Concur Technologies, Inc.
), a global company providing integrated travel and expense
management solutions, recently entered into a partnership with
StayinFront Inc. to extend its services. StayinFront is a premier
global provider of cloud-based customer relationship management
(CRM) solutions to diversified companies.
StayinFront offers mobile access for field executives in the
pharmaceutical industry, using Androids, iPads and iPhones. Its
CRM software is currently available on demand, which is used on
premises globally by many companies.
This partnership will make the two CRM solutions of
StayinFront, named StayinFront TouchRx and
applications available in the new
Concur App Center
. The new App centre from Concur is primarily targeted towards
simplifying call and expense reporting for business travelers.
The use of this App will enable the field sales representatives
work more efficiently by reducing reporting time due to a single
point data entry requirement rather than multiple data entry
system of the erstwhile setup and increased focus on
This partnership, combining the best of both the companies,
will be yet another addition to the bouquet of multiple
partnerships of Concur. In the last few months, the company
entered into a number of strategic partnerships with various
companies. These include Egencia, the business travel division of
), Universal VAT Services, and privately-owned company conTgo.
Such aggressive partnership strategy is expected to benefit
Concur in the lon run and augment its revenues.
Concur currently holds a Zacks Rank #3 (Hold). Other players
in the industry include
NQ Mobile Inc.
Progress Software Corp.
), each having a Zacks Rank #1 (Strong Buy).
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