Concur Announces Plans To Integrate TripIt With Concur’s Travel and Expense Management Services

Sydney, February 22, 2011 – Concur (Nasdaq: CNQR), a leading provider of integrated travel and expense management solutions, has announced its plans to connect TripIt with Concur’s existing products and services. Concur’s strategy, outlined during the opening keynote presentation at its annual client conference, includes making TripIt’s leading mobile trip management solution the go-forward mobile travel and expense management experience for all of Concur’s clients and business travellers. The company’s plans include combining all the capabilities of Concur’s existing mobile offering into TripIt, delivering one single mobile solution for travel and expense management, with availability expected by the end of 2011.

The company will continue to offer TripIt’s market-leading trip management and sharing capabilities free to all travellers. TripIt users who are also Concur users will see additional expense management and travel booking capabilities, including expense entry, submission, and approvals; credit card data management; receipt management; and car/hotel/rail bookings.

“The mobile device is becoming the platform of choice for business travellers,” said Rajeev Singh, president and COO of Concur. “Concur’s record of mobile travel and expense innovation is unmatched in the industry. Our mobile solution already enables travelers to manage many aspects of their business travel, like capturing receipts with their phone’s camera; submitting, reviewing and approving expenses while on the go; booking hotels, cars and rail – all from their mobile device while they’re on the road. Now, we’re integrating all of TripIt’s available features – including itinerary management and trip sharing, flight tracking and refund alerts, frequent flyer points tracking and other exclusive privileges – giving clients access to the best of both solutions through one mobile app. With Tripit and Concur working seamlessly together, we’re making life easier for travelers while providing their companies with an even greater level of visibility and cost control.”

The company’s plans also include the automatic integration of trips between Concur’s solutions and TripIt. This integration will make all itinerary data – whether booked within Concur or through another source – automatically available for import into the expense report. In addition to providing clients with complete visibility into all travel no matter where it’s booked, this integration makes the power of Smart Expenses™ – Concur’s unique capability to match travel booking information with credit card charges and electronic receipts to create a secure system of checks and balances for a company’s spending – a reality for any company, no matter how their employees book business travel.