Concur and La Quinta Inn & Suites To Deliver E-Folio Data Directly To Business Travelers

Detailed Folio Data Automatically Downloaded to Expense Reports

Redmond, Wash., / Irving, TX – March 21, 2011 Concur (Nasdaq: CNQR), a leading provider of integrated travel and expense management solutions, and La Quinta Inns & Suites today announced that Concur clients can now automatically receive detailed folio data and e-receipts from participating La Quinta hotels – downloaded directly into Concur users’ expense reports.

By automatically sending e-Folio data directly to Concur’s expense reporting system, La Quinta enables its customers to:

  • Eliminate paper hotel receipts, making expense reporting easier and helping drive compliance with corporate travel policies.
  • Enjoy fast and accurate access to travel spend for auditing and analysis, including full expense details and line level e-folio data.

Concur e-receipts, exclusively available to Concur clients, are complete electronic versions of the paper folio receipts traditionally delivered to hotel guests upon check-out. Concur’s travel and expense management services automatically captures this data – along with itinerary data entered at the time of booking and corporate card charges incurred by the employee. The resulting Smart Expense™ is a trusted transaction that the employee does not need to edit and the company does not need to audit.

“We know business travelers are looking for ways to make their time more productive,” said Feliz Jarvis, executive vice president of sales for La Quinta. “Our partnership with Concur has given business travelers yet another reason to select La Quinta when on the road.”

"With leading travel suppliers like LaQuinta, we’re able to provide innovative services that make business travelers' lives a bit easier”, said Michael Koetting, senior vice president of supplier relations and advertising for Concur. “By delivering e-receipts directly into the traveler’s expense report, we help our clients develop corporate travel spend insights with precise data inherent in electronic receipting.”

Through Concur® Connect – the global program that connects suppliers from around the world and provides clients exclusive access to services otherwise unavailable though traditional travel programs – La Quinta joins a growing list of travel suppliers that not only feed complete electronic folio data in the form of e-receipts directly into Concur, but also provide Concur clients with broad access to travel inventory.