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Certify vs Concur
September 27, 2023 | Author: Michael Stromann
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Certify is the leading cloud-based travel and expense report management solution for companies of all sizes. Certify makes expense reports easy by automating the creation of the expense report for the employee, providing online review and approval process for managers, and streamlining the processing and reimbursement process for accountants.
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SAP Concur's easy-to-use business travel and expense management software solution helps your business save time, money and gain control. The Concur booking tool makes business travel a snap—starting with customized options that align with your company policies. You can also upload electronic folios, directly to expense reports. Concur provides full visibility into spend and the ability to ensure policy and regulatory compliance.
Certify and Concur are both popular expense management solutions that help businesses streamline and automate their expense processes. However, they have some key differences in terms of features, pricing, and user experience.
Certify offers a user-friendly interface and intuitive expense tracking features, making it easy for employees to submit and manage their expenses. It includes features such as receipt capture, expense categorization, and policy enforcement. Certify also provides features for managing travel bookings and vendor payments. It offers flexible pricing options based on the number of users and modules required.
Concur, on the other hand, is a comprehensive expense management platform that offers advanced features and integrates with various travel and financial systems. It provides features such as receipt scanning, expense policy compliance, approval workflows, and travel booking integrations. Concur is often used by larger enterprises and offers more extensive customization options. Its pricing structure is typically based on a per-user, per-month subscription model.
See also: Top 10 Expense Management software
Certify offers a user-friendly interface and intuitive expense tracking features, making it easy for employees to submit and manage their expenses. It includes features such as receipt capture, expense categorization, and policy enforcement. Certify also provides features for managing travel bookings and vendor payments. It offers flexible pricing options based on the number of users and modules required.
Concur, on the other hand, is a comprehensive expense management platform that offers advanced features and integrates with various travel and financial systems. It provides features such as receipt scanning, expense policy compliance, approval workflows, and travel booking integrations. Concur is often used by larger enterprises and offers more extensive customization options. Its pricing structure is typically based on a per-user, per-month subscription model.
See also: Top 10 Expense Management software
Certify vs Concur in our news:
2020. Expense management vendors unite to form Emburse
A consortium of six leading travel and expense management software vendors, namely Abacus, Captio, Certify, Chrome River, Nexonia, and Tallie, has consolidated into a single entity known as Emburse, with the intention of challenging SAP Concur's dominance. With a global workforce of 750 employees, Emburse aims to serve a user base exceeding 4.5 million business travelers across 14,000 customers spanning 120 countries. This consolidation process has been unfolding over the past few years, with Certify and Chrome River joining forces in the previous year. Prior to that, in 2017, Certify, Nexonia, ExpenseWatch, and Tallie merged under the Certify name, backed by a $125 million investment from K1 Investment Management, with the objective of competing against SAP Concur. In July of the same year, the combined Certify and Chrome River entities acquired Emburse, a startup specializing in virtual and physical cards for business expenses and vendor payments. On the other side of the spectrum, German business software giant SAP acquired Concur for a staggering $8.3 billion in 2015.
2016. Travel and expense management platform Concur acquired travel search Hipmunk
Concur, the renowned travel and expense platform, acquired by SAP for $8.3 billion in 2014, has recently announced its latest acquisition. Concur is purchasing Hipmunk, a travel search startup, with plans to seamlessly integrate it into its existing platform. While Concur already offers search capabilities, as a current Concur user, I can confirm that there is room for improvement, which Hipmunk's inclusion is expected to address effectively. Concur has a history of acquiring startups to enhance its functionalities, such as TripIt, which enables users to track and share travel plans, and investments made in ClearTrip. This acquisition reflects Concur's commitment to continually enhance its platform and provide a comprehensive travel and expense management solution.
2014. SAP acquires travel and expense management service Concur
SAP has made a significant move by acquiring Concur, the expense and travel management solution, for a whopping $8.3 billion. Concur boasts an impressive user base of approximately 25 million individuals across more than 150 countries. Interestingly, in 2011, Concur itself acquired the travel organizer TripIt. This acquisition places SAP in control of Concur and allows them to claim ownership of 50 million cloud users. As part of this agreement, Concur will collaborate with SAP to develop mobile applications that are contextually aware, while SAP will begin utilizing Concur's travel and expense management services. The acquisition is projected to conclude either in the fourth quarter of this year or the first quarter of 2015.
