Spend Matters 50/50: Concur – A Provider to Know in 2015

100 companies - 100 days

We announced here and here our two (not ranked) lists: Spend Matters 50 To Know and 50 To Watch firms for 2015/2016. In the first case, this is our view of the 50 solution provider type organisations in the procurement industry that every senior procurement leader should be aware of and understand. The 50 To Watch are the up-and-coming firms  - those with interesting and relatively new solutions for our market. The 50 To Know are the key organisations in our industry that procurement executives need to have on their radar.

Having announced the lists, our US colleagues are now featuring each of the 100 firms in turn with an article giving an overview of each, with some headline Spend Matters thoughts on them. So on this site we will be giving you a brief extract of the US article, plus adding our own comments where we have anything useful to add from a European perspective. Sometimes we do, sometimes we don’t!

Here is what our US colleagues had to say about Concur:

"Most Concur users associate the firm with expense reporting, but the SAP business unit has more arrows in its quiver. Invoicing and integrated business travel are 2 others – and when we say integrated, you better believe it. The way Concur enables delivery of the perfect trip concept relies not only on its own solutions, such as TripIt, but in large part on the value-add from solution partners that offer complementary apps that draw on Concur’s core data set.

In fact, Concur in many ways sets the bar for how cloud solutions can seamlessly integrate a large set of solutions (the Concur apps) into its core solution offering, allowing independently developed apps to leverage the Concur data set in a variety of areas. Business needs addressed range from travel and expenses, to accounting and finance, sales automation, compliance, value-added tax (VAT) recovery, general travel, IT administration and more ... The Concur platform approach goes far beyond what most other solution providers’ marketing teams are trying to pawn off as a platform ..."

You can read the whole review here on our US site. We have not had a lot of specific experience of Concur in Europe, and we suspect the firm had a smaller market share here that it did in the USA. But particularly now as part of SAP, we suspect that will change, and clearly the product is highly applicable to organisations in Europe.

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