CNQR. More deals. Russ
Wednesday April 5, 8:10 am Eastern Time
Company Press Release
SOURCE: Concur Technologies, Inc.
Concur's Business-to-Business eCommerce Internet ASP Service Gains Customer Support
Concur eWorkplace.com Selected by Four Companies to Harness the Power of Business-to-Business eCommerce
REDMOND, Wash., April 5 /PRNewswire/ -- Concur Technologies (Nasdaq: CNQR - news), a leading provider of
business-to-business eCommerce solutions, announced today that Blue Ribbon Meat Co., Mercury Interactive Corp.,
NetClerk Inc., and Yamaha Motor Corp. USA have selected Concur's business-to-business eCommerce Internet Application
Services Provider (ASP) service. This service is accessed through Concur eWorkplace.com(TM), Concur's integrated suite of workplace eCommerce solutions, and can enable these companies to take advantage of the cost savings and productivity improvements traditionally only available to larger companies for maximum return on investment with minimal implementation time and little to no investment in IT infrastructure.
``Concur has become the aggressive leader in providing business solutions tailored to the electronic commerce needs of small to mid-size businesses,' said Bruce Chatterley, president, Small and Middle Enterprise Market Division for Concur. ``We are pleased to offer these companies an opportunity to reap the benefits of the exploding business-to-business market. More importantly, we are pleased to be their premier eCommerce service provider to help them cost-effectively and fully participate in the new digital business-to-business economy.'
``Mercury Interactive has grown steadily to become the leader in providing Web performance management solutions, and as our growth continues, it is critical to adopt practices that allow our company to run more efficiently,' said Adony Beniares, director of Operation, Mercury Interactive. ``In identifying our key criteria for an eCommerce solution we knew that a Web solution was critical. We turned to Concur to provide us with a hosted solution that met our fast-paced purchasing needs.'
``We are experiencing rapid growth at NetClerk and were looking to establish tighter control in our purchasing process,' said Tony Wu, CFO, NetClerk Inc. ``We were motivated to find a Web-based solution that would provide us with the control we needed. With Concur eWorkplace.com we found a solution that fit our needs exactly. Additionally, we will now have the opportunity to piggyback on pre-negotiated supplier discounts typically enjoyed only by large companies, a highly valuable benefit for a company at our stage.'
Using this service, companies have the ability to procure goods and services from their desktops to smoothly interact with suppliers in real-time. Businesses are provided with a fully automated purchase approval process saving time and improving employee productivity. The service also includes the ability to control supplier availability to concentrate employee buying with specific suppliers to maximize price and quality benefits. In addition, aggregation of supplier catalog content through the Concur Commerce Network(TM) will allow companies to take advantage of special pricing, traditionally reserved for large corporations, to achieve dramatic efficiencies of scale through business-to-business eCommerce.
At Blue Ribbon Meats, CFO David Radis recognizes the impact that new technology can have on business. ``The Internet is
the future of business and small businesses like ours have the most to gain,' he commented. ``Through B2B procurement, we will save money four ways. The goods we purchase will be cheaper, payroll costs incurred to do the buying will be reduced, control over spending will reduce excess buying, and data capture will improve our budgeting. We want to be on the front-end of this automation curve, and with Concur we see a way to take advantage of this opportunity. Setting up Concur eWorkplace.com requires little technical expertise and there is virtually no up-front investment. Ultimately, the more we use it the more money we'll save.'
Concur eWorkplace.com is the most comprehensive and powerful business-to-business eCommerce solution to be offered to
the largely untapped small- and mid-size business market. Customers benefit from any time access to every component of
Concur's workplace eCommerce solutions, including procurement, travel and expense management, and human resources self-service. The solution increases productivity, ensures policy compliance, and provides a rapid return on investment.
If you are interested in capturing the benefits of workplace eCommerce for your business, call 877-I-CONCUR or visit the
company's Web site at www.concur.com.
About Concur Technologies
Concur Technologies Inc.(TM) (www.concur.com) is the leading provider of workplace eCommerce solutions that automate
costly and inefficient business processes among employees, partners, suppliers, and service providers. Its flagship product, Concur eWorkplace(TM), integrates Concur's suite of workplace eCommerce solutions -- corporate procurement, human resources self-service, and travel management -- through a common business portal. The Concur eWorkplace suite is available in two distinct models: licensed and Application Service Provider (ASP). Both models enable users to access critical information and services thus reducing operating costs, increasing productivity, and improving supplier management. Concur's customer base is comprised of more than 320 companies, representing over 2.4 million employees, across more than 20 countries. AT&T, Baxter International, DaimlerChrysler, and Pfizer are among the companies that have selected Concur's workplace eCommerce solutions. Concur's global trading network, Concur Commerce Network(TM), links buyers throughout the workplace together with suppliers to conduct business-to-business eCommerce in real time. The Concur Global Alliance Network(TM) is comprised of over 50 world-class organizations including ADP, American Express, Exodus, KPMG, Microsoft, Nortel Networks, and SAFECO.
NOTE: All company or product names are trademarks and/or registered trademarks of their respective owners.
This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from current expectations. Statements made in this release that relate to future plans, events or performances or statements containing words such as ``believes,' ``anticipates,' ``plans,' or ``expects' are forward-looking statements. These statements are based on current expectations and involve risks and uncertainties. Factors that could cause or contribute to actual results differing from current expectations include, but are not limited to, uncertainty of market acceptance of the
Company's products; difficulties associated with new products; and risks associated with the Company's distribution model.
Please refer to the Company's public filings made with the Securities and Exchange Commission (http://www.sec.gov) for
additional and more detailed information on risk factors that could cause actual results to differ materially from current expectations. Concur assumes no obligation to update the forward-looking information contained in this press release.
For more information, contact, press, John Russo of Concur Technologies, Inc., 425-497-6440, or johnr@concur.com; or
David Gutierrez of Niehaus Ryan Wong, 650-827-7054, or gdavid@nrwpr.com, for Concur Technologies, Inc.; or investor, Kira Bacon of Concur Technologies, Inc., 425-497-7342, or kirab@concur.com.
SOURCE: Concur Technologies, Inc. |
