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Expense cos. image receipts.

Publication: Business Travel News
Publication Date: 10-FEB-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The time-consuming and paper-laden process of managing receipts has spurred corporate interest in imaging products that automate receipt management methods.

Expense management providers Concur, Extensity and Necho. Systems last year began offering new imaging solutions, wherein receipts can be submitted digitally, stored and later retrieved.

Concur Technologies last month announced that 10 new customers had signed up for its imaging solution, including BDO Seidman LLP, Hitachi Global Storage Technologies and Progress Energy.

Concur in May 2002 was among the first to release a receipt imaging software solution integrated with its expense management tool. The homegrown service allows Concur users to fax receipts and invoices to a designated telephone number so an image of the receipt can be stored digitally, archived and linked with the appropriate expense report. Expense...

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