REDMOND, Wash., December 21, 2005 - Concur Technologies (NASDAQ: CNQR), the world's leading provider of business services that automate Corporate Expense Management, today announced that Cognos ReportNet™ is now available to Concur Expense Service customers as an on-demand service. The integration of Cognos ReportNet provides Concur customers with direct access to the world's first on-demand report authoring service designed specifically to help companies manage and reduce corporate expenses.
"The key to truly managing, controlling and driving down the cost of corporate expenses is the ability to generate and share meaningful business intelligence with accounting, finance, travel management and executive leadership," said Rajeev Singh, president and COO of Concur Technologies. "With Cognos ReportNet, detailed reporting that once took days to produce can now be performed in a fraction of the time, giving our customers immediate visibility into every aspect of their expense data. Because it's a Web-based service, our customers avoid the expense and hassle of configuring, hosting and maintaining the solution themselves. And because it's so easy to use, the resulting business intelligence can be acted upon quickly to drive costs down throughout the entire organization."
Cognos ReportNet provides sophisticated ad-hoc data query and reporting capabilities to organizations that require advanced and flexible reporting functionality along with the ability to easily distribute reports throughout the organization. Using Cognos ReportNet's simple drag-and-drop authoring tools, non-technical finance and accounting managers or executives with little or no report authoring expertise can create complex reports on virtually any aspect of their corporate expense data using only a standard web browser. Reports can be saved to dashboards and automatically delivered to key decision makers, giving them timely and compelling access to critical business intelligence.
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