Inforte Corporation to Implement and Support Demand for Concur Technologies' Employee Desktop.REDMOND, Wash.--(BUSINESS WIRE)--March 31, 1999-- Alliance Offers Scalable, Integrated Solutions Providing Fast Return on Investment Concur Technologies (Nasdaq:CNQR), a leading provider of employee facing business applications, today announced the addition of Inforte Corporation, a leading provider of enterprise-wide Internet solutions, to its Global Alliance Network. Inforte will support Concur's Employee Desktop(tm) implementation efforts throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The alliance between Concur and Inforte augments the two businesses' vision of enhanced employee productivity, streamlined business processes and rapid return on investment for mutual customers utilizing Concur's employee facing applications and Inforte's Internet Solutions Group. Concur's Employee Desktop is the leading Web-based employee business portal to automate To turn a set of manual steps into an operation that goes by itself. See automation. costly, inefficient business processes across the corporate enterprise -- among employees, partners, suppliers and service providers -- to reduce operating costs operating costs npl → gastos mpl operacionales , increase employee productivity and improve supplier management. The Employee Desktop platform integrates Concur's market leading suite of employee facing applications, including Concur's Xpense Management Solution(tm) (XMS (1) See cross memory services. (2) (eXtended Memory Specification) A programming interface that allowed DOS programs to use memory above 1MB in 286s and up. (tm)) for travel expense automation, and CompanyStore(tm) for automating procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , with corporate information and employee support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . "Traditional paper processes are wildly inefficient," stated Darius Vaskelis, Inforte's Internet Solutions Group director. "We are seeing clients receive immediate return on investment from Web-based automation solutions, such as procurement. Concur's vision for an integrated Employee Desktop sets them apart as the leading vendor in this space, and we are pleased to partner with them to bring multiplied mul·ti·ply 1 v. mul·ti·plied, mul·ti·ply·ing, mul·ti·plies v.tr. 1. To increase the amount, number, or degree of. 2. Mathematics To perform multiplication on. business value to enterprises." Inforte will support Concur with highly trained and experienced consulting professionals to provide strategic and technical consulting to configure See configuration. (software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc. Cygnus configure was a similar system developed by K. , integrate, implement and deploy Concur's Employee Desktop. Inforte's on-time, on-budget and rapid implementation methodology is instrumental to customers realizing bottom-line benefits quickly and efficiently. "Using Concur's solutions, Inforte plans to build efficient business processes and integrate operational functions, like procurement and travel expense management, that connect businesses to suppliers and vendors," stated Phil Bligh, chief executive officer of Inforte. "Concur's suite of employee facing applications with Inforte's integration expertise will empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems clients to use the Web to cut costs and attain operational excellence." "Inforte's position as a leading Internet systems integrator An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. , and reputation as an innovation leader, will provide a proven implementation methodology that will benefit Employee Desktop customers," said Steve Singh, president and chief executive officer of Concur. "We are excited about the opportunity to work with Inforte's team to successfully deliver employee facing applications quickly and efficiently." About Global Alliance Network Concur's Global Alliance Network is a network of leading global financial, travel, supplier, technology and service companies who work with Concur to extend its employee facing applications in corporations throughout the world. Concur's expertise in business process automation, combined with its Global Alliance Network partners' key competencies, ensure Concur customers receive best-of-breed solutions with rapid implementations resulting in quick ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . About Inforte Corporation Inforte Corporation is one of the nation's leading and fastest-growing systems integration consultancies. Inforte delivers high-value, mission-critical advanced solutions on time and within budget, maintaining 100% client referenceability. Inforte is recognized by its customers for its high professional standards and its rigorous, methodology-driven approach using information technology to dramatically enhance their competitive and operational positions. Inforte focuses on four practice areas -- Customer Management Solutions, Enterprise Management Solutions, Knowledge Management Solutions and the Internet Solutions Group -- where it is a best-in-class project-based solution provider. Founded in 1993, Inforte is 100% employee-owned, with offices in Chicago, Dallas and Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . For more information visit the company's Web site at http://www.inforte.com. About Concur Concur Technologies was founded in 1993 to automate costly, inefficient business processes that otherwise consume valuable time and resources. Concur develops and supports a suite of Web-based employee facing solutions for automating key business processes across the corporate enterprise. Concur has licensed its products to over 175 enterprise customers. Its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Employee Desktop(tm), integrates Concur's suite of employee facing applications through a common user interface, and provides a business portal through which corporate customers and third parties can deliver other information and services to employees. Concur's Xpense Management Solution(tm) (XMS(tm)) is the leading enterprise software for travel expense management, automating processes across hundreds of thousands of desktops. CompanyStore(tm), Concur's enterprise software for automating procurement, reduces the time and resources required to research and order supplies, equipment and other non-production office goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . More information on Concur Technologies is available via the Internet at www.concur.com. Formerly Portable Software Corporation, Concur is based in Redmond, Washington Redmond is a city in King County, Washington, USA. It is situated on the eastern edge of the Seattle urban area, in what is known as the Eastside. In 2003 the Census Bureau estimated the city population was 46,391. . Employee Desktop(TM), Xpense Management Solution(TM), XMS(TM), and CompanyStore(TM) are trademarks of Concur Technologies. All other company or product names are trademarks or registered trademarks of their respective owners. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties that could cause actual results to differ materially from current expectations. Statements made in this release that relate to future plans, events or performances or statements containing words such as "believes," "anticipates," "plans," or "expects" are forward-looking statements. These statements are based on current expectations and involve risks and uncertainties. Factors that could cause or contribute to actual results differing from current expectations include, but are not limited to, the Company's limited operating history, which makes the prediction of future operating results difficult, risks associated with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , difficulties associated with strategic relationships, and uncertainty of market acceptance of the Company's products. Please refer to the Company's public filings made with the Securities and Exchange Commission (http://www.sec.gov) for additional and more detailed information on risk factors that could cause actual results to differ materially from our current expectations. Concur assumes no obligation to update the forward-looking information contained in this press release. |
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