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Article: American Express and Concur Enter into Exclusive Alliance to Offer Corporate Clients T&E Expense Management Services.
- Article from:
- Investment Weekly News
- Article date:
- August 11, 2008
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American Express Company (NYSE: AXP) and Concur Technologies, Inc. (Nasdaq: CNQR), a leading provider of on-demand T&E expense management services, announced that they have entered into an alliance involving both an exclusive marketing partnership and a strategic investment by American Express in Concur.
Through the marketing alliance, Concur will exclusively promote American Express's Corporate Cards to its clients and American Express's Global Commercial Card business will exclusively promote Concur(R) Expense to its corporate clients. Concur Expense is a market leading on-demand service that streamlines and simplifies T&E expense management. With over 7,000 ...