Concur Technologies
| Subsidiary | |
| Industry | Software (Travel & Expense Management) |
| Founded | 1993 |
| Headquarters | Bellevue, Washington, United States |
|
Key people
|
Steve Singh (CEO) Rajeev Singh, Co-Founder Michael W. Hilton, Co-Founder Mike Eberhard, President |
|
Number of employees
|
4,600+ |
| Parent | SAP SE |
| Website | www.concur.com |
Concur Technologies is an American SaaS company, providing travel and expense management services to businesses. It is headquartered in Bellevue, Washington.SAP SE agreed to acquire Concur Technologies in September 2014 for $8.3 billion. The deal was completed in December 2014.
Concur was co-founded by Steve Singh, its CEO and Chairman of the Board.
The company is headquartered in Bellevue, Washington, with additional offices in Vienna (Virginia), Eden Prairie (Minnesota), Europe, Asia, and Australia.
Some statistics about the company are:
On 18 September 2014 it was announced that SAP SE entered into an agreement to acquire Concur in a deal that valued Concur at approximately US$8.3Bn
The company made news in March 2009 when it was uncovered that Steve Singh, its president and CEO, did not graduate from the University of Michigan with an engineering degree as had been previously claimed in corporate filings (until 2007). While Mr. Singh had attended the university, he left before graduation to pursue his entrepreneurial interests. The board of Concur expressed confidence in his abilities and retained Singh in his current positions and said that they continued to have "complete confidence" in him following the disclosure, while expressing "regret that the mistake occurred".
The following is a list of acquisitions by Concur:
Concur's on-demand software as a service (SaaS) offerings include:
In 2013, Concur's iOS app was selected by Apple for "Editor's Choice" category.
According to a recent report from TechNavio, Concur's key competitors include Chrome River Technologies based in Los Angeles, CA, which was founded by Alan and Harvey Rich and Dave Terry, Oracle, Apptricity, Insperity, Infor Global Solutions, and SutiSoft. A few of these vendors - Oracle, Chrome River and Sutisoft in particular - are focusing on providing integration platforms for end-to-end Software-as-a-service solutions.
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