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SAP Concur (formerly Concur Technologies) is an American software as a service company providing travel and expense management services to businesses. [5] Its headquarters are in Bellevue, Washington. [5] SAP SE agreed to acquire Concur Technologies in September 2014 for $8.3 billion. [5] The deal was completed in December 2014. [3]
Gelco Expense Management has thousands of clients worldwide representing over 625,000 users of their on-demand services, processing over 9 million transactions and making over $7 billion in payments annually. [5] In 2007, H-G Holdings and its subsidiaries, including Gelco Information Network, were acquired by Concur Technologies. [6] [7]
Expense management automation has two aspects: the process an employee follows in order to complete an expense claim (for example, logging a hotel receipt or submitting mobile phone records) and the activity accounts or finance staff undertake to process the claim within the finance system.
In 2016 SAP bought Concur Technologies, a provider of cloud-based travel and expense management software, for $8.3 billion, SAP's most expensive purchase to that date. [28] Analysts' reactions to the purchase were mixed, with Thomas Becker of Commerzbank questioning whether Concur was the right choice for SAP, while Credit Suisse called the ...
In October 2020, it expanded the TripActions Liquid product by adding broader expense capabilities. [17] In January 2021, TripActions raised a $155 million Series E round of funding. [18] In October 2021, TripActions raised a $275 million Series F round of funding with a valuation near $7.25 billion. It reported having 1500 employees. [19]
[5]: 1.1 The system suffered no outages during 2023; 90 percent of transactions were settled within 38 seconds, whereas 0.09 percent took more than five minutes. [ 5 ] : 2 As of end-2023, T2 had 956 direct participants holding an RTGS account, opening access to T2 settlement to 5,368 correspondents worldwide.
Sign outside T-Systems, Darmstadt, 2005 First T-Systems logo (2002-2010) Second T-Systems logo (2010-2022) Third T-Systems logo (2022-2024). T-Systems was founded in 2000, when Deutsche Telekom acquired a 50.1% stake of debis Systemhaus, one of the largest IT services companies in Germany at the time.
Susan Jean Crawford [1] (born April 22, 1947) [2] is an American lawyer, who was appointed the Convening Authority for the Guantanamo military commissions, on February 7, 2007. [3]
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