Tag Archives: Databasics

Certify Seeks Greater Sum, Keeps The Parts In Expense System Combo

Private-equity firm K1 Investment Management spent $125 million to recapitalize Certify, become its majority owner and go after expense management market leader Concur. K1 placed previous acquisitions Tallie, Nexonia and ExpenseWatch within parent Certify as wholly owned subsidiaries. Should the new entity maintain all four platforms as officials said it would, observers and competitors don’t see much change… Read More »

Hilton No Longer Providing Concur E-Receipts

[UPDATE, June 22, 2017: Concur no longer integrates e-receipts from Starbucks purchases. “This is due to issues that prevent us from providing you with the standard that we maintain for all our apps,” according to information sent to users. When Concur announced the feature in 2015, it claimed Starbucks was “the most commonly expensed restaurant” and that its… Read More »

EU Privacy Ruling Creates Legal, Tech Uncertainty

[UPDATE, Oct. 9: Amadeus statement included. An Oct. 12 BCD Travel statement is here.] Travel and expense management providers don’t expect drastic changes in response to the European Court of Justice’s annulment of a key EU-U.S. data privacy accord. The data will still flow. But they’re attentive to these and similar developments, and thinking about where they may need to stand up… Read More »

Vendors Target Small And Medium Enterprises With Integrated Travel And Expense

One of the more intriguing ways Concur impacted corporate travel was how it created a market of its own based on combining two otherwise discrete products. Now, just about everybody is offering integrated travel booking and expense software, at least through partnerships. With Concur’s established leadership in the large market, rivals are targeting small and medium enterprises or… Read More »