Concur Expands Into Brazil

Cloud-based travel and expense management company Concur yesterday announced it is entering Brazil. If you’re not familiar with Concur, the platform offers a fully connected travel and expense platform ecosystem that integrates its products, suppliers and partners.

Brazil is the 9th largest market globally for business travel with $30.5B in spend and a key market in Concur’s global growth strategy. With the launch, Concur will have a lock on the top 10 global markets for business travel according to GBTA.

The opportunity in Brazil has connections to the recent recession. Despite no local market investment or presence to date, Concur is the leading travel and expense provider in Brazil with more than 160 local customers using Concur solutions – and demand is quickly growing. During a recession, companies tend to evaluate and review costs more closely. Concur helps companies bring greater transparency and control to their travel and expenses which builds trust with stakeholders.

If you want to learn more about Concur surf over to concur.com or the Concur blog.

 

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