REDMOND, Wash., July 19, 2006 - Concur Technologies, Inc. (Nasdaq: CNQR), the world's leading provider of on-demand business services that automate Corporate Expense Management (CEM), today announced key Concur® Expense Service and Cliqbook® Travel contracts awarded in the third quarter of fiscal 2006. Combest, Inc., Dole Food Company, Inc., DRS Technologies, Inc., Emergin, Inc., Freightliner LLC, Mitsubishi UFJ Securities International plc, Oshkosh Truck Corporation, Royal Caribbean Cruises Ltd., Safety-Kleen Systems, Inc., Stein Mart, Webasto Product NA and Willis North America, Inc. represent a small sample of the new and existing customers that have chosen Concur Expense Service, Cliqbook Travel, or both, to automate their Corporate Expense Management processes.
"Our switch from a manual, paper-based expense reporting process to Concur's automated system helps us gain greater insight into our business travel and entertainment expenses and significantly reduces the costs associated with processing them," said Hunt Hawkins, senior vice president of human resources for Stein Mart, Inc. "By subscribing to Concur's on-demand service, we're able to drive costs out of the entire expense reporting process while providing our mobile workforce with a quicker and more convenient way to submit their expense reports from nearly any location and at any time."
Thousands of companies around the globe now subscribe to Concur's on-demand expense reporting, travel procurement and meeting management services - with many of these clients benefiting from using Concur services in conjunction with one another. Flexible enough to accommodate the needs of organizations of any size, Concur's services drastically accelerate expense reimbursements, streamline the travel booking and meeting planning processes, manage spend and strengthen internal controls while providing organizations with the valuable T&E expense data they need to control costs. Concur's services are delivered over the Web, so they easily scale to meet the needs of any organization - from the largest global enterprise to smaller budget conscious companies - without the time-consuming maintenance and costs typically associated with traditional enterprise software.
"Each day we provide leading companies such as Dole Food Company, Inc., Freightliner LLC, Royal Caribbean Cruises Ltd., Stein Mart and thousands of others, with services that make travel booking and expense reporting more efficient and convenient," said Rajeev Singh, president and chief operating officer for Concur Technologies. "By streamlining these costly, paper-laden business processes with Concur's on-demand services, customers of any size can achieve improved levels of cost control, increased compliance with company policy, and enhanced visibility into company spend."
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