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TheStreet Open House

Concur Announces T&E Cloud Integration With NetSuite's SuiteCloud Computing Platform

REDMOND, Wash., Sept. 11, 2012 /PRNewswire/ -- Concur (Nasdaq: CNQR), a leading provider of integrated travel and expense management (T&E) services, today announced the availability of the integrated solution of Concur's T&E cloud with NetSuite (NYSE: N)  built using NetSuite's SuiteCloud Computing Platform. First announced at NetSuite's SuiteWorld event in May 2012 in San Francisco, this solution helps NetSuite customers reap the unique benefits of a specialized end-to-end travel and expense management solution delivered via Concur's T&E Cloud, by providing an easy to use UI for expense reports, import of credit card statements, enforcement of expense policies, corporate credit card support, mobile solutions and links between travel and expense management.  With this cloud-to-cloud integration, customers can post completed and approved T&E expense reports directly into the NetSuite Employee Center, making comprehensive and accurate T&E spend data available through NetSuite's Accounts Payable and General Ledger services.

NetSuite's SuiteCloud is a comprehensive offering of cloud-based products, development tools, and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. SuiteCloud Developer Tools provide a comprehensive cloud customization environment, whether you're extending NetSuite to fit your business needs or developing completely new applications. SuiteCloud Developer Tools include workflow management, scripting, analytics, web services and more.

"The cloud enables customers to choose best-in-class applications and services – like those from NetSuite and Concur – that deliver the most compelling value. This value becomes even more compelling when they are tightly integrated," said Michael Hilton, Executive Vice President of Worldwide Marketing for Concur. "Now, NetSuite clients can enjoy a world-class T&E expense management experience which seamlessly integrates into NetSuite's Accounts Payable and General Ledger services. This is one more example of how the Concur T&E Cloud is helping to deliver greater value to companies of all sizes."

Working with NetSuite The value delivered by Concur's T&E Cloud is made possible through NetSuite's SuiteCloud and Concur Connect, the platform that enables customers, partners, suppliers, and solution providers to access, build upon, and extend applications, content and T&E data aggregated through Concur. Leveraging the Concur Connector, NetSuite clients enjoy seamless transfer of expense data from Concur's solution – such as billable expenses, employee reimbursements, approved expenses and expense allocations – to the NetSuite cloud ERP suite.

Concur's travel and expense management solution captures and reports on key aspects of T&E spend, providing detailed information to help clients effectively negotiate with vendors, and manage budgets and compliance. Integration through NetSuite's SuiteCloud development platform delivers enhanced value to clients around the globe.

"Concur and NetSuite prove that cloud applications can readily be integrated and function together as one," said Guido Haarmans, Vice President Business Development for Technology Partnerships at NetSuite. "This cloud to cloud integration enables one integrated process for expense reports, policy enforcements and approvals in Concur into NetSuite for Accounts Payable, Payroll and Accounting."

Visit www.suiteapp.com for more information on the integrated solution.

About SuiteCloud and SuiteCloud Developer Network: NetSuite's SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading provider of cloud-based financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes. The complete SuiteCloud offering includes NetSuite's multi-tenant, always-on SaaS infrastructure; the NetSuite Business Suite of applications (Accounting/ERP, CRM and Ecommerce); and the NS-BOS Development Platform.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for Independent Software Vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit: http://www.netsuite.com/developers.

About Concur Concur is a leading provider of integrated travel and expense management solutions. Concur's easy-to-use Web-based and mobile solutions help companies and their employees control costs and save time. Concur Connect is the platform that enables the entire travel and expense ecosystem of customers, suppliers, and solution partners to access and extend Concur's T&E cloud. Concur's systems adapt to individual employee preferences and scale to meet the needs of companies from small to large. Learn more at www.concur.com.

SOURCE Concur

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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