Published:
TRX and ExpenseWire Partner to Deliver Integrated Travel & Expense Management Solution
ATLANTA,WOOSTER, Ohio andLOS ANGELES, July 28 /PRNewswire-FirstCall/ --
At the National Business Travel Association (NBTA) International Convention
and Exposition, TRX Inc. (Nasdaq: TRXI), a global technology company that
develops and hosts software applications to process data records and automate
manual processes, and ExpenseWire, a Rearden Commerce company, today announced
the two companies have partnered to deliver an integrated expense and travel
management solution for customers using RESX, TRX's corporate travel booking
application. Available now, the integrated solution improves companies'
visibility into employee spending and their ability to cut costs, while
providing employees the convenience of submitting their expense reports
online.
RESX is a Web-based, self service application that enables business
travelers and travel arrangers to create policy-compliant air, car and hotel
reservations. RESX's robust administration module enables travel management
companies and corporate travel managers to tightly manage policy, site
customization and user settings. ExpenseWire's on-demand software simplifies
and streamlines the process of filing, reviewing, approving and reimbursing
employee expense reports online. The integrated solution delivers valuable
company and employee benefits for travel, procurement and finance
professionals that include:
-- Reducing employee spending by communicating and enforcing spending
policies from the point of purchase to the expense report.
-- Identifying discrepancies between booked and actual charges and
flagging employee fraud and overbilling by suppliers.
-- Pre-populating expense reports automatically with travel and credit
card transaction data, so employees spend less time completing expense reports
and waiting for reimbursement.
"We are excited about our partnership with TRX, and the opportunity to
bring the benefits of ExpenseWire's integrated expense management solution to
thousands of RESX customers and millions of employees nationwide," said Andrew
Vaeth, President of ExpenseWire.
"This technology integration is representative of our approach to
delivering freedom of choice to customers in terms of integrated technology
solutions in the travel and expense management space," said Shane Hammond,
president of RESX Technologies. "Through our partnership with ExpenseWire we
are pleased to offer our RESX clients yet another expense management option."
About TRX
TRX (Nasdaq: TRXI) is a global technology company. We develop and host
software applications that process data records and automate manual processes,
enabling our clients to optimize performance and control costs. We are a
leading provider to the travel industry and are expanding into financial
services and healthcare. We deliver our technology applications in an
on-demand environment to travel agencies, corporations, travel suppliers,
government agencies, credit card associations, credit card issuing banks, and
third-party administrators. TRX is headquartered inAtlanta with operations
and associates inNorth America,Europe, andAsia. Please visit the company's
website at www.trx.com .
About ExpenseWire
The ExpenseWire(R) application sets a new bar for expense management. It
simplifies and automates the process of filing, reviewing, approving and
reimbursing employee expense reports online. It provides organizations the
business insight and process control they require to reduce costs and
strategically manage expenses. ExpenseWire's on-demand solution can be
deployed quickly and integrates easily with travel booking tools and other
third party applications. ExpenseWire(R) is a brand of Rearden Commerce, Inc.
( www.reardencommerce.com ). To learn more about how ExpenseWire delivers on
the promise of expense automation, visit www.expensewire.com .
SOURCE TRX, Inc.
Copyright © 2009, PRNewswire
Copyright © 2009, NewsBlaze,
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