Articles tagged “concur”

Discover what type of travel startups attract venture capital funding, see where smart money is going, and understand some of the common mistakes that startups make as they seek funding and strive to build their new businesses.

Strategic differences between American Express and Concur didn't stop American Express from investing in the growing company, and it will vote in favor of the merger and make a windfall.

The SAP-ization of Concur won't begin in earnest until after the acquisition closes toward the end of this year or early in 2015. Decisions haven't been made yet as to how their overlapping products will blend together.

SAP's gain is the travel industry's loss as it will likely lose a strong advocate for travel startup innovation. Concur was unique among travel operators in bankrolling innovation among travel startups, whether it had a direct tie-in to business travel or not.

This is the biggest M&A deal to occur within the travel industry in the past few years and will have a ripple effect throughout the sector.

Steve Singh is one of the most-forward-looking CEOs in the travel industry, and Concur's $150 million Perfect Trip Fund is actively investing in that vision.

Companies such as Concur, Google, and Rocketrip are transforming business travel and the establishment biggies, from American Express to BCD and Carlson Wagonlit Travel, will eventually have to adapt, as well.

Concur has done an excellent job in recent years thinking about what the business traveler needs to do their job better rather than focusing on putting the travel manager first. This is simply the next logical step.

It's getting late very early for companies that fell way behind travel technology trends and now label road warriors who want to book their trips using modern tools as "misguided."

The Concur-United partnership should enable heretofore rogue business travelers to book their flights on United.com, as a leisure traveler would, and still make their employers happy by getting their corporate discounts.