SAP Concur, the world’s leading brand for integrated travel, expense, and invoice management solutions, has secured $100K in new funding. The investment will further its work in simplifying and automating the often-tedious processes of managing business trips, expenses, and invoices for companies globally.
The company's platform is known for its highly-rated mobile app, which guides employees through business trips and directly populates charges into expense reports. It also automates invoice approvals, integrating near real-time data and using AI to analyze transactions. This approach helps businesses gain crucial visibility into spending, improve compliance, and avoid potential budget blind spots.
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