Friday, June 10, 2011

Logan Aluminum Selects ExpenseAnywhere for Automating its Expense Management Processes

June 10, 2011 — ExpenseAnywhere announced that Logan Aluminum Company has recently selected ExpenseAnywhere–Enterprise for automating its corporate expense management processes.

Located in Kentucky, Logan Aluminum is a jointly owned by ARCO Aluminum Inc. and Novelis Corporation and is one of the nation's premier manufacturing facilities for aluminum products. The company specializes in the fabrication of high quality aluminum sheet products for a variety of companies in the automobile, building, and even food industries.

By selecting ExpenseAnywhere cloud application, Logan Aluminum will have the ability to cost–effectively streamline their entire expense management processes tailored to their specific business needs and in accordance with their policies and approval procedures. Integrated with their back–end Oracle Financials, and with built–in expense receipt management and validation, ExpenseAnywhere provides a best–in class best–practice paperless expense management solution that is accessible 24x7 through our hosted service.

ExpenseAnywhere gives business travelers the ability to enter and submit expense reports over the Internet/Intranet, and instantly delivers them to their managers for approval, and then to accounting for audit, payment processing and general ledger posting. ExpenseAnywhere seamlessly integrates with corporate ERP systems, charge card providers so the daily credit card charges can be automatically processed and pre–populated to an expense report, and banking system for direct ACH/EFT payments to employee's bank accounts and their corporate cards. Additional features include: Automated policy enforcement, e–Receipts with automatic matching of receipts to expense items reducing time and manual effort in receipt verification, mobile apps (Blackberry, Iphone, and Android) to empower users to enter on–the–go charges and submit them along with the pictures of the receipts, offline module for offline entry of expenses with automatic data synchronization between the offline–client and the online server, pre–trip authorization, budgeting module to monitor budgeted versus actual expenses; audit module to perform online audits for compliance with SOX 404, and built in analytics for 360 degree analysis of corporate spend.

With ExpenseAnywhere, Logan Aluminum will be able to totally transform their current paper–based expense reporting with the state–of–the–art best practices automated solution and benefit from high degree of employee satisfaction, efficient management of their corporate spend with phenomenal ROI and faster reimbursement.