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Concur vs Divvy
September 27, 2023 | Author: Michael Stromann
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SAP Concur's easy-to-use business travel and expense management software solution helps your business save time, money and gain control. The Concur booking tool makes business travel a snap—starting with customized options that align with your company policies. You can also upload electronic folios, directly to expense reports. Concur provides full visibility into spend and the ability to ensure policy and regulatory compliance.
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Expense Management & Business Budgeting Software. Simplify your business' expense reports with Divvy. Submit expense reports, budget, reimburse employees, and manage virtual cards right from Divvy's platform.
Concur and Divvy are both popular expense management platforms, but they offer distinct features and functionalities to cater to different business needs. Concur is known for its comprehensive suite of expense management solutions, including travel booking, expense reporting, and invoice processing. It is a robust platform suitable for large enterprises with complex expense management requirements. On the other hand, Divvy focuses on real-time budgeting and expense tracking, providing virtual cards to control spending and monitor expenses in real-time. Divvy's user-friendly interface and seamless integration with accounting software make it an excellent choice for small to medium-sized businesses looking for a more proactive approach to expense management.
See also: Top 10 Expense Management software
See also: Top 10 Expense Management software
Concur vs Divvy in our news:
2016. Travel and expense management platform Concur acquired travel search Hipmunk
Concur, the renowned travel and expense platform, acquired by SAP for $8.3 billion in 2014, has recently announced its latest acquisition. Concur is purchasing Hipmunk, a travel search startup, with plans to seamlessly integrate it into its existing platform. While Concur already offers search capabilities, as a current Concur user, I can confirm that there is room for improvement, which Hipmunk's inclusion is expected to address effectively. Concur has a history of acquiring startups to enhance its functionalities, such as TripIt, which enables users to track and share travel plans, and investments made in ClearTrip. This acquisition reflects Concur's commitment to continually enhance its platform and provide a comprehensive travel and expense management solution.
2014. SAP acquires travel and expense management service Concur
SAP has made a significant move by acquiring Concur, the expense and travel management solution, for a whopping $8.3 billion. Concur boasts an impressive user base of approximately 25 million individuals across more than 150 countries. Interestingly, in 2011, Concur itself acquired the travel organizer TripIt. This acquisition places SAP in control of Concur and allows them to claim ownership of 50 million cloud users. As part of this agreement, Concur will collaborate with SAP to develop mobile applications that are contextually aware, while SAP will begin utilizing Concur's travel and expense management services. The acquisition is projected to conclude either in the fourth quarter of this year or the first quarter of 2015.
