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As a 188bet app expense management giant，Has Google、Facebook、With 250 large corporate clients including American Express, Concur’s position in centrally managed corporate 188bet app expenses is unassailable。But there are still thousands of small businesses in the market that are currently unwilling to use centralized management of business 188bet app services，And this market potential is huge。According to the founder of Priceline、Upside founder and CEO Jay Walker predicts，The size of the business 188bet app consumer market without centralized management is as high as 165 billion US dollars。

Product Introduction

Hipmunk by Adam Goldstein、Co-founded in 2010 by Tim MacDonald and Chrystal Bemont，It is a ticket from the United States、Hotel search and price comparison website，Received a total of US million in financing。Due to the challenge from Priceline’s Kayak、Competitive pressure from TripAdvisor and Expedia’s Trivago giants，In September last year, Hipmunk was acquired by Concur, a 188bet app management giant under the SAP Group，Transforming to provide uncentralized business 188bet app services for small businesses，The new service is called Concur Hipmunk。

Concur Hipmunk is a 188bet app services tool for small businesses that are not yet ready to launch a centralized business 188bet app management program。It is a 188bet app expense solution powered by Hipmunk Technology、Concur Expense and TripLink composed of three，Giving small businesses the basic tools they want、Services such as system access and 188bet app process visibility，At the same time, it also prepares for the future development of these small businesses towards centralized business 188bet app management。

In fact，The company started planning this new service a year ago。The specific method is，After logging in with Concur account，Concur Hipmunk users will receive preferential prices when booking air tickets and hotel reservations with designated Concur partners，And these orders will be tracked by existing system tools Concur will use。The main goal of this is to solve some of the pain points of small business employees in the 188bet app booking process，The company did not provide any 188bet app policy when they booked their 188bet app。

Early customer

The new service has started testing among Concur partners，Mainly for non-public Beta testing，Previously expected to conduct public testing at the end of this year。Concur Hipmunk currently only provides services to a select group of small businesses using Concur’s 188bet app management services，Initial partners offering booking discounts include RoomIt, part of Carlson Wagonlit 188bet app、United Airlines、American Airlines and Avis Car Rental。

Competitive Advantage

Concur Hipmunk combines the advantages of Hipmunk on the C side with Concur’s technology，Serving small businesses not yet ready to launch a comprehensive centralized business 188bet app management program。Its main competitive advantages are supplier integration and preferential policies、Consumer-centric metasearch、TripIt Pro and Concur Expense work best together。

Market opportunity

Statistics from market research agency Forrester，Small and Medium Business (SMB) Financial Decision Makers Say，188bet app expense management is the most challenging task，But they often don’t have the resources or tools to provide efficient 188bet app management services to their employees。Concur Hipmunk is primarily designed to meet the needs of the millions of small businesses that are not yet ready to launch a fully centralized business 188bet app program。When these small and medium-sized enterprises truly embrace and accept T&E solutions, they can drive growth and innovation.

Concur Chief Product Officer Tim MacDonald said: "The problem is，While we firmly believe that Concur 188bet app and our 188bet app management partners can provide the best 188bet app solutions to our customers，But we found out，There are still thousands of small businesses out there that are not ready to adopt a centrally managed 188bet app program。This market has great potential。Over the years，Our 188bet app management company partners have been selling centralized business 188bet app services to these companies，But they keep saying，They are not ready for this service yet。”

Another reality is，Travelers from small businesses are accustomed to booking 188bet app products online，They may not want to use a unified corporate booking tool either。Concur Hipmunk seizes this pain point，On the one hand, it provides travelers with a better booking experience，On the one hand, we use enterprise software tracking to solve corporate 188bet app management problems such as reimbursement during the 188bet app process。

Competitor

Concur Hipmunk is a unique platform that provides uncentralized corporate business 188bet app solutions，This platform mainly provides 188bet app services for small businesses that are not yet ready to launch a centralized management plan。This area received a lot of capital attention last year，The biggest competitor is Upside founded by Priceline founder Jay Walker 。June 2017，The startup received 0 million in financing，Fortune Magazine’s valuation is 0 million，Upside has received US million in financing。In addition，Other competitors include China’s Baoku Online、NexTravel、Rocketrip、Traxo、TripActions etc.。

*The author of this article: Li Haiqiang, an analyst at Zhihui.