What is travel management company in SAP BNS-CON - Concur?

SAP Term: travel management company

• Component: BNS-CON

• Component Name: Concur

• Description: A company that implements, configures, and supports Travel for an SAP client.

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• Key Concepts: 
  A travel management company (TMC) is a business that specializes in managing corporate travel. It provides services such as booking flights, hotels, and rental cars, as well as providing advice on the best travel options for a company. SAP's BNS-CON Concur Travel Management component is a cloud-based solution that helps companies manage their corporate travel needs. 
  
  How to use it: 
  The BNS-CON Concur Travel Management component allows companies to book flights, hotels, and rental cars quickly and easily. It also provides features such as expense tracking, budgeting, and reporting. Additionally, it offers integration with other SAP solutions such as SAP Ariba and SAP Fieldglass. 
  
  Tips & Tricks: 
  When using the BNS-CON Concur Travel Management component, it is important to ensure that all travel expenses are tracked accurately. Additionally, it is important to set up budgeting and reporting features in order to ensure that the company is staying within its budget. 
  
  Related Information: 
  The BNS-CON Concur Travel Management component is part of the SAP Business Network Suite (BNS). Other components of the BNS include SAP Ariba, SAP Fieldglass, and SAP SuccessFactors. Additionally, there are other third-party solutions available for managing corporate travel needs.