Industry Update
Supplier News 9 August 2010

CyberShift Announces Expense Management Outsourced Services at NBTA

Comprehensive Suite of Offerings Provides Cost Control and Efficiency Gains by Enabling Organizations to Outsource Routine Expense Report Management Processes

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CyberShift, Inc.

PARSIPPANY, N.J. - CyberShift, a global provider of expense management and workforce management software and services, today announced the availability of CyberShift Outsourced Services for their suite of Expense Management Automation solutions. These value-added services allow clients to offload some or all of the daily administrative tasks associated with expense reporting processes directly to CyberShift, enabling companies to focus on higher value, strategic functions such as policy review, spend management and vendor program analysis.

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Whether employee travel is stable or on the rise, efficiently managing the full cycle of the expense report process is necessary for effective and prudent financial oversight. This requires staff to audit reports for accuracy; verify receipts, manage reimbursements, answer questions from end users and more. Focusing on these detailed actions needed for efficient expense report management leaves accounts payable and travel management professionals with little time to spend on more strategic activities.

By offloading the key administrative tasks associated with the expense report processes directly to CyberShift, organizations benefit from having increased spend and program insight and are able to focus on other business critical activities. CyberShift Outsourced Services include:

  • Expense Report Audits – Outsourced and independent audit of expense reports
  • Expense Report Payments – Reimbursement to the charge card vendor and submitter
  • Receipt Handling Service – Imaging and verification of paper receipts from submitters
  • End User Support – Support services directly for end user submitters and approvers
  • System Administration Support – Tasks such as policy and approval chain updates

“Expense management is a significant component of business travel, yet in today’s workplace reality many organizations are operating with fewer resources to manage these costs. CyberShift Outsourced Services help companies achieve greater control over costs, improve automation processes, increase employee productivity and satisfaction and expand spend management visibility without having to dedicate internal resources or add to headcount,” commented Craig Fearon, CyberShift’s senior product director, expense applications. “The combination of our expense management automation solutions and our Outsourced Services creates a true end-to-end approach to business travel and expense reimbursement.”

CyberShift Expense™, which streamlines the entire expense management process via a standard Web browser and is available on multiple mobile device platforms including the BlackBerry® smartphone, and CyberShift Outsourced Services, will be showcased at the upcoming National Business Travel (NBTA) International Convention & Expo from Monday August 9, 2010 through Wednesday August 11, 2010. Company representatives will also be readily available to discuss its award winning CyberShift Workforce Management 3G™. NBTA attendees are invited to visit CyberShift’s own Casino Royale, “Nobody Does it Better” booth No. 2412.

About CyberShift

CyberShift specializes in providing leading organizations with best-in-class employee spend-management and workforce management solutions to reduce costs, mitigate compliance risk and increase productivity. Our solutions help organizations of all sizes address complex policies and increase the effectiveness of their workforce in delivering products or services to their customers every day. CyberShift's comprehensive product suite is unique in providing multi-national capabilities for expense management, employee scheduling, time-and-attendance, contingent labor management, absence management, and solutions for the mobile workforce. CyberShift manages over 1.5 million transactions daily through our highly secure SaaS delivery model, and is also available as an On Premise license, putting the power of choice in the hands of the customer. For more information, please call (877) 274-4381 or visit .

Trademarks and registered trademarks referenced herein remain the property of their respective owners.

Media Contact:
Kate Scarpa
The Devon Group
New Jersey Office: (732) 706-0123 ext. 16
London Office: +44 (0)207 917 1832
[email protected]

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Laura Hills
VP, Marketing
Phone: 732 706 0123
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