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Finding comprehensive, easy-to-use pricing data to benchmark one company’s travel and entertainment (T&E) expenditures against others is no easy task. But a new offering, Concur Benchmarking Service, is taking the process of comparing global spending trends to a whole new level.

Developed jointly by corporate expense management experts Concur Technologies Inc. and consulting and benchmarking group Runzheimer International, Concur Benchmarking Service is designed as an add-on to Concur’s existing core expense software and Web-based service. The core management system lets companies create expense reports, automatically import credit card transactions and analyze trends in employee spending, as well as set spending limits. By adding on the benchmarking service, a company gets instant access to pricing data for 200 U.S. destinations and 100 international locations–for everything from airfares and hotels to car rentals, meals and per-diem rates.

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