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SAP Concur and Mastercard announce new partnership

Friday 5th April, 2024

SAP Concur has announced a new partnership with Mastercard, a global technology company in the payments industry, to simplify the expense process.

Through a new integration, purchases made on Mastercard corporate cards are captured and automatically populated in Concur Expense; users are alerted immediately if additional information is needed. With real-time spend data, customers can achieve compliance while users can enjoy an improved experience with automated expense creation. What’s more, customers can continue banking with preferred partners and utilising existing card programs.

“Our work with Mastercard is a significant milestone in our journey to deliver the expense report that practically manages itself,” said Chris Juneau, head of market strategy at SAP Concur. “As the industry leader in travel and expense management, we are reimagining the expense experience for our SMB and enterprise customers globally.”

The integration will be available to select customers globally starting in the second quarter 2024. As part of the new partnership, we’re also working with Mastercard to provide travel and finance managers with the power to set spending controls and restrictions to help encourage expense policy compliance.

“Combining Mastercard’s digital payments expertise with SAP Concur’s integrated expense management solution will create a simpler and more efficient experience for businesses and employees around the world,” added Rebecca Meeker, Senior Vice President, Global Partnerships and Segments, Mastercard. “This is another step in our partnership with SAP Concur to collaborate on fast, secure and transparent payments, expenses and invoicing solutions.”

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Avalara

Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, eCommerce and other financial management system providers, Avalara delivers cloudbased compliance solutions for various transactional taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Canada, the U.K., Belgium, Brazil, and India.