Visage Receives Strategic Investment From The Concur Perfect Trip Fund To Address The Final Frontier In Expense Management, Data And Analytics

Visage logo 9.7.12Visage Mobile, Inc., the SaaS enterprise mobility management (EMM) solution, today announced a strategic investment by Concur (NASDAQ: CNQR), the global leader in integrated travel and expense management, through the Concur Perfect Trip™ Fund.

Our strategic relationship with Concur makes perfect sense, marrying our symbiotic strengths in business travel, expense management and mobility,” said Bzur Haun, CEO at Visage. “Mobility enables productive business travel and travel drives increased mobile usage. Mobility is the last frontier of business expense management, and Visage’s data, analytics and cost management tools help drive the strategy and execution of an effective and efficient mobile program.

Our ongoing strategic partnership and new investment in Visage provide Concur customers with more mission-critical tools to address mobility cost management, data and analytics,” said John Torrey, Executive Vice President, Corporate Strategy at Concur. “We are committed to driving the innovation agenda for the travel industry and smart, entrepreneurial companies like Visage are helping to shape the future of business travel.

This is the third strategic initiative between the two companies. Visage and Concur had previously announced the integration of their core expense products followed by the launch of Visage MXP, an automated expense management solution that addresses the growing trend of Bring Your Own Device (BYOD) mobility, also known as “employee paid” (where employees get reimbursed for all or part of their mobility expense). Visage will also be an active and featured participant at The Perfect Trip DevCon, Concur’s first developer conference for travel and entertainment innovations in San Francisco on October 2, 2013.

source : efy-times

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