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Concur Intro
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Transcript of Concur Intro
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Who is Concur?How does it work?How does it help us?Who else uses it?
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Who is Concur?
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Concur Fast Facts
• Cloud-based solution for travel, expense, and AP automation
• 22,000 clients; 20 million end-users; 150 countries worldwide
• Over 50% of Concur clients have less than 500 employees
• More than half of the Fortune 500 use Concur
• Fully compliant - SSAE16 Type II, PCI, ISO 20000 & 270001
• Multiple recipient of Forbes’ Most Innovative Small Company
We are the trusted provider to the US Federal Government and to many of the largest financial organizations
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How does it work?
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How it works…
Take a picture of the receipt with Concur’s Expenseit app
Report goes through company workflow approval process
Quickly and easily reconcile corporate card statements
Add company-required details such as Business Purpose, Attendees, or Job/Project and submit for approvalReceipts are uploaded directly into Concur.
OCR creates cash expense entries or ties receipts to incoming corp card transactions (if purchased on a corporate card)
Expenses are uploaded into accounting software and cash expenses are reimbursed to employees
via Direct Deposit
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Simple User Interface
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How does it help us?
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Reduce month-end close times
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Payment Type Approval Status Vendor Posted Date Transaction Date Posted Amount
Corporate Card CBCP Unassigned Office Depot J an 30, 2012 J an 30, 2012 95.20
Corporate Card CBCP Unassigned Xerox equipment Feb 2, 2012 Feb 2, 2012 245.95
Corporate Card CBCP Unassigned AT&T Feb 12, 2012 Feb 12, 2012 165.20
Corporate Card CBCP Unassigned Best Buy Feb 13, 2012 Feb 13, 2012 210.00
Corporate Card CBCP Unassigned Staples Feb 15, 2012 Feb 15, 2012 45.95
Corporate Card CBCP Unassigned Office Max Feb 16, 2012 Feb 16, 2012 195.20
Corporate Card CBCP Unassigned City Hardware Feb 16, 2012 Feb 16, 2012 240.00
Corporate Card CBCP Unassigned Amazon Feb 17, 2012 Feb 17, 2012 210.95
Expense AccrualAccrual Date: Apr 25, 2013
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Top Spenders by Employee
Top Spenders by Vendor
Insight into Your SpendClient & Project Spend Breakdown
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Integrates with existing applications
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Savings through automation
Overall T&E spend reduced by 10-15%
Average time savings per expense report
33 minutes
Expense processing costs reduced by 51%
42% faster expense reimbursement times
Improved travel vendor negotiations by 30-40%
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Who else uses it?
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Enterprise solutions…Concur Clients
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… for mid-market companies Clients
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What others are saying…“Zero complaints. It’s fast, easy to use, and accurate. Concur offers an attractive solution that employees want to use.”
Ellen M. Class – Worldwide ControllerBourns Inc.
“I have an IT background, and I’ve managed countless tech implementations. I’ve never seen anything like this, it was simply amazing. I have complete confidence in Concur.”
Peggy Wilkerson - Purchasing ManagerPegasus Solutions
“We began by moving from a manual system to Concur, and with 2000 reports a year, that was an enormous time savings. Visibility, savings, compliance…thanks to Concur, we’ve got it all.”
Erin Tasker – Sr. Accounting SpecialistAcumed
“The implementation of Concur’s travel solution was the smoothest I’ve encountered in my nearly 30 years in T&E and meetings management.”
Ralph Colunga – Director of Global T&ESalesforce.com
“We have reduced the time it takes employees to complete an expense report by 75 percent and have cut the time it takes to process an expense report by more than 66 percent. Employee response has been overwhelmingly positive and adoption has been exceptional. ”
Rob Dancer – CFOEducational Data Systems
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