Amex GBT and Concur Forge Strategic Alliance on Product Co-Development
Photo Credit: Two restaurant receipts. Skift
Skift Take
Amex GBT and SAP Concur are finally doing what challengers have long promised: one system for everything. The real test is whether two corporate heavyweights can deliver speed and simplicity without the baggage of enterprise software.
American Express Global Business Travel (Amex GBT) and SAP Concur are deepening their long-standing relationship with a new strategic alliance aimed at merging travel booking, expense management, and payments into a single platform.
The partnership, announced last week, will see the two industry giants co-develop a solution called Complete by SAP Concur and Amex GBT. It is designed to integrate booking, servicing, expense, payments, and marketplace capabilities within a single interface.
However, despite the depth of the partnership, neither side is taking a financial stake in the other. Both companies confirm that this is not an equity investment but a co-development agreement with shared funding and joint innovation teams.
While Amex GBT customers have long been able to connect their travel programs with SAP Concur’s expense management system, both companies say this alliance marks a fundamental shift from integration to co-creation.
“W
