Travel Management Company Concur

Concur offers an advanced approach to corporate travel management, providing companies with tools to streamline travel bookings, manage expenses, and ensure compliance with internal policies. With integrated software solutions, businesses can gain real-time insights into employee travel behavior, optimize costs, and improve overall travel efficiency.
Key Features of Concur's Travel Management System:
- End-to-end travel booking and management
- Expense tracking and reporting
- Mobile accessibility for employees on the go
- Real-time policy compliance checks
"Concur's solutions help businesses maintain control over travel expenses while providing a seamless experience for travelers."
Benefits for Companies:
- Improved visibility into travel spending
- Reduced administrative burden through automation
- Enhanced compliance with travel policies
Comparison with Competitors:
Feature | Concur | Other Providers |
---|---|---|
Real-time Expense Reporting | Yes | No |
Mobile App | Available | Limited |
Customizable Travel Policies | Yes | No |
How Concur Streamlines Corporate Travel Reservations
Concur provides a robust solution for managing business travel by automating the entire booking process, saving time and reducing the risk of errors. Through its advanced platform, companies can centralize travel arrangements for employees, making it easier for both corporate teams and travel managers to maintain control over their travel policies. By integrating with global travel suppliers, Concur ensures that employees have access to the best options available, while simultaneously enforcing corporate travel guidelines.
One of the key benefits of Concur's automation is its ability to simplify complex booking workflows. The system allows for quick and efficient reservations, minimizing the need for manual intervention. Employees can easily select flights, hotels, and car rentals while ensuring all choices align with company policies. Below is a breakdown of how the automation process works:
Key Features of Concur’s Automated Travel Booking
- Policy Compliance: Concur ensures that all bookings comply with company-specific travel policies by automatically flagging any deviations during the selection process.
- Preferred Vendor Integration: The system integrates with preferred suppliers to streamline the selection of flights, accommodations, and transportation.
- Real-Time Availability: Employees can view real-time pricing and availability across various suppliers, ensuring they get the best rates.
- Expense Integration: Travel expenses are automatically linked to the company's expense management system, facilitating seamless reporting and reimbursement.
Concur’s automation goes beyond just booking travel. It improves efficiency by consolidating multiple travel components into one unified process, enabling teams to plan and approve trips with minimal administrative effort.
"Concur’s automation simplifies complex workflows, allowing for faster, error-free travel bookings while ensuring compliance with corporate policies."
How It Works: A Step-by-Step Process
- Step 1: Employees log into the Concur platform and input their travel requirements.
- Step 2: The system presents available options based on company policies, supplier agreements, and budget constraints.
- Step 3: Users can select their preferred options and complete bookings with minimal input required.
- Step 4: Travel details are automatically sent to the finance and HR departments for approval, and integration with the expense system ensures accurate reporting.
Step | Action |
---|---|
1 | Log in and input travel requirements |
2 | Browse available options and select based on preferences |
3 | Book travel and confirm details |
4 | Automatic approval and expense reporting |
Managing Travel Expenses with Concur: A Step-by-Step Guide
Managing travel expenses can be a daunting task for both employees and finance departments. Concur streamlines the entire process by automating expense reporting, approval workflows, and reconciliation. This guide will take you through the essential steps to effectively manage travel costs using Concur’s platform.
By leveraging Concur’s features, companies can reduce the risk of errors, improve compliance with travel policies, and expedite the approval process. Below is a detailed overview of how to manage travel expenses through the platform.
Step-by-Step Process for Managing Travel Expenses
- Booking Travel: Ensure that all travel bookings are made through Concur’s travel management system. This allows the platform to track expenses directly linked to each trip, eliminating discrepancies.
- Expense Submission: After the trip, employees must upload receipts and input any additional expenses manually. Concur’s mobile app makes it easy to scan receipts on the go.
- Approval Workflow: Once expenses are submitted, the approval workflow kicks in. Managers review the expenses to ensure compliance with company policies.
- Reconciliation and Reporting: After approval, the expenses are reconciled with the company’s accounting system. Reports can be generated for detailed insights into travel spending.
