Groupize partners with SAP® Concur® Organization to offer Concur® Event Management by Groupize

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BOSTON–(COMMERCIAL THREAD) –Group, one of the industry’s most innovative all-in-one platforms for enterprise-wide meeting and event management, is proud to extend its partnership to enable an extension of the SAP Concur solution Concur® Event Management by Groupize.

Groupize pioneered self-service online booking (OBT) tools for events and meetings. This new solution extension is part of a timely alliance with the SAP okay organization. The collaboration offers tremendous value to customers and partners using SAP Concur technology, including travel management companies (TMCs). Groupize will continue to operate independently, with no changes in the ownership or structure of the business that will impact customers, travel partners or operations.

Groupize’s partnership with the SAP Concur organization opens the door to a growing event technology market. This segment has seen an explosion of investments, led by Cvent, which recently announced its intention to go public at a valuation of $ 5.3 billion, and $ 7.75 billion, raising over $ 1 billion in just two years.

“We are delighted to align ourselves with SAP Concur, a visionary brand and a dominant sales organization,” explains Alisa de Gaspe Beaubien, CEO of Groupize. “This launch couldn’t have come at a better time as more organizations turn to technology transformations to automate processes, mitigate risk and control unmanaged spend. As travel and meetings converge, businesses are consolidating their technology stacks and investing in modernizing events to drive engagement and measure ROI. With over 800 new event technology brands emerging over the past year and a half, the SAP Concur partnership further validates our vision of providing easy-to-use OBTs to centralize and simplify meetings and events.

Concur Event Management by Groupize is a natural extension of the Concur® Expense and Concur® Travel solutions. It is designed to handle one of the biggest areas of unmanaged expense for businesses, such as internal and external meetings. The solution digitizes day-long meetings, road shows, projects, crew travel, trainings, guest air, workshops, conferences and many multi-traveler use cases in a streamlined end-to-end experience.

“Business travel is coming back much more – and faster than expected,” said Charles de Gaspe Beaubien, Founder and Chief Client Officer of Groupize. “The Groupize platform is ideal for any use case, and we are honored to work with SAP Concur to revolutionize the world of meetings and events. ”

For more information on Concur Event Management by Groupize, please visit concur.com/event-management.

About Groupize

Winner of the Phocuswright Innovation Award, BTN Top 25 Most Influential, and Skift 2019 Corporate Travel Innovators, Groupize is committed to reinventing event management with easy-to-use tools that simplify all processes in a meeting’s lifecycle. business, creating better results for all stakeholders. We turn the difficulty into the simple, let the unknown know, and put an end to tedious tasks while controlling the vast majority of a company’s unmanaged expenses.

For more information, please call 1.855.GROUPIZE, or visit groupize.com.

All statements contained in this press release that are not historical facts are forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in the documents filed by SAP with the US Securities and Exchange. Commission, including its most recent annual report on Form 20-F, which could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements, which SAP has no obligation to update and which speak only as of their dates.

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