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ADP Forms Alliance with Concur Technologies to Offer A Web-Based Travel and Expense Management Solution.


Business Editors

ROSELAND, NJ--(BUSINESS WIRE)--July 31, 2000

"Anytime, Anywhere" Internet Provides Mid-sized Clients with

Powerful Tool to Automate and Reduce the Costs of the Expense

Reporting Process

True to its 50-year tradition of helping mid-sized businesses streamline their administrative functions, Automatic Data Processing Same as data processing. , Inc. (ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing.

(2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp.
(R)) Major Account Services today announced an alliance with Concur Technologies, the leading provider of corporate expense management solutions, to offer a Web-based travel and expense management application. An extension of ADP's recruitment through retirement employee administration product and service spectrum for mid-sized businesses, this solution enables clients to reduce the average cost of processing an expense report from $36 down to $10 by automating the expense report submission and approval process. The system further expedites the reporting process by allowing reimbursement through ADP payroll services.

"This partnership with Concur underscores our commitment to providing our clients with innovative, best-in-breed Internet-based solutions that help them reduce labor-intensive and time-consuming tasks and refocus them onto mission-critical functions, " said George Stoeckert, President, ADP Major Accounts Services. "Concur's industry leading travel and expense application will further help our clients keep their valuable resources focused on their core businesses and provide them with a more efficient expense reporting and reimbursement process."

With Concur Expense(R) employees can access a secure Web site hosted by Concur to prepare and submit expense reports in a faster and more accurate manner at their convenience from either the office, the road or at home from any standard Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . Supervisors are instantly notified of new expense reports and can review and approve the request online. The employee submitting the report receives e-mails regarding the status of approvals, ensuring the prompt processing of reports and protecting against approval forms or receipts being lost in interoffice in·ter·of·fice  
adj.
Transmitted or taking place between offices, especially those of a single organization: an interoffice memo; interoffice conferences. 
 transmission or forms being rejected for improper submission.

This new solution is easy to use for employees and also features several enhancements that simplify system administration. The delivery of the application via the Internet reduces the pressure on a business' IT staff to implement and maintain complicated software. In addition, the employee can define configuration options or select from a variety of `best practices' approaches that will provide a customized fit for each company's internal expense processing requirements including defining reimbursable expenses and reporting formats. Concur Expense also provides the ability to obtain reimbursement through an ADP payroll system and provides export files that allows integration with internal accounts payable or general ledger General Ledger

A company's accounting records. This formal ledger contains all the financial accounts and statements of a business.

Notes:
The ledger uses two columns: one records debits, the other has offsetting credits.
 systems. The solution is also viable for smaller and larger companies.

"This alliance enables ADP to offer Concur's premier expense management solution to more than 25,000 clients," said Steve Singh, Chairman and Chief Executive Officer, Concur. "ADP's selection of Concur as its partner is a tremendous validation of our expense management solutions and application service provider offering."

About ADP

Automatic Data Processing, Inc. (NYSE NYSE

See: New York Stock Exchange
:AUD AUD

In currencies, this is the abbreviation for the Australian Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
) is one of the largest global providers of computerized transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
, data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another.  and information services See Information Systems. , with more than $6 billion in revenues and more than 450,000 clients worldwide. ADP's Employer Services (ES) Division is a leading provider of integrated business administrative solutions that help clients efficiently manage their internal processes, allowing them to focus on core competencies. ADP ES' offerings include both traditional and Internet-based outsourcing products and services, giving clients the ability to select from ADP's comprehensive range of World Class Service solutions. Services include: payroll, tax regulatory management, HRMS HRMS Human Resource Management System
HRMS High Resolution Microwave Survey (SETI, Project Phoenix)
HRMS High Resolution Mass Spectroscopy
HRMS High Resolution Molecular Spectroscopy
HRMS Human Resources Management Specialist
, benefits administration, time and labor management, retirement plan services, online recruiting, and pre-employment screening.

For more information about ADP Employer Services, or to contact a local ADP sales office, reach us at 1.800.225.5237, ext. 124, or visit the company's Web site at www.adp.com.

About Concur Technologies

Concur Technologies, Inc.(TM) (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: CNQR) is the worldwide leading provider of corporate expense management solutions. Concur automates the entire expense management process, allowing companies to better leverage their most limited resources: time, money, and energy. Concur's solutions fit businesses of all sizes, and can be delivered through licensed and Application Service Provider (ASP) models. Concur's customers include more than 500 companies, representing over 2.7 million employees, across more than 20 countries, including AT&T, Daimler-Chrysler, First Union, and Pfizer. Concur's strategic alliances include more than 50 world class organizations including ADP, American Express, Exodus, KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
, Microsoft, Nortel Networks, and SAFECO. More information is available via the Internet at www.concur.com.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 31, 2000
Words:729
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