Define: Concur

Concur
Concur
Full Definition Of Concur

Concur is a software platform that provides travel and expense management solutions for businesses. It allows users to book travel, submit expense reports, and manage corporate travel policies. The platform also offers features such as automated expense tracking, receipt scanning, and approval workflows. Concur is designed to streamline the travel and expense management process, improve compliance with corporate policies, and provide real-time visibility into travel and expense data.

Concur FAQ'S

Concur is a travel and expense management software solution that helps businesses streamline their travel booking, expense reporting, and invoice processing processes.

Yes, Concur is a cloud-based software, which means it can be accessed and used online without the need for installation on individual computers.

Yes, Concur can integrate with various business systems such as accounting software, HR systems, and travel booking platforms to ensure seamless data flow and eliminate manual data entry.

Yes, Concur is designed to comply with tax regulations in different countries. It can handle various tax requirements, including VAT, GST, and sales tax, and generate accurate tax reports.

Yes, Concur supports international travel and expenses by providing multi-currency and multi-language capabilities. It can also handle different tax regulations and compliance requirements across countries.

Yes, Concur prioritizes data security and complies with data protection laws such as GDPR. It employs encryption, access controls, and regular security audits to safeguard user data.

Yes, Concur provides real-time visibility into travel and expense spending. Managers can access dashboards and reports to monitor expenses, identify trends, and make informed decisions.

Yes, Concur allows businesses to define expense policies and configure approval workflows. This ensures that expenses are in line with company policies and undergo appropriate review before reimbursement.

Concur offers invoice processing capabilities, allowing businesses to automate the invoice capture, approval, and payment processes. This helps streamline accounts payable operations and improve efficiency.

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This glossary post was last updated: 5th April 2024.

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