Concur to transform expense systems

Concur, a US-based travel and expense management solutions provider, sees enormous market opportunities in the China market.

China, it said, has become the world's largest market for business travel. "China represents an enormous market opportunity, and we look forward to expanding the services we already offer multinational Chinese companies," said Mike Eberhard, president of Concur.

Apart from multinationals, Concur will serve local Chinese companies, Eberhard said. "We have been building local capability for the last five years."