SAP Concur (formerly Concur Technologies) is an American
SaaS company providing travel and expense management services to businesses.[4] It is headquartered in
Bellevue, Washington.[4]SAP SE agreed to acquire Concur Technologies in September 2014 for $8.3 billion.[4] The deal was completed in December 2014.[2]
History
SAP Concur was co-founded by Mike Hilton and brothers Rajeev Singh and Steve Singh.[5] It was headed by Mike Eberhard from November 2016 until April 2019, when he stepped down and was replaced by Jim Lucier as company president.[6][7][8] SAP Concur is a part of SAP's Business Network Group,[9] beside
SAP Ariba and SAP Fieldglass.
SAP entered into an agreement to acquire Concur Technologies[11] for US$8.3 billion.[12] The acquisition was completed on December 4, 2014.[13][14]
In 2016, Concur acquired Hipmunk, a startup company offering a flight and hotel search website.[15]
During an August 2018 briefing, the
Department of Defense announced that it was partnering with SAP Concur to update the Defense Travel System used for active duty, reserve, and civilian personnel of the DOD.[16]