SAP Concur is a cloud-based spend management suite that unifies travel booking, expense reporting and invoice (accounts payable) automation in a single platform. Originally founded as Concur Technologies in 1993, the company was acquired by SAP in 2014 and now operates as SAP Concur, serving large enterprises and mid-market organizations across most industries and geographies.
The Expense module automates the capture, categorization and itemization of receipts using OCR and the ExpenseIt feature, applies configurable spending policies, flags out-of-policy items and potential fraud, and routes reports through approval workflows before reimbursement. It integrates travel itineraries, corporate card feeds and per diem/mileage rules so that expenses can be reconciled against bookings and card transactions.
Concur is positioned as a heavily configurable, globally deployable system with an extensive partner and app ecosystem. It connects to major ERP and HR systems for posting of approved expenses, and supports multi-currency, multi-language and country-specific tax and compliance requirements, making it common in multinational deployments.