ExpenseWatch Named a Top Solution for Lower-to-Middle Market Organizations in PayStream Advisors 2015 Travel & Expense Management Navigator

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ExpenseWatch is recognized as one of three offerings best tailored to meet the needs of smaller and midsized organizations in PayStream Advisors 2015 Travel & Expense Management Navigator.

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"This evaluation from PayStream Advisors emphasizes that we are serving our customers’ needs with strong core functionality and pricing models that make the most sense for these organizations." Bill Vergantino, president and CEO of ExpenseWatch.

ExpenseWatch is recognized as one of three offerings best tailored to meet the needs of smaller and midsized organizations in PayStream Advisors 2015 Travel & Expense Management Navigator. The report ascertains that ExpenseWatch’s niche focus on small- and medium-sized businesses allows it to offer leading functionality and a high level of service to its customers.

ExpenseWatch is one of eleven products identified from a field of more than 40 by PayStream Advisors as the most qualified travel and expense management solutions to participate in the report. The report is designed to provide a comprehensive analysis of the top TEM solutions available, provide a market overview of trends among providers and assist in the initial selection of solutions by potential buyers.

After a robust analysis, PayStream Advisors scores solutions in eleven different categories on a scale of one to ten. Recognizing that the needs for midsized and enterprise organizations are different, the report offers analysis on which products might best serve each respective market.

“We’re extremely pleased PayStream Advisors has validated that ExpenseWatch is one of the top solutions to serve the market for which we have built our products – small and midsized organizations,” said Bill Vergantino, president and CEO of ExpenseWatch. “We are committed to providing innovative technology that empowers our customers to spend with confidence through the knowledge that their spending processes are as efficient as possible, while providing visibility to spending needed and the policy enforcement required. This evaluation from PayStream Advisors emphasizes that we are serving our customers’ needs with strong core functionality and pricing models that make the most sense for these organizations.”    

PayStream Advisors gives ExpenseWatch high marks in nine of the eleven categories, including pre-trip approval and workflow, expense capture, mobility, report creation and submission, report workflow and approval, reconciliation and reimbursement, post trip analysis, versatility and deliverability. The report says that overall, the ExpenseWatch solution is a great tool for lower-to-middle market organizations looking to automate the process of reporting, approving and analyzing expenses, with the added benefit of light integration with select travel booking partners.

A copy of the full report can be downloaded on Paystream Advisors website.

About ExpenseWatch (http://www.ExpenseWatch.com)
ExpenseWatch automates manual, time consuming paper-based processes, for visibility and control over organizational spending, empowering customers to spend with confidence. Modules for expense reporting, purchasing and payable invoices (bills) resolve specific spending issues, or can be combined to provide a comprehensive spend management suite. The company was founded in 2000, released the first version of its spend management service in 2003 and currently manages more than $3 billion in annual spend transactions on behalf of its customers. The company is privately held with headquarters in Plymouth Meeting, PA, a suburb of Philadelphia.

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