Partnership To Help NetSuite and Concur Customers Increase Productivity By Combining Expense Management with Backend ERP
San Francisco, May 11, 2011 – Concur (Nasdaq: CNQR), a leading provider of integrated travel and expense management services, today announced that it has joined the NetSuite [(NYSE: N) SuiteCloud Developer Network and is working with NetSuite to use the SuiteCloud development platform to create an integration of Concur with NetSuite. The joint solution will help NetSuite and Concur customers to create end-to-end processes that combine expense reporting and management with NetSuite’s Accounts Payable and General Ledger services.
The announcement was made today at SuiteWorld 2011, NetSuite’s inaugural conference designed for NetSuite customers, solution providers, independent software providers, developers and system integrators. SuiteWorld 2011 is being held in San Francisco.
NetSuite’s SuiteCloud is a comprehensive offering of on-demand products, development tools, and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. The complete SuiteCloud offering includes NetSuite’s multi-tenant, always-on SaaS infrastructure; the NetSuite Business Suite of applications for Accounting/ERP, CRM and Ecommerce; and comprehensive development tools to create cloud-based business applications on top of NetSuite.
“Concur and NetSuite are both pioneers in the development of cloud-based services,” said Michael Hilton, Executive Vice President of Worldwide Marketing for Concur. “More and more companies are turning to the cloud for solutions to help them drive down costs and stay productive. By working together with NetSuite to provide our clients with deeper integration between our cloud-based services, Concur is committed to delivering even greater value to our clients.”
Concur’s on-demand expense management solution captures and reports on key aspects of travel and entertainment (T&E) spend, providing detailed information to help clients effectively negotiate with vendors, create budgets and manage compliance. Concur’s on-demand services process over $50 billion in T&E spend a year for global companies.
“As NetSuite goes upmarket and acquires increasingly larger customers, there is great opportunity in a partnership with Concur, the established leader in on-demand expense management,” says Guido Haarmans, Vice President of Developer Programs and Business Development at NetSuite. “Through this partnership, joint customers will be able to streamline their expense management, starting with expense reports by employees, policy enforcements and approvals in Concur, and then over to NetSuite for seamless integration with accounting.”
Visit www.suiteapp.com for more information on the integrated solution.