Concur, an SAP company and a global provider of travel, expense and invoice management solutions, have introduced an electronic fapiao (a Chinese tax receipt) solution, developed to integrate seamlessly into China’s WeChat platform. Leveraging Concur’s global experience in electronic receipt application and WeChat’s powerful user base, the new solution will provide enterprises and their employees with an effortless spend management experience so as to effectively analyze and manage cost.
“As a global leader in travel and expense, Concur is committed to promoting the development of electronic receipt solutions around the world. With China accelerating the development of its electronic fapiao system, we have developed a localized e-Fapiao solution tailor made for the China market, combining WeChat’s hundreds of millions of users with Concur’s global expertise,” said John Gibbon, senior vice president of Platform, Concur.
“The Concur e-Fapiao solution provides real-time access to an employee’s receipt, streamlining the financial management and travel and expense claims process. It showcases the value of the ecosystem built by Concur, and our network of business suppliers and helps Chinese users process their expenses in an easy, accurate, and paperless way.” said Boonthai Hoh, managing director at Concur Greater China.
“We are very excited that WeChat’s e-Fapiao solution is now part of Concur’s Expense solutions. With Concur’s expertise in travel and expense management, we expect that the solution will allow us to deepen our connection with users and expand the usage of e-Fapiao, which will provide users with a more efficient and hassle-free expense experiences”, said John Zhuo, general manager of Industry Cooperation Department, WeChat Business Group.