Product Announcement

New Expense Management System (CentrixEMS™) Automates and Streamlines Processing for Reimbursable and Corporate Credit Card Expenses

LINCOLN, NE, April 30, 2007 – Centrix Solutions Inc., a provider of risk management and workforce automation products to financial service companies, today announced the release of CentrixEMS™, a workflow based expense management system designed to automate and streamline processing for reimbursable and corporate credit card expenses.  For many companies, the process of submitting, approving, and reimbursing employee expenses is handled using paper forms, spreadsheets, and manual data entry.  These processes are inefficient and do not provide important control, tracking, and reporting capabilities.  CentrixEMS™ provides the automation, cost savings and management controls necessary in today's business climate.

CentrixEMS™ manages expense forms from submission to approval to payment. Employees use the intuitive browser-based user interface to enter and approve expenses for both reimbursable expenses and corporate credit card activity, while the accounting function is simplified via integration with the accounts payable system.  The management controls and workflow automation of CentrixEMS™ will provide immediate benefits in the form of reduced processing costs, organizational efficiency, accuracy, and enhanced corporate oversight of expense activity.

CentrixEMS™ Features and Benefits

·         On-line expense submission eliminates paper expense forms or spreadsheets

o        User defined data fields enable customization for your organization

o        Expenses can be allocated amongst multiple departments

o        Employees have immediate access to their expense history

o        Remote or traveling employees can access via the internet

·         Approval workflow expedites expense processing

o        On-line approval / denial

o        An email alert notifies managers that an expense form requires their approval

o        Flexible approval reassignment when the original approver is absent

·         On-line reporting enables management to effectively monitor expense activity

·         An interface to the AP system frees staff from cumbersome, error-prone data input

·         In-house or Outsourced:  Install on a server within your company or buy it as a service

o        In-house:  Integrated with network security so no login is required

 About Centrix Solutions, Inc.

Centrix Solutions, located in Lincoln, Nebraska, provides financial institutions with products and services to help manage risk and optimize efficiency.  With a product line that encompasses financial services, human resources management and systems management, Centrix provides clients with a broad array of strategic technology solutions.  The Centrix professional services team evaluates technology needs, provides expert advice, and develops custom solutions for unique business problems or systems integration projects.  More information can be found at www.centrixsolutions.com.

Corporate contact:                                              

Bradley S. Johnson,  Centrix Solutions 

(402) 488-3990                                                         

bjohnson@centrixsolutions.com                                

 

  

 

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