Commercial Union Insurance Companies select Captura's Employee Payables.BOTHELL, Wash.--(BUSINESS WIRE)--March 25, 1997--Commercial Union (CU), one of the largest insurance groups in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , will automate To turn a set of manual steps into an operation that goes by itself. See automation. its expense reporting process using Captura Software's Employee Payables Payables Related: Accounts payable (TM). The system will be used by more than 800 CU employees in regional offices throughout the country and at its Boston Boston, town, England Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent. headquarters. "Automation of the expense report process will assist us in our ongoing efforts to remain in line with the `best practices' model that is so favored by financial experts," said John Higgins This article is about the snooker player; for other people named John Higgins, see John Higgins (disambiguation). John Higgins (born May 18 1975, Wishaw, North Lanarkshire) is a Scottish professional snooker player. , CU treasurer. "By following best practices, we greatly reduce the cost of financial management. We chose Employee Payables because its superior technology makes automation and integration with other systems easy." Employee Payables is a corporate software solution that completely automates the expense reporting process from creating and submitting a report, to obtaining approvals and making reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. . It captures detailed data that can be used for analysis and forecasting -- enhancing a company's ability to control costs, manage cash flow and obtain accurate financial reporting data. Employee Payables also reduces time spent on data entry, processing, policy enforcement, and tracking. CU is based in Boston, Massachusetts “Boston” redirects here. For other uses, see Boston (disambiguation). Boston is the capital and most populous city of Massachusetts.[3] The largest city in New England, Boston is considered the unofficial economic and cultural center of the entire New and offers competitive, quality commercial and personal insurance. It is ranked among the largest U.S. insurance groups and is licensed in all 50 states. 1996 property-casualty premiums were $1.8 billion. CU's parent company is Commercial Union PLC, of London, England. CU has a 125-year history in the United States, opening its doors in 1871 in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and is doing business with more than 2,500 select independent agents today. Captura also recently signed agreements with Rosenbluth International, a mega travel management company with offices worldwide, and First USA Paymentech, a premier issuer and processor of commercial card products. Rosenbluth International has incorporated Captura's technology into its Expense Management product. First USA Paymentech offers Employee Payables to its customers to enhance Paymentech's corporate card payment solution. Captura Software, Inc. is based in Bothell, Wash., and develops business solutions that automate corporate policies and capture data for reporting and analysis. For more information on Captura and its products, call 800/547-2223, or visit its web site at www.captura.com . CONTACT: Captura Jeanne Miller, 206/487-9484, ext. 311 or Commercial Union John Higgins, 617/725-7558 |
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