SAP Concur Is a Collateral Victim of the Collapse in Business Travel
Lufthansa Group's first-class lounge at Munich Airport. Business travel has been hurt by the pandemic. Software giant SAP reported that its business travel expense management unit Concur saw revenue drop 11 percent year-over-year in the quarter. Lufthansa Group
Skift Take: SAP has pared back its own business travel. It probably had those cuts in mind when it lowered forecasts for its Concur unit, which offers travel expense management software.
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