IBM has formed a strategic partnership with Cloud-based travel and expense management company Concur.
Under the terms of the agreement, IBM will actively promote Concur's Cloud-based expense management solutions to IBM Global Expense Reporting Solutions clients.
These clients will continue to receive the support of IBM's Global Process Service and Business Process Outsourcing operations, while migrating to Concur's travel and expense management platform.
This platform is used by customers in over 150 countries.
IBM global practice leader, Sandy Khanna, said Concur was the logical partner for IBM to deliver continued innovation in T&E services to its clients.
"We are currently seeing a fundamental shift in the T&E market toward end-to-end integrated travel management and Concur offers the leading solution for transforming the efficiency and effectiveness of the T&E process."
Concur, EVP, John Torrey, said IBM and Concur were pioneers in delivering world-class solutions.
"For 20 years, Concur has defined the market for automated expense management and reporting with a full complement of solutions that help companies and their employees with travel services, booking, expense reimbursement, spend management and invoice processing," he said.
"We are thrilled to enter into this alliance with IBM to help their customers experience the same benefits as Concur's 20,000 current customers and the 25 million travelers they represent."
Sign up for CIO Asia eNewsletters.