LOS ANGELES & BLOOMINGTON, Ind.--(BUSINESS WIRE)--Chrome River, a global leader in expense and invoice management solutions, announces that Indiana University (IU), one of the 10 largest universities in the U.S., has selected Chrome River EXPENSE to increase the efficiency of its expense management processes across all eight campuses.
Chrome River EXPENSE is a fully-automated, cloud-based, expense management solution, which will seamlessly integrate into IU’s existing travel and procurement card solutions. This will enable faculty and staff to easily submit travel bookings and out-of-pocket expenses, from any device, without needing to manually process information from multiple sources.
Chrome River will integrate with IU’s Kuali Financial System, as well as its travel booking solutions and U.S. Bank procurement and travel card program, giving travel and payments administrators the ability to streamline processes for accounting reconciliation, reimbursements and card payments. IU will also take advantage of Chrome River ANALYTICS’ powerful data visualization capabilities, to better control travel spend and policy compliance.
“After a thorough RFP process, Chrome River EXPENSE was selected because it will seamlessly integrate with the Kuali Financial System used by IU, and will allow us to streamline our processes through automation, while at the same time strengthen policy compliance and internal controls,” said Jill Schunk, IU’s chief procurement officer. “Through its built-in analytics, Chrome River EXPENSE will also provide users greater insights into expense data, which will enhance our ability to focus resources on mission priorities.”
“Chrome River EXPENSE’s ability to easily integrate into a wide variety of ERP and other financial software solutions makes it an ideal solution for higher education institutions,” said Alan Rich, CEO of Chrome River. “Chrome River makes the lives of the finance team easier by automating rules and processes for policy compliance and budget encumbrances. For IU’s faculty and staff, an easy-to-use, mobile-optimized solution takes the process of submitting travel and other expenses from a major administrative headache to an effortless task.”
About Chrome River
Chrome River Technologies, Inc. lets business flow for some of the world’s largest and most respected global organizations. Our highly configurable cloud-based expense reporting and supplier invoice automation solutions deliver an elegant and intuitive user interface, which offer the same high-quality experience on a smartphone, tablet or laptop. Our SaaS products provide a world-class business rules engine and technology infrastructure, combined with a completely agile solution that supports today's changing business climate, and that the CFO, AP and travel managers, and business travelers will all love.
To find out why Chrome River is trusted by more than 1 million users at 600 organizations worldwide, contact us at +1 888 781 0088, or visit us at www.chromeriver.com or on Facebook, Twitter and LinkedIn.
About Indiana University
Founded in 1820, Indiana University is one of world’s foremost public institutions. With more than 112,000 students and 19,000 employees statewide, innovation, creativity and academic freedom are hallmarks of its world-class contributions in research and the arts. Bloomington is the flagship campus of the university and each one of its seven other campuses is an accredited, four-year degree-granting institution.