Expense Report Software Updated

The expense report software distributed by Certify.com was recently updated. The functionality of the said software was extended to enhance its services that it provides to its Corporate and Personal clients. Previously the said company partnered with nuTravel, the corporate self-booking  provider and now they’ve changed their system that allows users to generate, track and report Pre-Paid expenses while also offering expanded general ledger coding functionality for enterprise class accounting system integration. This kind of functionality let the users use the full functionality of the system that will make their expense report preparation easy.

The following is a quote from the official press release of the said company regarding this extension of the expense software’s functionality:

As more companies attempt to reduce travel expenses by pre-purchasing airfare and hotel prior to travel, there is a growing need to identify, track and report prepaid expenses properly on the company balance sheet. Certify Pre-Paid Expense functionality allows an employee to track expenses as pre-paid and then utilize the expense at a future date. Certify provides the company with expanded reporting tools which identify pre-paid travel expenses by employee, while also providing the proper reporting for journal entry transactions to credit and debit P&L and balance sheet accounts. This provides the employee with better control over tracking pre-paid expenses while providing the company with improved financial reporting tools for employee expenses.

excerpt from http://www.certify.com/About/PR_PrepaidExpenses.aspx