The Perfect Trip Fund
Steve: The perfect business trip is the one that gets the job done. It puts your people face to face with customers and brings them back home safely and comfortably. It does so always with your budget in mind. We believe that we can turn the business trip into something that doesn't seem like so much work. Technology should make the perfect trip possible. In fact, it should make it easier. You shouldn't have to ask for a taxi. One should show up. You shouldn't have to call to change connecting flights. The app should know that the flight's been delayed, and either re-book the flight for you of at least present you with new travel options, so you can decide. In fact, you shouldn't have to do an expense report. It should automatically complete itself by the time you get home.
Twenty years ago, Concur started as a very simple idea. To make the expense reporting process a whole lot easier. While we believe that we have the potential to have a massive impact, we also needed investments to help us get our ideas off the ground. While Mike and I were the original investors, as our idea grew, a group of wonderful new investors joined, to bring the Concur vision to life. Industries grow, and in fact are born when people are willing to try something that's never been done before. We wouldn't be where we are today without those investors. That's why we created the Perfect Trip Fund. To drive innovation across our industry so that Concur and those that share our vision can help bring about the perfect trip.
Forest: Technology has done a lot to improve travel experience, but there's still a lot that we can do, and I think that Concur's Perfect Trip Fund is strategically investing in companies like Boutique, with the vision that there's a lot that technology can bring to the table to improve and make for a perfect trip.
James: The Perfect Trip Fund has a fantastic impact on the travel ecosystem. It enable entrepreneurs to bring valuable innovation to the travel industry and any time you have a forum for investment like this, consumers, enterprise and the marketplace in general are better off.
Steve: All these partners are improving the business travel experience. The innovations that they're driving are real and compelling. They're delivering incredible value today and we see a part to making the perfect trip a reality.