Market Overview

VAI and SAP Concur Partner to Facilitate Digital Transformation

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VAI,
a leading ERP software developer, announced it has partnered with SAP
Concur
, a leading spend management services provider for businesses.
The new partnership gives VAI customers access to SAP Concur software
through a cloud-based application integrated with VAI's S2K
Enterprise
software platform, offering solutions such as: Concur
Expense, Concur Invoice, Concur Hipmunk, and Concur Travel.

With an increasing amount of organizations switching from manual work
processes to digital solutions, this integration allows companies to
seamlessly transition away from legacy pen and paper systems to an
easy-to-use mobile, cloud-based platform. SAP Concur's offerings include
digital expense management, accounts payable invoice automation, booking
within Concur Travel with trusted partners, and GPS capability for
mileage tracking, among other efficiencies. S2K customers benefit from a
comprehensive, streamlined platform that simplifies and provides
visibility throughout the expense management process while freeing up
employee time for more value-added tasks.

These solutions are all available on a mobile application, which makes
it easy for employees to book travel and input expenses on the go, thus
adding much-needed transparency into the complex expense management and
invoicing process. The ability to access real-time data within the
system enables organizations to accurately project spend and automates
accounts payable workflow. Employees no longer have to waste time
filling out and tracking expenses on spreadsheets or by hand, as they
can input data, file receipts, and track mileage directly within the
mobile app. The real-time access to expenses and invoices eliminates the
need for tedious manual data entry, provides visibility into accruals,
and allows for more accurate cash flow forecasting. This process
previously had to be completed at the end of each month when all expense
reports were submitted, which often led to lost invoices, slow payment
processing, and inhibited businesses from optimizing working capital.

"The new VAI and SAP Concur partnership offers solutions that transform
what used to be mundane, time-consuming manual tasks into quick, easy,
and accurate work processes by simplifying complicated expense
management systems," said Tony Hagen, Partner Business Manager at SAP
Concur. "Our customers are able to save countless hours that would have
been wasted tracking expenses manually and sorting through piles of
paperwork. Customers have also benefited from regained control of
monitoring and enforcing compliance for spending policies."

"Many of our customers were asking for an integrated expense tracking
tool within S2K, and SAP Concur was a clear choice for us as they are a
proven leader in their field," said Maggie Kelleher, Director of
Business Development at VAI. "Together, VAI and SAP Concur are enabling
a more modern, digital work environment that optimizes processes and
will ultimately save our customers time and money."

About SAP Concur
SAP Concur takes companies of all sizes and
stages beyond automation to a completely connected spend management
solution encompassing travel, expense, invoice, compliance and risk. Our
global expertise, industry-leading innovation and dynamic ecosystem of
diverse partners and applications unlock powerful insights that help
businesses reduce complexity and see spending clearly, so they can
manage it proactively.

About VAI
VAI is a leading independent mid-market ERP
software developer renowned for its flexible solutions and ability to
automate critical business functions for the distribution,
manufacturing, retail and multiple service sectors. An IBM Gold Partner,
IBM Beacon Award winner for Outstanding Solutions for Midsize
Businesses, and the IBM Beacon Award for Most Innovative "Built On IBM
Express Portfolio" Solution. VAI continues to innovate with new
solutions that leverage analytics, business intelligence, mobility, and
cloud technology to help customers make more informed business decisions
in real-time and empower their mobile workforces. VAI is headquartered
in Ronkonkoma, NY with branch offices in Florida, Illinois and
California. For more information, visit www.vai.net,
follow @VAISoftware on
Twitter or "like us" on facebook.com/VAISoftware.

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