New End-to-End Solution Helps Automate, Simplify Expense Management
Sept. 20, 2011 /PRNewswire/ -- Orbitz for Business, the corporate travel group of Orbitz Worldwide Inc. (NYSE: OWW), today announced that it has added ExpenseAnywhere, a leading provider of powerful and easy-to-use expense automation solutions, to its growing portfolio of expense management and reporting tools. ExpenseAnywhere integrates seamlessly with the Orbitz for Business booking tool and credit card data to give customers a complete, automated end-to-end expense management solution.
According to a recent survey* of travel and expense managers conducted by Business Travel News, the majority (two-thirds) of respondents said their companies have an integrated payment and expense management solution in place. About a third of those surveyed have an expense management solution that also integrates with their online booking tool. When asked to prioritize the most important features of an expense management solution, 77 percent cited customizable reporting, followed by receipt imaging (70 percent), auditing automation (60 percent) and online booking tool integration (53 percent).
ExpenseAnywhere provides easy-to-use, robust, web-based solutions that help businesses automate the entire expense management processes from pre-travel authorization to reimbursement for expenses, consistent with corporate policies and business practices. The solution streamlines the entire process quickly and easily, resulting in further operational efficiencies.
Key ExpenseAnywhere capabilities include:
- Pre-travel authorization with expense approval management
- Total integration with back-end ERP systems to eliminate manual data input
- Total integration with corporate cards, travel cards and personal cards
- Receipt imaging with Enhanced Automated Receipt Matching Technology to substantially increase the automated audit capability
- Mobile Apps for Android, iPhone and Blackberry for enhanced user interaction
- Extensive reporting and online analytics
"The integration of ExpenseAnywhere with the Orbitz for Business booking tool is a natural fit," said Dr. Ashok Dhar, president and CEO, ExpenseAnywhere. "Our customers appreciate the logical flow of booking travel and managing expenses through an integrated platform utilizing the convenience of single-sign-on. The tight integration between the two well recognized and user friendly tools simplifies the process of managing travel and expense reporting and those efficiencies radiate through the entire spectrum of the organization from travelers, to travel managers and accounts payable teams," Dr. Dhar added. "ExpenseAnywhere and Orbitz for Business bring to market significant leadership around complete end-to-end automation of travel and expense management."
"We're excited to work with ExpenseAnywhere to bring an automated, world-class, end-to-end expense management solution to Orbitz for Business customers," said Frank Petito, president, Orbitz for Business. "A common theme we hear from our travel and expense managers, CFOs and procurement officers is the importance of building expense management tools that integrate across the booking environment, from pre-travel approvals to end of trip reporting and reimbursement. ExpenseAnywhere delivers all of those capabilities and more, including mobile support for travelers looking to manage more of their expenses from the road."
ExpenseAnywhere integrated solutions are now available to all existing clients and prospective Orbitz for Business customers.
*Source: 8th Annual Business Travel News Expense Manager Survey
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