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Concur vs TravelPerk
September 27, 2023 | Author: Adam Levine
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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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TravelPerk gives you the safest and most flexible experience in business travel, backed up by the best support team on the planet.
See also:
Top 10 Business Travel services
Top 10 Business Travel services
Concur and TravelPerk are two popular travel and expense management platforms designed to simplify the process of corporate travel. While they share some similarities, there are key differences between the two:
1. Booking Experience: TravelPerk offers a user-friendly interface that allows travelers to book flights, accommodations, and transportation within a single platform. It provides a wide range of options, flexibility in travel choices, and the ability to compare prices. Concur, on the other hand, focuses on integration with travel agencies and offers a comprehensive booking experience through its network of partners.
2. Policy Compliance: TravelPerk enables companies to set and enforce travel policies through its platform, providing real-time policy compliance checks and notifications. It offers granular control over policy settings and helps businesses ensure adherence to their guidelines. Concur also offers policy management features, allowing companies to configure travel policies and apply them during the booking process.
3. Integration Capabilities: Concur is known for its extensive integration capabilities, connecting with various travel partners, airlines, and hotels. It seamlessly integrates with expense management systems and other enterprise tools, facilitating data synchronization and streamlining the overall travel and expense management workflow. TravelPerk also offers integrations but has a more focused approach, providing connections with popular expense management systems and travel-related APIs.
4. Pricing Model: Concur follows a traditional pricing model based on subscriptions and transaction fees. TravelPerk, on the other hand, offers a transparent pricing structure with a subscription-based model that includes access to the platform's features and services without additional transaction fees.
See also: Top 10 Business Travel services
1. Booking Experience: TravelPerk offers a user-friendly interface that allows travelers to book flights, accommodations, and transportation within a single platform. It provides a wide range of options, flexibility in travel choices, and the ability to compare prices. Concur, on the other hand, focuses on integration with travel agencies and offers a comprehensive booking experience through its network of partners.
2. Policy Compliance: TravelPerk enables companies to set and enforce travel policies through its platform, providing real-time policy compliance checks and notifications. It offers granular control over policy settings and helps businesses ensure adherence to their guidelines. Concur also offers policy management features, allowing companies to configure travel policies and apply them during the booking process.
3. Integration Capabilities: Concur is known for its extensive integration capabilities, connecting with various travel partners, airlines, and hotels. It seamlessly integrates with expense management systems and other enterprise tools, facilitating data synchronization and streamlining the overall travel and expense management workflow. TravelPerk also offers integrations but has a more focused approach, providing connections with popular expense management systems and travel-related APIs.
4. Pricing Model: Concur follows a traditional pricing model based on subscriptions and transaction fees. TravelPerk, on the other hand, offers a transparent pricing structure with a subscription-based model that includes access to the platform's features and services without additional transaction fees.
See also: Top 10 Business Travel services
Concur vs TravelPerk in our news:
2021. Business trip platform TravelPerk buys rival NexTravel
Barcelona-based TravelPerk has acquired its US-based competitor, NexTravel, as the travel sector seeks consolidation amidst the challenges posed by COVID-19. The intention is to gradually transition NexTravel users onto TravelPerk's platform. However, the NexTravel team will continue to provide support for their product in the foreseeable future. They will work on identifying and addressing any functional differences to ensure a seamless transition for NexTravel customers in due course.
2020. TravelPerk launches an open API platform to extend its work trip SaaS
Business travel SaaS startup TravelPerk has recently introduced an open API-based platform, enabling its customers and partners to create custom integrations and applications. Initially, the APIs cater to HR and expense management use-cases, and additional APIs will be incorporated based on growing usage and demand. The developers aim for TravelPerk to be an inclusive tool that seamlessly coexists with numerous other SaaS tools. By providing a free and fully open API platform, they anticipate the development of numerous applications and customer integrations in the coming months.
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.
