel management is a powerful tool that can help businesses streamline their travel-related activities, reduce costs, and gain greater visibility and control over their travel-related expenses. With its user-friendly features, real-time reporting capabilities, and advanced security features, Concur is a valuable asset for any business looking to optimize its travel management processes.