Important: Employees must adhere to company travel policies when submitting expenses, as any non-compliant expenses may delay reimbursement or require additional justification.
Key Features of Concur for Travel Expense Management
Feature | Description |
---|---|
Automated Receipt Capture | Use the mobile app to scan receipts, which Concur automatically matches to expenses. |
Real-Time Notifications | Receive instant notifications on approvals, rejections, or policy violations. |
Integrated Travel Booking | All travel arrangements, from flights to hotels, are booked within the system to ensure accurate expense tracking. |
By following these steps and utilizing Concur’s advanced features, you can streamline the travel expense process, reduce administrative overhead, and maintain better control over company spending.
Integrating Concur with Your Company’s Financial Systems
Concur's integration with financial systems allows businesses to streamline travel expense management by automating data flows between different platforms. This seamless connection enhances reporting accuracy and ensures compliance with corporate financial policies. By linking Concur to accounting software and ERP systems, companies can save time on manual data entry, reduce errors, and improve overall operational efficiency.
The integration process requires mapping data fields between the systems and establishing secure connections for data transfer. It's crucial to choose the right integration method, whether via APIs or pre-built connectors, depending on the company’s existing technology infrastructure and system requirements.
Key Steps for Successful Integration
- Data Mapping: Identify key data points (e.g., employee IDs, expense categories) and ensure consistency across both platforms.
- API/Connector Selection: Choose the appropriate integration method (API or connector) based on your financial system's compatibility.
- Testing and Validation: Run integration tests to ensure data flows correctly and error-free before going live.
- Employee Training: Train employees on the updated workflow to minimize confusion and improve adoption rates.
Integrating Concur with your financial systems ensures real-time expense tracking and greater accuracy in reporting, leading to improved financial oversight.
Benefits of Integration
- Improved Data Accuracy: Automated syncing eliminates human error in transferring data from Concur to financial systems.
- Time Savings: Reduces manual intervention, allowing employees to focus on higher-value tasks.
- Real-Time Financial Insights: Get up-to-date expense data that aids in better financial decision-making.
Common Integration Tools
Tool | Supported Systems | Integration Method |
---|---|---|
Concur Connector | SAP, Oracle, NetSuite | Pre-built integration |
Custom API | Any ERP system | Custom API development |
Third-party Middleware | Various Accounting Systems | Middleware solutions |
Key Features of Concur That Simplify Employee Travel Management
Managing employee travel can be complex, but Concur offers powerful tools that streamline this process. With an intuitive platform, it provides comprehensive travel booking and expense management solutions in one place. This reduces administrative overhead, making it easier for businesses to control costs while improving the overall travel experience for employees.
Concur’s key features include real-time tracking, automated expense reports, and seamless integration with other business systems, all designed to simplify and enhance the travel management process. Below are the critical aspects of the Concur platform that make it an invaluable tool for any organization.
Automated Booking and Expense Tracking
Concur automates the entire booking and expense tracking process. This ensures that employees follow company policies while making travel decisions and submitting reports. Key benefits include:
- Travel Policy Compliance: Ensures employees stay within the company's travel policy limits by providing suggestions and approvals based on preset rules.
- Instant Expense Capture: Receipts and expenses are automatically matched with bookings, reducing manual entry errors and saving time.
- Real-time Alerts: Notifications about travel changes or policy violations help employees adjust quickly to avoid unnecessary costs.
Streamlined Reporting and Approval Workflow
The approval process for travel requests and expenses becomes faster and more transparent with Concur. It helps to keep track of every step in the travel approval chain, ensuring that managers have all the information they need at their fingertips. The key features of this system include:
- Automated Approvals: Travel requests and expense reports are routed through a predefined workflow, reducing approval time.
- Real-time Reporting: Managers can easily view travel expenses and generate custom reports, helping to keep the budget under control.
- Audit Trail: Concur provides a complete audit trail, allowing companies to track any changes made to travel bookings or expense reports.
