This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Expense Automation Pioneers Concur® And American Express Tackle Receipts By Integrating On-the-Go Expense Creation With Transaction Alerts

BELLEVUE, Wash., Aug. 5, 2013 /PRNewswire/ --  Concur (NASDAQ: CNQR), a leading provider of integrated travel and expense management solutions, today announced that together with American Express, it's marrying the convenience of transaction alerts near the time of card swipe with the ease of simply snapping a photo of a receipt to "automagically" create an expense on-the-go without any typing required.

Concur is the first company to integrate new technology from American Express that pushes out near real-time data to third-party expense providers. This means that American Express Corporate Cardmembers that use Concur Expense and Concur's new OCR-powered receipt capture application, ExpenseIt®, will be reminded to capture a photo of their receipt to have all the details of the expense auto-populated from the image. The feature is slated to be available in fall 2013, and will be previewed Aug. 5-7, 2013 at the Global Business Travel Association (GBTA) conference in San Diego, Calif.

"We are delighted to bring this integration to our Corporate Cardmembers with a partner that understands the needs of the business traveler," said Jay Cary, Vice President, Digital, Global Corporate Payments at American Express. "Rather than having a stack of paper receipts to deal with after a business trip, Cardmembers will receive helpful reminders to snap a photo of a receipt moments after swiping their card. ExpenseIt will create the expense right from the receipt image and export it to Concur Expense automatically, so the traveler can get back to the business at hand."

Partners for half a decade, American Express and Concur have helped companies of all sizes in more than 15 markets around the world optimize their expense management programs. Companies that integrate American Express payment data with Concur Expense can benefit from higher quality and more robust data, which ultimately helps control spending and drive savings to the bottom line.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,071.22 -41.93 -0.24%
S&P 500 1,977.80 -5.05 -0.25%
NASDAQ 4,505.8520 -6.3420 -0.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs