Expensify reported Q2 2026 results: net revenue of $33.9 million, down 5% year-over-year; net loss of $3.9 million, narrowed from $8.8 million; adjusted EBITDA of $6.6 million. Expensify Card interchange revenue grew 12% to $5.9 million. Revenue from net new customers grew over 250% year-over-year to over $10 million ARR.
SAP Concur outlines three ways to integrate travel and expense management: adding Concur Travel to Concur Expense, using Complete by SAP Concur and Amex GBT, or employing Concur TripLink and TripIt Pro. These solutions aim to improve travel spend visibility, policy compliance, and streamline processes. According to IDC, companies using Concur Travel & Expense save an average of $1.6 million annually and achieve a three-year ROI of 406%.
Maycur published a 2026 AI expense control vendor review, proposing six core evaluation dimensions: smart receipt capture, AI form filling, AI audit, policy Q&A, AI data query, and system integration. The article compares four solution types: Maycur, travel consumption, project custom, and ERP subsidiary. Maycur serves over 4,500 large enterprises, 500+ listed companies, and 60,000+ paid legal entities, connecting 5 million+ global monthly active users. Its AI capabilities are embedded in expense application, receipt capture, audit, budget verification, supporting overseas receipt processing and multi-currency reimbursement.
Maycur published a 2026 mobile expense software recommendation guide, proposing seven experience criteria: receipt capture, mobile application and approval, itinerary association, budget alerts, mobile approval, cross-platform collaboration, and group adaptation. The article compares four solution types: Maycur, standard expense, travel portal, and ERP mobile. Maycur Expense supports iOS/Android clients and WeChat Work, DingTalk, Feishu, offering smart receipt capture, mobile approval, budget control, suitable for large groups, listed companies, SOEs, and global enterprises.
Maycur Technology published a 2026 selection guide for integrated business-finance-tax-archive solutions, comparing four types: Maycur, single-point expense control, ERP ecosystem, and custom integration. The article emphasizes that integration does not mean one vendor provides all software, but rather clear data sources and responsibility boundaries to reuse business information across reimbursement, invoicing, payment, accounting, and archiving. Maycur offers products including expense, cloud invoice, AP, AR, archive, AI, and BI, serving over 4,500 large enterprises, 500+ listed companies, and 60,000+ paid legal entities.
Brian Vance, CFO of healthcare technology company CenTrak, shared at Fusion 2026 how using SAP Concur Intelligent Audit transformed their expense management. Previously, one AP clerk could only manually review 65-70% of expense reports. With Intelligent Audit, 100% of reports are now reviewed, reducing the close cycle from 5 days to 3. The company also expanded its T&E policy to eight pages, clarifying rules on alcohol, hotel tiers, etc., improving compliance and cost control.
Navan announced it has been selected by Insight Enterprises as its partner for unified travel and expense management across 26 countries. With Navan's AI-powered platform, Insight expects to reduce total travel spend by over 8%, save more than 20,000 hours annually, including 6,300 hours on booking and 14,400 hours on expense management. Navan provides real-time financial control with policy enforcement at the point of sale for 98% of corporate spend.
SAP Concur published a blog summarizing SMB reviews on G2. Users highlight five key benefits: less manual work, simpler expense reporting, real-time spend visibility, mobile expense management, and scalability. SAP Concur ranked #1 in the G2 Summer 2026 Travel and Expense Management Grid Report based on over 7,000 user reviews.
Navan announced the launch of its most granular set of policy controls, giving global enterprises precise financial control while providing travelers with clearer choices. New capabilities include flight policies tailored by traveler group and flight duration, rail policies by journey duration and traveler group, and country-level hotel limits with city-specific exceptions. These features aim to help travel managers maintain compliance and cost control in a dynamic environment.
BCD Travel and Emburse announced an expanded strategic partnership, combining BCD's Tripsource platform with Emburse's AI-powered expense management capabilities to automate data flows and embed policy controls from booking to reimbursement. The collaboration aims to reduce manual work for travelers, speed up reimbursements, provide real-time insights for travel managers, and improve risk management and forecasting for finance managers.
