Amadeus and Concur, a provider of on-demand employee spending management solutions, have agreed to a long-term alliance to bring key technologies together for a combined travel and expense management solution.
Announced at Fusion, Concur’s annual customer conference in Boca Raton, FL, the alliance is an extension of the companies’ vision for offering end-to-end travel and entertainment (T&E) solutions. It gives Concur and Amadeus customers greater choice for integrated travel and expense management solutions. Through the strategic alliance, Concur and Amadeus continue their commitment to global and local market leadership.
This includes the integration of travel bookings from Amadeus e-Travel Management (AeTM) into Concur Expense, as well as unique integration of Amadeus core distribution technology into Concur Cliqbook Travel – the first time Amadeus has provided this type of technology to a third party. Both companies are currently working towards delivery of the solution in 2010.
“This partnership enables Amadeus to provide clients with an integrated system to make their travel and expense reporting process easier and allows us to expand our market reach and drive increased adoption," said Philippe Chereque, executive vice president, commercial, for Amadeus worldwide. "We have tremendous respect for Concur’s vision and product strategy and believe there will be great value for joint customers.”
“Our partnership with Amadeus expands our market reach and affords our clients greater choice and flexibility for managing corporate travel and expenses on a global basis," said Steve Singh, chairman and CEO, Concur.
This alliance supports both companies’ long-term growth objectives. On Amadeus’ part, the agreement is the latest move in its strategy to create a global and end-to-end travel and spend story for its global customer segment. In addition to Concur's acquisition of Etap-On-Line in August 2009, the partnership supports Concur's broader strategy of local and global market leadership. Customers will be able to select the integrated travel and expense management solution that best meets their requirements and which helps them better manage employee spend.
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