Concur to Expand the Concur T&E Cloud with the Integration of Leading TMC Technologies for Mid-Office and Analytics
Concur, the global leader in integrated travel and expense management, today announced it has acquired leading Travel Management Company ("TMC") technology solutions from GDSX and TRX.
The integration of the acquired solutions for mid-office and data analytics into the Concur T&E Cloud will enable TMCs, partners and third-party developers to enhance existing services and drive innovation in a way that benefits the entire travel ecosystem. From corporate travel managers and TMCs to business travelers and suppliers, the Concur T&E Cloud connects more than 20 million business travelers to the suppliers and TMCs that serve them as well as an increasing range of applications and services tailored to meet their individual and corporate needs.
"TMCs are a critical element of the travel ecosystem, and Concur is investing more than anyone in the industry through internal solution development, acquisitions and the Perfect Trip Fund to help the ecosystem grow and drive success for TMCs," said Steve Singh, Chairman & CEO of Concur. "By integrating GDSX and TRX into the Concur T&E Cloud, we will enable seamless linking to suppliers, technology providers, corporations, and travelers. For our TMC clients, this will help to create efficiency and value throughout the travel ecosystem."
GDSX and TRX have many strong relationships and years of product development between them. With a dedicated focus on customer success, they have become trusted partners to some of the most respected travel organizations in the world. Concur plans to leverage their complementary strengths to extend the robust suite of solutions already provided through the Concur T&E Cloud.