Businesses of all sizes need visibility into employee travel and expenses (T&E), no matter how big or small the spend. For many small businesses, it’s less about the volume of expenses than the process of managing them. In fact, according to a 2016 commissioned study conducted by Forrester Consulting on behalf of Concur, which surveyed small and medium-sized business (SMB) financial decision-makers, managing expenses is the single most challenging responsibility, with 56% of respondents identifying it among their top three challenges. With an ever- increasing number employees making purchases directly on their smartphones and tablets when they travel, companies that aren’t using an automated expense tracking system may be left behind as they continue to grow and spend.
Concur works with thousands of small businesses, and in my role I’ve seen them in an almost constant state of change as they make adjustments in order to best position themselves for growth. While managing expenses is a priority, they often don’t have the resources or tools to effectively and efficiently see employee travel and spending. Concur is joining these small businesses on their journey by offering a new travel and expense (T&E) solution that evolves with them as they grow – giving them the tools, access and visibility they need today with a consumer-like experience they’re accustomed to.
Concur Hipmunk™ is a lightweight T&E solution built on top of Hipmunk technology, Concur Expense and TripLink. It was designed to meet the needs of SMBs today while helping them prepare for the future – when they are ready to graduate to Concur Travel and one of our TMC partners. But for those small businesses not ready for a fully-managed travel program, they can start improving their travel process today with Concur Hipmunk™ – getting all of the benefits of supplier integrations, metasearch, itinerary management via Tripit Pro and expense integration. Concur Hipmunk™ eliminates the disparity created by self-booking tools and allows SMBs to see employee travel plans before they occur, allowing visibility into employee spend and fulfilling duty of care.
Concur Hipmunk™ offers small businesses:
- Cost savings: Access employee discounts on air, hotel, and car rental bookings for business travel from partners such as Carlson Wagonlit’s RoomIt, United Airlines, American Airlines, Avis and more
- Visibility: Monitor bookings as they occur, and even be alerted to bookings above a certain dollar threshold
- Time savings: Self-writing expense reports save time with instant connections between Hipmunk and Concur Expense
- Duty of Care: Ability to see employee travel plans to quickly and accurately locate traveling employees in the event of a crisis
We strive to meet small businesses where they are in their journey today, and provide the support and solutions to grow with them for tomorrow. By embracing a T&E solution like Concur Hipmunk™, SMBs can not only gain better visibility and control of employee spend, but provide their employees with a better experience to manage travel needs and report expenses quickly and efficiently for the future.
Hipmunk and Concur Hipmunk are trademarks of Hipmunk, Inc. and Concur Technologies, Inc.