Tag Archives: Chrome River

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

[UPDATE, Sept. 7, 2017: Expense management system provider Certify bought nuTravel’s online booking system. It will offer the tool as part of Certify Enterprise Travel. The two companies announced a partnership for that product in July. The expense management system provider already offers booking tech to small businesses under the Certify Travel brand. NuTravel will maintain its airline… 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 . . . For… Read More »

Coupa, Chrome River Bag Millions

June was a huge month for two of Concur’s California-based competitors. Coupa raised $80 million at a valuation of $1 billion. Chrome River picked up $100 million, declining to disclose its assessed worth. Enterprise tech is attracting venture capital as established and new providers exploit mobile and cloud technology. The moves also reflect a competitive expense management software marketplace following SAP’s $8… Read More »

Microsoft Tests Expense App

[UPDATE, Feb. 24, 2016: Microsoft discontinued this project.] [UPDATE, April 10: Concur press statement added.] Microsoft is testing an expense app for iPhones that apparently integrates with Concur. “Nobody likes filing expense reports,” Microsoft wrote on Facebook, mimicking the raison d’être for expense providers like Concur and Expensify. “Each of us has a powerful computer sitting in our… Read More »

Years Of Consolidation Gave Concur Market Power, But No Monopoly

[UPDATE, June 20, 2017: Expense system providers Certify, ExpenseWatch, Nexonia and Tallie are merging. K1 Investment Management is spending $125 million to create what it described as the “largest independent expense management software company.” The new entity will maintain existing product lines. Goals include “expanded offerings” and wider geographic reach. A statement from Certify founder and CEO Robert… Read More »