SAP Concur, the behemoth of corporate travel and expense management, is flexing its muscles. Its new travel booking platform, now widely available in major markets, boasts a sleeker interface and richer content.
SAP, the parent company of the Concur suite of tools for managing travel expenses, said on Tuesday the company's unit was recovering after the pandemic shock.
The ubiquitous company booking tool is getting its first overhaul in 15 years, to let the next generation of business travelers book more of what they want. That’s the good news. The bad news is it’s going to take a while.
The nightmare that flying has become is starting to weigh on employees. Perhaps company travel managers now need to deflect any pressure from the top as bosses rush to get things back to normal.
We anticipate a convergence between travel expense management and meeting planning. Companies will see a boom in internal meetings for team bonding and training as the pandemic subsides. So they'll need software to rein in costs.
New acquisition Deem is well placed in the current climate, helping corporate travel agencies develop booking tools to navigate complex Covid-era trips. But can it keep up with demand?