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Technology Stocks : CNQR - Concur Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Little Poo who wrote (301)	6/13/2000 8:42:00 AM
From: Neil H	Read Replies (1) \| Respond to of 374

Tuesday June 13, 8:02 am Eastern Time Company Press Release SOURCE: Concur Technologies, Inc. Trinity Industries Finds Corporate Efficiencies in Concur Expense Leading Manufacturer Selects Concur Expense to Bring Control and Speed To Travel Expense Management Process REDMOND, Wash., June 13 /PRNewswire/ -- Concur Technologies (Nasdaq: CNQR - news), a leading provider of business-to-business solutions, announced today that Trinity Industries, Inc., (NYSE: TRN - news) one of North America's largest manufacturers of transportation, construction, and industrial products, has selected Concur Expense(TM), the leading Web-based expense management solution, to provide company-wide online automation of its travel and entertainment (T&E) expense management process. Concur Expense automates each step of the travel and entertainment expense management process -- from expense report preparation and approval to policy compliance, reimbursement, and data analysis -- to increase traveler and back-office productivity while uncovering critical travel spending trends. Trinity searched for an automated expense management solution to replace its manual method of submitting and managing travel expenses. ``Processing expenses using a paper-based system was costing the company valuable time and impacting our profitability,'' said Christine Stucker, corporate controller for Trinity. ``We chose Concur's Web-based solution because of its ability to streamline the entire process, automate expense reporting from start to finish, and provide reporting capabilities which will enable us to better understand and control travel costs.'' Once fully deployed to its 1,000 frequent business travelers, Trinity expects Concur Expense to yield a significant reduction in total expense report processing time. Additionally, Trinity will gain fast and easy auditing control and reporting capabilities that it was previously incapable of generating. ``Trinity is not merely automating a manual process, it is looking to use Concur Expense to improve the way it runs its business,'' said Steve Singh, chairman and chief executive officer for Concur. ``Concur Expense will bring immediate control to Trinity's expense management process, while the powerful data analysis tools will enable Trinity to uncover additional cost saving opportunities.'' About Trinity Trinity Industries, Inc. is one of the nation's leading diversified industrial companies focused on growth. Trinity operates in six principal business segments: the Railcar Group, the Inland Barge Group, the Parts and Services Group, the Highway Construction Products Group, the Concrete and Aggregate Group and the Industrial Group. Headquartered in Dallas, Texas, Trinity produces and markets its products both domestically and internationally. Trinity's Web site may be accessed at trin.net .