Integration with Existing Business Systems
Concur integrates with a wide range of ERP and financial management systems. This eliminates the need for manual data entry and ensures that travel and expenses are automatically synced with accounting software, further simplifying the financial reporting process.
Integration Benefits | Details |
---|---|
Seamless Data Transfer | Automatically syncs with company’s financial systems, reducing manual reconciliation. |
Cross-Platform Compatibility | Works well with other tools like SAP, Oracle, and QuickBooks. |
Faster Financial Close | Speeds up the approval and reporting process by eliminating redundant data entry. |
Concur's automated solutions significantly cut down on administrative tasks, allowing employees to focus more on their actual travel and business objectives.
How Concur Ensures Compliance with Corporate Travel Policies
Concur simplifies corporate travel management by offering a range of tools designed to ensure that employees adhere to company policies. One of the key features is its ability to automatically apply policy rules during the booking process, minimizing the chances of non-compliant travel choices. This integration directly into the booking workflow allows for seamless enforcement of guidelines, reducing the administrative burden for managers while improving the overall efficiency of the process.
By combining policy configuration with real-time alerts, Concur offers both flexibility and control. Travel managers can easily define company-specific rules for airfares, hotel stays, car rentals, and more. The platform also provides a centralized view of all travel activities, ensuring transparency and compliance monitoring from a single dashboard.
Policy Enforcement Features
- Automated Approval Workflows: Travel bookings are automatically routed for approval based on pre-set rules, ensuring that only compliant trips are confirmed.
- Real-time Notifications: Employees receive alerts when a booking violates policy, prompting them to make adjustments before finalizing the trip.
- Integrated Expense Tracking: All travel-related expenses are automatically tracked and categorized, reducing the risk of non-compliant reimbursements.
Policy Configuration and Customization
- Flexible Rule Setting: Travel policies can be customized by department, job role, or even individual employee, allowing for greater flexibility.
- Pre-trip Approval: Employees must submit their planned travel details for approval before booking, ensuring alignment with company guidelines.
- Expense Categories: Specific categories are assigned to each type of travel-related expense, making it easy to identify and enforce policy-compliant spending.
"With Concur, travel managers have complete visibility into employee travel patterns, enabling them to proactively address compliance issues before they escalate."
Key Reporting and Monitoring Tools
Feature | Description |
---|---|
Compliance Dashboard | A centralized dashboard that displays the status of travel policy adherence across the organization. |
Custom Reports | Generate reports tailored to specific compliance metrics, such as approval rates, policy violations, and spending categories. |
Tracking Travel Budgets with Concur’s Reporting Tools
One of the key features of Concur’s platform is its ability to provide real-time insights into travel spending. By utilizing its reporting tools, businesses can effectively track and manage travel budgets, ensuring they stay within financial constraints. The platform allows for the creation of detailed reports, helping managers oversee individual trip expenditures as well as overall travel costs across the organization.
Concur’s reporting features include customizable filters, which can isolate specific travel categories, departments, or time periods. These tools make it easy to assess where money is being spent and identify any deviations from planned budgets. Furthermore, the platform offers visual data representations, simplifying decision-making processes for financial teams.
Key Reporting Features for Budget Tracking
- Expense Categorization: Breakdown of travel expenses into categories like airfare, lodging, meals, and transportation.
- Real-Time Data: Instant access to current spending allows for immediate corrective action if necessary.
- Customizable Dashboards: Ability to design dashboards tailored to specific budget monitoring needs.
- Trend Analysis: Historical data analysis to forecast future travel expenses based on past spending patterns.
To ensure the accuracy of reports, Concur’s system allows for the creation of expense rules, which automatically categorize costs based on predefined parameters. This automation significantly reduces the potential for errors in tracking, providing users with more reliable financial data.
By using Concur’s advanced reporting tools, businesses can gain a comprehensive view of their travel expenses and make informed decisions to optimize their travel budgets.
