MetraTech Wins Concur Deal

Provider of employee spend management services to modernize its billing infrastructure

May 18, 2010

1 Min Read

NICE, France -- MetraTech Corp., the innovative charging, billing,settlement and customer care provider, today announced that Concur (NASDAQ:CNQR - News), the world's leading provider of on-demand Employee Spend Management services, has chosen MetraNet as the unified billing, settlement and customer care system that will support its next phase of growth and operational efficiency.

Over the past few years, Concur has experienced explosive growth, both organically and through acquisitions. In order to sustain the high-level of customer service and operational efficiency needed to support continued growth, the company has embarked on a program to consolidate and modernize its billing infrastructure. This involves not only merging and streamlining multiple existing billing processes, but also adding critical functionality that will support Concur's future strategies, emerging products, geographies and expansion plans, as well as customer demands.

"Our business continues to grow at a rapid pace," said Scott Torrey, EVP of Operations at Concur. "We were looking for a solution that not only will cover all our business lines today, but will be able to accommodate new opportunities in the future. Particularly important is the speed with which MetraNet could address our existing challenges, along with the flexibility it could bring to easily accommodating a variety of different products, services and business models. For Concur, MetraNet is the complete product catalog, rating, billing and settlement solution that, underpinned by dynamic business modeling, will help us keep pace with our continued growth."

MetraTech Corp.

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