Paychex Selects ExpenseWire to Power its Integrated Expense Management Solution.
Businesses Save Time and Money by Automating Expense Reporting
ROCHESTER, N.Y. -- Paychex, Inc. (NASDAQ NASDAQ
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U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : PAYX), a leading provider of payroll and human resource services, and ExpenseWire, a Rearden Commerce company and leading provider of on-demand expense management solutions, today announced the availability of Paychex Expense Manager, an integrated payroll and expense management solution that helps small and medium-sized businesses (SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. ) control discretionary spending while giving their employees the convenience of preparing and submitting expense reports online via an easy-to-use, secure tool. ExpenseWire's innovative technology will power Paychex Expense Manager, expanding the software-as-a-service portfolio offered by Paychex Major Market Services. The combined solution streamlines the time-consuming process of submitting and reviewing expense reports and speeds reimbursements to employees by allowing payments to be made through payroll, which also reduces costs for customers.
"Payroll and expense management complement each other," said Michael A. McCarthy, vice president of sales for Paychex Major Market Services. "In today's economy, companies are continuously looking for Looking for
In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to save money and become more efficient. With Paychex Expense Manager, our clients will quickly realize operational savings while giving their employees a better experience. Few products can offer that."
"Traditional expense reporting diverts time from valuable company resources," said Andrew Vaeth, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder of ExpenseWire. "With Paychex Expense Manager, thousands of SMBs have access to an inexpensive expense tool that gives them more visibility and control so they can stay focused on running their business."
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Paychex Expense Manager takes advantage of ExpenseWire's "rules engine," which warns approvers if an expense is outside of allowable limits, enabling them to manage expenses down to the line item. In addition, its credit card integration makes creating expense reports even faster and more accurate. Transaction history can be automatically loaded for both corporate and personal cards, which is especially beneficial to employees who frequently use personal credit cards for corporate expenditures.
Paychex Expense Manager streamlines the process of filing, reviewing, approving, and reimbursing employee expense reports online. It provides organizations with increased control over employee spending, and can be deployed quickly throughout the entire organization.
For more information about Paychex Expense Manager, please visit www.paychex.com.
Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax Payroll Tax
Tax an employer withholds and/or pays on behalf of their employees based on the wage or salary of the employee. In most countries, including the U.S., both state and federal authorities collect some form of payroll tax. administration, and employee pay services, including direct deposit, check signing, and Readychex([R]). Human resource and benefits outsourcing services include 401(k) plan recordkeeping, health insurance, workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. administration, section 125 plans, a professional employer organization A professional employer organization (PEO) provides outsourcing of payroll, workers' compensation, human resources and employee benefits administration. It does this by hiring a client company’s employees, thus becoming their employer of record. , time and attendance solutions, and other administrative services for business. Paychex was founded in 1971. With headquarters in Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York.
Rochester, once known as The Flour City, and more recently as The Flower City or , the company has more than 100 offices and serves approximately 572,000 payroll clients nationwide. For more information about Paychex and our products, visit www.paychex.com.
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 is a Rearden Commerce company (www.reardencommerce.com). To learn more about how ExpenseWire delivers on the promise of expense automation, visit www.expensewire.com.
About Rearden Commerce, Inc.
Rearden Commerce makes life simpler by delivering a web-based personal assistant that intuitively manages the everyday details of business and personal life. Just like a seasoned executive assistant, the Rearden Personal Assistant[TM] handles an impressive array of tasks and services, and delights users by considering their unique needs and personal preferences. The Rearden Personal Assistant is built on the Rearden Commerce[TM] Platform, which supports an ecosystem of more than 160,000 trusted merchants and third-party applications providers. Today, more than one and a half million contracted users at organizations ranging from the Fortune 500 to small/medium enterprises, including ConAgra Foods ConAgra Foods, Inc. (NYSE: CAG) is one of North America's largest packaged foods companies. ConAgra's products are available in supermarkets, as well as restaurants and food service establishments. Its headquarters are located in Omaha, Nebraska. , GlaxoSmithKline and JDSU JDSU JDS Uniphase (stock symbol)
JDSU Jharkhand Disom Students Union , rely on the recommendations and assistance of the Rearden Personal Assistant to save time and be more efficient, while saving their companies money. Rearden Commerce is headquartered in Foster City, CA. For more information, visit www.reardencommerce.com.