Sample Budget Report Breakdown
Category | Actual Spend | Budgeted Amount | Variance |
---|---|---|---|
Airfare | $15,000 | $14,000 | +$1,000 |
Hotel | $8,500 | $9,000 | -$500 |
Meals | $3,200 | $3,000 | +$200 |
Transportation | $2,000 | $1,800 | +$200 |
How Concur Enhances the Travel Experience for Corporate Travelers
Concur streamlines business travel by offering an integrated platform that simplifies booking, expense tracking, and reporting. By consolidating all travel-related tasks into a single interface, it saves time and reduces the complexity of managing trips. Through its automated features, Concur ensures that travelers can focus more on their work and less on the logistics of their trips.
With a focus on improving both efficiency and convenience, Concur creates a seamless experience for employees and travel managers alike. By providing real-time updates, intuitive booking tools, and comprehensive expense management, it directly impacts the satisfaction of business travelers and the effectiveness of corporate travel programs.
Key Features of Concur for Business Travelers
- Unified Travel Management: Concur offers a single platform for booking flights, hotels, and car rentals, ensuring everything is managed from one place.
- Expense Automation: The platform automatically categorizes and logs expenses, reducing the manual work required to submit and approve travel reports.
- Real-Time Notifications: Travelers receive updates on flight delays, gate changes, and other critical information to stay informed throughout their journey.
How Concur Helps Improve Travel Experience
- Ease of Booking: With its intuitive interface, Concur helps travelers quickly find and book the best travel options within company policies, minimizing delays.
- Increased Compliance: The system ensures that bookings adhere to corporate travel policies, minimizing the risk of non-compliant expenses.
- Post-Travel Reporting: After a trip, Concur simplifies the expense report process, making it easier for travelers to submit receipts and for managers to approve expenses.
Impact on Business Travelers' Experience
"Concur’s integration of travel booking and expense reporting significantly reduces the amount of administrative work needed from both employees and travel managers, allowing us to focus on higher-priority tasks." – A Business Traveler
Benefit | Impact on Travelers |
---|---|
Unified Platform | Reduces time spent switching between multiple systems for booking and reporting. |
Real-Time Alerts | Helps travelers stay informed and make adjustments to their travel plans as needed. |
Automated Expenses | Simplifies the process of expense tracking and submission, reducing the risk of errors. |
Concur's Role in Managing Corporate Travel Risks and Safety
Managing corporate travel risks and ensuring the safety of employees while traveling for business are critical priorities for any organization. Concur, as a comprehensive travel and expense management platform, plays a key role in mitigating risks and improving travel security. Through its various tools and integrations, Concur provides companies with the necessary resources to monitor and manage travel risks in real-time, enhancing both the safety and efficiency of corporate travel.
With Concur, businesses can streamline their travel policies and ensure compliance with safety protocols. By centralizing travel data, organizations gain better visibility into potential risks, such as travel disruptions, natural disasters, or security threats. This allows for timely interventions and informed decision-making when it comes to the safety of employees on the move.
Key Features for Risk Management in Concur
- Real-Time Risk Monitoring: Concur's integration with risk management providers allows companies to track global risks and respond swiftly to changing conditions.
- Traveler Location Tracking: Concur helps businesses know where their employees are at any given moment, enabling quick response in case of emergencies.
- Policy Enforcement: The platform ensures that employees adhere to corporate travel policies, minimizing risks associated with unapproved travel choices.
Steps for Enhanced Corporate Travel Safety
- Pre-Trip Planning: Employees can access real-time travel advisories and alerts to plan safer itineraries.
- In-Trip Alerts: Notifications regarding flight cancellations, extreme weather conditions, or local security threats are sent directly to travelers.
- Post-Trip Reporting: After travel, businesses can review incident reports and performance to refine future risk management strategies.
"Concur's real-time tracking and integration with risk management platforms ensure that every traveler is continuously supported, no matter where their business takes them."
Travel Risk Insights with Concur
Feature | Benefit |
---|---|
Traveler Data Integration | Allows companies to view travel data alongside global risk alerts for immediate action. |
Automated Notifications | Ensures travelers receive timely safety updates about potential risks during their trip. |
Incident Reporting | Offers detailed reports to improve risk assessment and decision-making for future travel. |