American Express Co. has added Japan to the markets where it provides corporate employee expense-reporting services in conjunction with Concur Technologies Inc., the card brand announced March 1.
The move marks the 15th country where Amex, through its global corporate payments business, and Concur jointly offer corporate expense-management systems.
Corporate customers using the service may integrate Amex payment data with Concur’s expense systems to help control employee spending and identify cost savings, Amex said in a press release.
For example, corporations may opt to receive employee spending reports that integrate general types of transactions with Amex card transactions, “helping companies identify areas of spend that are outside of company policy,” Amex said.
Such controls improve compliance with spending policies, reduce the risk of unauthorized spending and help corporations negotiate better deals with suppliers, Amex said.
Another key benefit of the service is the “globally consistent” results corporations can achieve, Jaromir Divilek, Amex senior vice president of global corporate payments, said in the release.
Amex began working with Concur on expense-management services in 2008 and has since rolled it out to various markets, including the U.S., Canada, Mexico, the United Kingdom, Germany and Australia, Amex said.
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