Users who book and manage trips through Egencia, the Expedia-owned business travel management company, will now have the option of using Concur Expense right from the Egencia website, and vice versa for customers using the Concur platform.
“The Egencia and Concur partnership is advancing the worldwide travel and expense experience for millions of people by integrating the best technology from our respective organizations,” Mark Hollyhead, senior vice president of Egencia Americas, said in a press release. “Travelers and travel arrangers save time, while travel managers and business decision makers gain clear insights into traveler spend and policy compliance with accurate data.”
Concur warned Wall Street earlier Monday morning that it’s revenue growth for its fiscal second quarter won’t meet expectations, but the reason for that slump in growth is that Concur is booking new business at a rapid clip, so fast that it can’t implement its product fast enough for customers.
A leading software-as-a-service business, Concur has been making a number of acquisitions and investments recently, in part through its new venture capital fund.
Previously on GeekWire: Concur CEO Steve Singh punctures lung in bike accident, misses big client event