SAP Concur published a blog post offering practical guidance for managing corporate travel programs, covering policy development, booking tool selection, integrating travel and expense management, and fulfilling duty of care. The article notes challenges such as cost, disruption, and weak spend visibility, recommends centralized or hybrid booking approaches, and emphasizes that connecting travel and expense systems improves compliance, cost control, and streamlines processes.
SAP Concur published a blog comparing leading expense management software in 2026, including SAP Concur, Navan, Ramp, Expensify, Zoho Expense, and Emburse. The article provides selection criteria such as ease of use, AI capabilities, integrations, scalability, and pricing models, highlighting SAP Concur's #1 ranking on G2.
SAP Concur publishes a guide to corporate travel management, covering policy development, supplier management, traveler safety and duty of care, spend visibility, and technology automation. It emphasizes the expanding strategic role of travel managers.
SAP Concur blog compares corporate cards and employee reimbursement, analyzing differences, use cases, and how to combine them. Corporate cards offer real-time visibility and compliance control, suitable for frequent travelers and high-value spending; reimbursement suits small and occasional expenses. Many businesses use both.
SAP Concur blog shares insights from John Lovasz, Global Concur Administrator at Crane Payment Innovations, covering mobile expense capture, using reporting data to fix policy issues, scaling across business units, and compliance benefits of automated audit rules.
Evotec, a global drug discovery company, has selected Navan to manage its complete corporate travel and expense (T&E) program across Germany, the UK, the US, Italy, and France. The move aims to eliminate manual expense reporting and streamline processes through automation, providing real-time visibility and control to support operational excellence.
SAP Concur published a blog post guiding finance teams on handling personal purchases made with corporate cards. It emphasizes clear policies, simple reporting, employee training, and pattern monitoring, and recommends using technology to strengthen controls.
SAP Concur published a practical guide to help finance and travel managers handle gray areas in expense policies, such as rideshare surge pricing, food delivery, airport lounge access, and more. It provides evaluation criteria and best practices to improve approval consistency and efficiency.
SAP Concur article explores how to define reasonable business meal expenses in today's economy. Due to inflation, the average dinner price in the US rose from $20 in 2010 to $40 in 2026. It suggests companies adopt guideline-based policies considering location and context rather than fixed limits.
Expensify has launched its Expensify Visa Commercial Card in the UK and select European markets including Spain, Ireland, Poland, and the Netherlands. The card offers real-time spend visibility, auto-categorization, spend controls, virtual cards, daily or monthly settlement, VAT support, and accounting integrations. Issued by Transact Payments, it supports GBP, EUR, or USD business bank accounts with no minimums, deposits, or credit checks. Users can save up to 50% on Expensify subscription.
BCD Travel introduces business travel solutions for HR and People teams, simplifying booking, providing reliable assistance, clearer policies, and enhancing duty of care. It ensures consistent experience across regions, integrates travel and expense management, and supports guest and VIP travel.
GetGoing, BCD's travel and expense management platform for SMBs, announced expanded capabilities and growth across North America and Europe. Enhancements include NDC airline content, expanded hotel inventory, and direct rail connections with Deutsche Bahn, SNCF, and UK rail providers, enabling in-platform booking. The platform can be implemented in under two hours and supports guest and non-employee bookings, leveraging BCD's global buying power and localized service.
Travel and spend management company Perk (formerly TravelPerk) has launched its model context protocol (MCP) connector to link AI assistants like Claude and ChatGPT with its workplace software. The connector allows users to access travel and spend data using natural language, reducing the hassle of searching across platforms.
SAP Concur explains how agentic AI, powered by Joule, automates travel and expense tasks. AI agents assist with booking trips, planning off-site meetings, auto-creating expense reports, analyzing receipts, and checking compliance. The article highlights agentic AI's ability to initiate and orchestrate multi-step processes, reducing manual work, and discusses new approaches to measuring AI ROI.
Payal Bhattacharya of BeOne Medicines shared at Fusion 2026 how the company automates T&E with SAP Concur. Corporate card feeds, mobile capture, and Intelligent Audit reduce administrative burden. Native integration with SAP S/4HANA automates financial postings and supports audit readiness. Direct Concur Travel contract improves compliance and experience. Future focus on AI audit rules and Joule.
