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Stock impact report

Cardata Announces Integration with Concur Expense to Optimize Vehicle Reimbursement [Yahoo! Finance]

SAP SE ADS (SAP) 
Last sap se ads earnings: 4/21 01:00 am Check Earnings Report
US:NYSE Investor Relations: sap.com/investors/en.html
Company Research Source: Yahoo! Finance
available on the SAP Concur App Center in Canada and the US. This partnership streamlines mileage expense reporting and lets organizations provide accurate, tax-free reimbursements for all employee drivers within a single platform. It does so by leveraging automated mileage capture tools and individualized IRS-compliant reimbursement rates, all seamlessly integrated into Concur Expense. The integration addresses a critical business need for companies whose employees use personal cars for work: the ability to leverage Fixed and Variable Rate, Cents per Mile, and Tax-Free Car Allowance programs all in one place. Organizations using Concur Expense can now access Cardata's mileage software, vehicle cost database, and expertise in IRS-compliant programs within their existing expense management workflows. "This integration with SAP Concur represents a major advancement in mobility strategy," said Lee Adam, Senior Product Marketing Manager. "Our data shows that most organizations achieve Show less Read more
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