KENTUCKY STATE UNIVERSITY Board of Regents

DATE:December 5, 2019
SUBJECT:Approval of Concur Contract
FROM:FINANCE AND ADMINISTRATION
ACTION ITEM:YES

BACKGROUND: Concur is a cloud-based expense and travel solution that enables the University to manage travel expenses for faculty and staff. Concur captures travel data to streamline expense reporting and travel spending.

KSU has utilized Concur Technologies Inc. for automating travel planning and reimbursement for several years. The contract had expired and was re-evaluated for transaction usage to establish an efficient agreement for campus services.

SUMMARY OF PROGRAMS/ACTIVITIES: Concur Technologies Inc.

ALIGNMENT WITH STRATEGIC GOALS:

Goal 3: Increase the University's Financial Strength and Operational Efficiency.

PROGRAM IMPLICATIONS: N/A

FISCAL IMPLICATIONS: $20,000

RECOMMENDATION: Approve the Concur Agreement.

ATTACHMENTS: YES