Integrated travel and expense service, Concur, has announced the launch of Concur TripLink. A solution for corporate users to benefit from managed travel plans, Concur TripLink allows for benefits to be gleaned even outside outside of their current programs.
In travel technology news today, Concur, an integrated travel and expense management company, announced a $5 million dollar investment in the Yapta airfare and hotel rate tracking service. Accordingly, Cloncur will now use Yapta exclusively for their TripIt Pro user accounts.
Travel startup TripIt cashes in for an estimated $120 million after only 5 years of development and customer building. Concur is said to have acquired the Web’s most utilized business travel planning tool for cash and stocks. As for the future of TripIt, Concur has not released a statement as of yet.