FAIRFAX, Va., and LOS ANGELES, February 4, 2016 – Ellucian, the leading provider of higher education software and services, today announced the introduction of a new cloud-based solution, Ellucian Travel and Expense Management powered by Chrome River.
According to a report by the Aberdeen Group, Best In Class organizations are 56% more likely to utilize end-to-end expense management solutions, which help institutions develop real-time visibility into significant aspects of T&E expense management, such as spending against budget and pre-trip travel information.
Ellucian Travel and Expense Management eliminates the manual, error-prone processing of expense reports, easing the burden on faculty and staff and freeing up finance resources to spend more time ensuring compliance and providing better service. Additionally, it increases visibility for finance staff into travel and expense spending, travel frequency, and supplier costs to better manage expenses and negotiate better discounts.
“Together with Chrome River, we’re helping colleges and universities become more efficient and more effective,” said Jeff Ray, president and CEO at Ellucian. “Ellucian Travel and Expense Management provides a modern, cloud-based user experience that will ease the expense reporting process, while still meeting the unique needs of higher education.”
Ellucian Travel and Expense Management is a global solution that allows configurations to support differing requirements for items such as pre-trip authorizations, encumbrances, delegate access, per diems, tax recovery, fringe benefit taxes, car use reimbursements and cash advances. The solution is used in more than 90 countries and supports multiple languages and a wide range of integrations with travel and financial institutions.
“By partnering with Ellucian, Chrome River is able to offer higher education institutions a level of integration and simplicity of implementation that was never possible before,” said Alan Rich, CEO of Chrome River. “The combination of Chrome River's powerful and agile solution with Ellucian's depth of experience and functionality makes for a very compelling solution for higher education expense management needs. By combining the innovations and experience of our two organizations, we will be able to offer exciting developments in mobile capabilities, analytics and other functionality crucial to our joint customers.”
To learn more, visit: http://www.ellucian.com/travel-expense-management/
Ellucian is the world’s leading provider of software and services higher education institutions need to help students succeed. More than 2,400 institutions in 40 countries rely on Ellucian to help enable the mission of higher education for over 18 million students. Ellucian provides student information systems (SIS), finance and HR, recruiting, retention, analytics and advancement software solutions. With more than 1,400 institutions subscribing to Ellucian’s cloud services and SaaS offerings, the company is one of the largest providers of cloud-based solutions. Ellucian also supports the higher education community with a range of professional services, such as application software implementation, training, education, and management consulting. Visit Ellucian at www.ellucian.com.
About Chrome River
Chrome River Technologies, Inc. provides expense reporting and supplier invoice automation solutions that combine the latest enterprise and mobile technologies with a team of industry-leading implementation and support experts. Chrome River delivers immediate payback via a software as a service delivery model that requires no hardware, no software, and no long-term commitment. This service is easily configurable to meet the needs of organizations worldwide with sophisticated expense management policies and collaborative approval processes. Request a demonstration today and locate additional information about Chrome River and its solutions by visiting the company website at www.chromeriver.com or by calling +1.888.781.0088.