ADP Canada Employer Services Partners with Concur to Remedy Travel & Expense Management Headaches
ADP ExPManagerSM is an intuitive, easy-to-use, on-demand service that automates each step of the corporate travel and expense management process
Toronto, January 30, 2008 — Out-of-policy business travel spending. Lost receipts. Miscalculations. Ancient claims. Questionable purchases. Cutting cheques. These, and other dreaded tasks associated with corporate travel and expense management, can now become a thing of the past for employers and employees alike, thanks to ADP ExPManager, a new automated travel and expense management service from ADP, Canada’s largest provider of outsourced business services.
Every business trip begins with booking travel and ends with reimbursement, but until now, companies had no way to manage the entire process from start to finish. Powered by Concur (NASDAQ: CNQR), the world's leading provider of on-demand Employee Spend Management services, ADP ExPManager provides companies with an efficient and cost effective method of managing and controlling the entire process of procuring, approving and reimbursing employees for corporate travel and related entertainment expenses.
According to the Association of Certified Fraud Examiners’ 2006 Report on Occupational Fraud & Abuse, fraud costs U.S. corporations an estimated 5 percent of revenues, or more than $652 billion. Of 1,134 occupational fraud cases studied from Jan. 2004 through 2006, more than 90 percent involved some type of asset misallocation, with 20 percent of that subset related to expense reimbursement.
“Finance, human resources and accounting departments are often burdened by the management and policing of travel and expense policies when in fact they should be focusing on higher priority, strategic initiatives,” said Heather Nairn-Rand, vice president of marketing and product management for ADP Canada Employer Services. “ADP ExPManager is like a lifeline for employers and administrators who are swimming against a rising tide of out-of-policy T&E spend and drowning in a sea of paper expense reports.”
ADP ExPManager is an intuitive, easy-to-use, on-demand service that automates each step of the travel and expense management process, including travel booking, expense submission, report preparation and approval, verification of policy compliance, employee reimbursement and analysis of expense data. Through one intuitive wed-based service, companies can control employee travel spend at the time of procurement, then reconcile booked data with what was actually spent, delivering unrivaled visibility and control into every aspect of corporate travel and expense management.
Key benefits for customers of ADP ExPManager include:
- Lower costs for travel by integrating front-end travel booking that enables companies to control spend before it occurs.
- Auditing and reporting capabilities to ensure employees comply with company travel policies and preferred vendors.
- Detection and prevention of fraudulent reporting of travel and business expenses by integrating company specific spending policies, ensuring that expenses are legitimate and booked within policy.
- Elimination of manual errors and/or duplicate expenses and archiving all receipts as digital images.
- Delivered as an on-demand service, eliminating expensive software, implementation, maintenance, and upgrade fees.
- Automatic report-status notification via email to both employees and approval managers.
- Safeguarding of confidential client data and data recovery support.
- Automatic transmission of corporate card charges to expense reports.
- Easily itemized everyday expenditures such as lodging expenses and business meals and capturing required information such as expense types, vendors, and meeting attendees.
- Automatic calculations, e.g. GST/PST taxes, car mileage reimbursement, totaling and error checking.
- Automated reimbursement of employee expenses through ADP payroll solutions.
“Concur is the leader in delivering on-demand services that enable organizations of all sizes to manage and control their employee spend,” said Rajeev Singh, president and chief operating officer for Concur. “This partnership enables ADP Canada to offer their clients the same powerful technology and innovations that over 6,000 Concur clients with millions of employees around the world trust and rely on every day. With access to Concur’s powerful technology, ADP Canada clients can now streamline their corporate travel and expense reporting process, enjoy enhanced visibility into all of their employee spend and drive even more costs out of their businesses.”
About Concur
Concur is the world's leading provider of on-demand Employee Spend Management services. Concur enables organizations to globally control costs by automating the processes they use to manage employee spending. Concur’s end-to-end solutions seamlessly unite online travel booking with automated expense reporting, streamline meeting management and optimize the process of managing vendor payments, employee check requests and direct reimbursements. Organizations of all sizes trust Concur to help them control spend before it occurs while eliminating paper and optimizing supplier relations. Concur’s unified approach to managing employee spend delivers a 360° view into all employee expenses, helping companies globally enforce policies and monitor vendor compliance, while delivering unprecedented control and valuable insight. Concur's suite of on-demand services reach millions of employees across thousands of organizations around the world -- streamlining business processes, reducing operating costs, improving internal controls and providing enhanced visibility and actionable expense analysis. More information about Concur is available at visit www.concur.com
About ADP Canada
ADP Canada Employer Services (ADP) is the country's leading provider of integrated business solutions that help its 50,000 clients increase productivity, ensure regulatory compliance, improve employee retention, and control costs. ADP's offerings include traditional, Web-based and comprehensive outsourcing products and services such as payroll, human resources management, time and labour management, occupational health and safety, and consulting services. ADP pays one in five Canadians. For more information about ADP call 1-866-228-9675 or visit www.adp.ca
For more information, please contact:
Don Blair Sheryl Boswell Stefanie Johansen, Weber
Environics Communications ADP Canada Shandwick for Concur,
416-920-9000 416-207-7660 425.452.5468
SJohansen@WeberShandwick.com