Expense Technology Landscape Heats Up


Skift Take

The expense technology sector has quickly become one to watch. Realistically, though, chipping away at SAP Concur's business is going to be difficult.

What's in a name? The expense technology providers snapped up over the years by K1 Investment Management, including Chrome River and Certify, will now operate as part of a stand-alone company named Emburse. CEO Eric Friedrichsen told Skift the company wants to build off its six existing brands, sharing technology and growing its market share. Is there anybody out there who doesn't want to take down SAP Concur right now? It's corporate travel enemy numero uno. Speaking of Concur, remember when the company bought Hipmunk three years ago? No? Well, Concur is putting the cute chipmunk out of its misery next week, killing off t