Concur Technologies, Inc. (Concur) is engaged in providing integrated travel and expense management solutions for companies of all industries and sizes. The Company is a wholly owned subsidiary of SAP. It provides cloud computing software solutions primarily on a subscription basis. The Company’s cloud computing solutions help companies in streamlining the expense management, travel procurement, itinerary management and invoice management processes. The Company’s solutions provide detailed information to help its customers negotiate with vendors, create budgets and manage compliance. Concur offers a range of solutions including integrated travel and expense management solutions, online travel procurement solutions, itinerary management solutions, automated expense management solutions and other services. As of September 30, 2014, the Company had over 25,000 customers in over 150 countries.