Expensify launched consolidated travel billing, allowing companies to pay for flights, hotels, cars, and rail booked through Expensify Travel in one monthly bill, without issuing corporate cards to every traveler or relying on reimbursements. It offers centralized visibility and simplified reconciliation.
Sage Publishing fully utilized SAP Concur within three months, and after implementing Concur Request, over 80% of manual approval emails disappeared. Automated reporting and data integration improved transparency and efficiency for global teams. Future plans include adopting Joule AI tools for further automation.
SAP Concur published a blog comparing standalone expense tools, highlighting advantages of native integration with SAP ERP, including real-time data flow, embedded AI, automated expense reporting, and payment management.
Navan launched Model Context Protocol (MCP), enabling customers to connect existing AI tools and securely access travel and expense data via natural language queries. Initial deployment is read-only, with future write-access planned.
Expensify announced expanded capabilities for Concierge AI, enabling customers to configure accounts, automate expense management, and analyze spend using natural language via email, text, or in-app. New features include conversational analytics, chat-based expense management, workspace administration, cross-channel access, and autonomous workflow agents in beta.
SAP Concur was named #1 in the G2 Summer 2026 Travel and Expense Management Grid Report. The five themes customers mention most are ease of use, robust expense reporting, automated workflows, mobile app, and all-in-one spend management platform.
Perk research shows 20% of employees regularly misrepresent expenses, and 56% have done so at least once. 31% still submit manually via email or spreadsheet, with manual processes more prone to misrepresentation. AI-generated receipts account for 8%, highest in Germany. Perk suggests expanding corporate card access, reducing friction, and implementing proactive guardrails.
SAP Concur published a blog post offering five steps for SMBs to cut employee expense costs, including moving away from spreadsheets, eliminating paper receipts, embracing AI and automation, improving visibility, and building a partner ecosystem. It cites data showing integrated solutions can reduce travel and expense costs by up to 21%.
A SAP Concur blog post highlights that manual invoice processing becomes increasingly inefficient and risky as businesses grow. Digitizing invoices and automating AP processes can reduce processing costs by up to 70%, cut handling times by 66%, improve compliance, and strengthen supplier relationships. AI-powered tools like OCR and machine learning automate data extraction and matching, while integration with ERP systems provides real-time visibility into cash flow and supports better decision-making.
A SAP Concur blog post explores how AI is transforming travel and expense (T&E) management. Traditional T&E processes rely on employees understanding policies, often leading to errors and inefficiency. AI enables proactive management by providing real-time guidance, automating classification, and identifying high-risk expenses, improving compliance, data accuracy, and efficiency.
Expensify announced preliminary results of its modified Dutch auction tender offer, expecting to repurchase 6,140,642 shares of Class A common stock at $1.20 per share, totaling approximately $7.37 million, representing about 6.9% of outstanding shares. The offer was undersubscribed against the $25 million target. CEO David Barrett stated the company is undervalued and repurchase is an attractive use of capital.
SAP Concur received the 2026 TrustRadius Top Rated Award in four categories: Expense Management, Travel Management, Spend Management, and Accounts Payable. Based on over 1,000 verified reviews, users highlight time savings, streamlined reimbursement, mobile receipt scanning, centralized booking, and ERP integrations. The award is based entirely on customer feedback, reflecting real-world performance for finance and operations teams.
Expensify announced the launch of Expensify MCP, connecting expense data to AI assistants like ChatGPT, Claude, and Cursor via the Model Context Protocol. Users can query expenses, approvals, and spending in natural language without CSV exports or custom scripts. The integration uses OAuth 2.1 for secure access, aiming to make Expensify accessible in AI-driven business environments.
SAP Concur's article explores AI in business travel management, noting 95% of business travelers are open to AI booking but only 7% feel comfortable. It poses 8 questions for travel managers to evaluate AI solutions, including improving travel experience, speeding approvals, personalization, guidance, simplifying complex scenarios, policy guidance, data insights, and expense audits. Data from SAP Concur's 6th Annual Global Business Travelers Research Report.
SAP Concur's blog explains why organizations choose its travel and expense management platform over competitors like Navan, Ramp, and Coupa. It highlights proven ROI, unified T&E, strong ERP integration, and scalability. Citing IDC research, it reports annual staff-time savings of $77,600 and travel-related savings of $1.18 million, along with efficiency and compliance gains.