Expense Reports: Concur Aims to Help Channel Road Warriors

Several thousand VARs and MSPs are set to attend Microsoft Worldwide Partner Conference (WPC11) the week of July 10 in Los Angeles. No doubt, those VARs and MSPs need to closely manage their travel itineraries and expenses. Concur Communications Inc. hopes to help with that process. Indeed, the company is pairing its Concur Breeze travel expense solution for SMBs with TripIt Pro to create what Concur is calling an “integrated travel and expense management solution” for small businesses.

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Strong Quarterly Earnings Lift SaaS Stocks

Strong quarterly earnings from multiple Software as a Service (SaaS) stocks lifted our SaaS 20 Stock Index 5.7% for the week ended May 1. Winners beat losers, 17 to 3 — as investors sharply bid shares up at Athenahealth Inc., Concur Technologies Inc., SuccessFactors Inc., NetSuite Inc. and Ingram Micro Inc. Here’s a closer look at the weekly SaaS winners and losers.

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Kenexa Drags Down Software as a Service Stocks

MSPmentor’s SaaS 20 Stock Index declined 1.47% for the week ended September 12, dragged down by bad financial news at Kenexa Corp., which specializes in HR-related on-demand applications. It was the fourth consecutive week that our index, which tracks software as a service (SaaS) stocks, declined. Here’s what’s going wrong — and right — with SaaS stocks.

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