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ACCT TECH: Concur Introduces Receipt Store


June 1, 2011 (SmartPros) Receipt Store added to broad array of imaging options that help Concur clients eliminate millions of pieces of paper each month.



Concur today announced the latest update to help Concur® Breeze and Concur® Premier clients manage and eliminate paper from their businesses. With the introduction of the Receipt Store – which enables individuals to email their receipt images to a central repository and easily assign them to line-item expenses – Concur clients now have more choices than ever for managing receipts and invoice images and eliminating the costs associated with handling all that paper.
 
“From the time that Concur first pioneered receipt imaging for expense reporting, we’ve continued to innovate to help our clients eliminate paper and improve efficiencies,” said Rajeev Singh, president and COO of Concur. “We now process over 3 million images a month, with the total number of images processed to-date for our clients now approaching 100 million. These latest innovations help employees to quickly and easily submit expenses and provide their companies with enhanced visibility into the line item details of every expense report.”
 
Concur introduced receipt imaging to the expense reporting process over 10 years ago, and continues to deliver more and better paperless innovations at no extra cost to clients, including:
New Receipt Store – Users can now email receipt images from any source to a central receipt repository and easily access those secure images in order to assign them to specific expense line items. The increased visibility at the line item level makes it easier to audit expense reports or flag expense reports missing receipts for specific expenses.

Mobile Receipt Imaging – Concur clients can use their smartphone camera to capture receipt images at the point of purchase and instantly attach them to their expense report or send them to the Receipt Store for later use.
Fax/Scan and Attach – Using any fax machine, desktop scanner or all-in-one device, users can automatically attach their receipt images to the appropriate report.
 
E-receipts – A Concur exclusive, participating suppliers send complete electronic receipts with comprehensive folio data directly to the Concur expense report, where it is automatically matched with credit card and itinerary data to produce Smart Expenses™ that require no additional approvals.
In addition to including these time and money-saving advances in imaging as part of its core service, Concur also provides extended services for clients that would like off-load the entire imaging process:
Receipt Service – Specifically designed for organizations that handle high volumes or paper or who want to lighten the load for their employees.

Invoice Capture – One central location processes all invoices, whether paper, email or fax, to help streamline the invoice payment process.

2011 SmartPros Ltd. All rights reserved.

Source: Concur

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