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SAP launches expense management solution Concur

June 1, 2017 - 16:10 By Korea Herald
SAP’s subsidiary company specializing in management solutions for business trips, expenses and invoices, Concur, has entered the Korean market, the company said Thursday.

“Concur is like a mobile secretary on your phone,” said CEO of SAP Korea Hyung Won-joon.

“For instance, an employee does not have to file his receipt after using services such as Uber during his business trip as the report will be sent digitally to the company through Concur.”
(Concur)

He added that Concur has been released at the perfect time amid the growing need for a transparent management system.

CFO of SAP Business Networks and Application Mark Malone added that Korea, being one of top 10 countries in the business travel expense market, will benefit from Concur’s integrated expense management system.

He listed increased compliance through localization, cost savings, improvement in employee satisfaction, and enhanced global operations as some of the benefits that Concur will provide.

By Yim Ji-min  (jiminy@heraldcorp.com)