Los Angeles, California (PRWEB) May 01, 2014
Chrome River, a leading provider of expense management and supplier invoice processing software, today announced survey results showing that 54% of financial leaders plan to automate expense reporting in 2014. Respondents included 150 CFOs and other senior finance executives at the 21st Annual CFO Rising East Conference, held March 12-14, 2014, in Miami, Florida.
“There is tremendous worldwide concern about security and fraud. Expense management processes inside companies and organizations can be tempting targets,” said Alan Rich, co-founder and chief executive officer of Chrome River. “Implementing an expense reporting system is prudent in this climate, and that is driving the adoption highlighted by the survey data.”
“Organizations are also increasingly moving away from reimbursing employee expenses incurred via personal credit card and towards corporate credit cards. The automation that occurs with corporate card implementations not only reduces fraud, but is much more time and cost efficient,” noted Rich.
Additional key findings include:
For more information about the survey, please visit http://www.chromeriver.com or call +1 888.781.0088.
About Chrome River
Chrome River Technologies, Inc. provides expense reporting and supplier invoice automation solutions that uniquely combine the latest available internet technologies with a team of industry-leading implementation and support experts. Chrome River delivers immediate payback via a “Software as a Service” delivery model that requires no hardware, no software, and no long-term commitment. This unique service is easily configurable to meet the needs of organizations worldwide with complex expense management policies and collaborative approval processes. Request a demonstration today and locate additional information about Chrome River Technologies, Inc. and its solutions by visiting the company website at http://www.chromeriver.com or by calling +1. 888.781.0088.
Chrome River Technologies
Tel: +1.888.781.0088 x701