Exspend Launches Version 6.0 and Receives PCI Certification

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One of the fastest growing companies in the expense management industry continues to satisfy customers & partners with key functionality and security enhancements.

“Because our application already met most industry accepted security standards, it was quite simple to add the necessary steps to ensure we met all of the Payment Card Industry Data Security standards." Larry Cease, CEO

Exspend, Inc. officially launched one of its largest updates to their industry-leading eXspend T&E (travel & entertainment) expense management solution. Version 6.0 was successfully released to their current customer base on April 9th and has been well received among their users. In addition, as of January 2010, the application is Payment Card Industry (PCI) Data Security Standard (DSS) certified.

Most significantly, the latest version of eXspend includes a new approach to the entire user interface, making it much more user friendly, easier to navigate and visually appealing. Boyce Adams, Jr, Vice President at BankTEL, states “The most recent change to the look-and-feel really shows that Exspend is taking steps to ensure we have a leading-edge solution.“ Of course, the application still maintains all of the standard expense reporting features such as T&E Policy Definition & Enforcement coupled with our Flexible & Powerful Rules Engine, Customizable Approval Workflow, Credit Card Integration, Pre-Approval & Cash Advance Functionality, Receipt Imaging Management, Audit Capabilities and our Analysis & Reporting tools.

Also as part of the latest update, security within the application has been tightened up to exceed industry standards. “The PCI DSS certification was a very simple and quick process for us”, says Larry Cease, CEO of Exspend. “Because our application already met most industry accepted security standards, it was quite simple to add the necessary steps to ensure we met all of the Payment Card Industry Data Security standards. Although eXspend has always made security a top priority, this certification assures our customers that we are taking all necessary steps to keep their data safe.”

About Exspend:
Exspend’s web-based, fully automated expense management software solutions offer substantial advantages over traditional, manual and home-grown systems and will immediately simplify the expense report process. Exspend’s Expense Management Solution will improve your organization’s business processes, provide greater insight into your spending habits, facilitate a reduction in operational costs, and enforcement of policies, resulting in immediate savings that flow directly to the bottom-line. Exspend’s partners and clients include BankTEL, HSBC, Principle, CityBank, and many more. If you would like to start automating your expense reporting process, view a demo or learn more, additional information about Exspend may be found at http://www.exspend.com.

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Heath Viner
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