MetricStream, a market leader in Governance, Risk, and Compliance (GRC) solutions announced the integration of its applications with Concur, a leading provider of integrated travel and expense management services. Through the power of the Concur T&E Cloud, this application will integrate travel and expense management with audits and compliance management. The integration enables Concur and MetricStream customers to capture and manage travel and entertainment transactions, track compliance with relevant regulations and corporate policies, and help reduce incidents of non-compliance.
“Companies face a number of challenges in aligning their increasing travel and other expenditure patterns with relevant regulations, corporate policies, and budgets” said Gaurav Kapoor, Chief Operating Officer at MetricStream. “Our partnership with Concur is targeted at automating and improving travel and expense management through better compliance with policies and more streamlined audits. Our Zaplet platform, compliance capabilities, and big data analytics, integrated with Concur’s travel and expense management capabilities, will offer customers a one-stop destination for managing travel and expense governance.”
“We are focused on creating an ecosystem of partners with innovative new products and services for our customers and their employees,” said Jigish Avalani, SVP and GM of Concur Platform Developer Services. “Through MetricStream’s integration with the Concur T&E Cloud, customers will soon have the ability to identify errant transactions before a trip is taken, maintain consistent compliance within their travel policies and reduce overall travel spend.”
MetricStream’s solutions are used by some of the best-known companies worldwide to manage their risk, compliance, and governance requirements. Zaplet, the company’s open and flexible cloud platform, harnesses the power of Platform-as-a-Service (PaaS) to help companies build, deploy, distribute, and manage specialised GRC applications.
The MetricStream app will be available soon in Zaplet’s GRC App Store and the Concur App Centre.
EP News Bureau– Mumbai