CyberShift and nuTravel Form Alliance to Provide Comprehensive Travel and Expense Management Solutions
Joint Solution Automates T&E Process From Booking Through Reimbursement
| Source: CyberShift, Inc.
PARSIPPANY, NJ and PORT CHESTER, NY--(Marketwire - February 22, 2010) - CyberShift, a global provider of
expense management and workforce management software and services, and
nuTravel Technology Solutions,
provider of leading corporate online booking tool nuTravel CTS, today
announced details of their comprehensive global corporate travel and
expense management solution. Through the combined capabilities of
CyberShift and nuTravel, organizations can provide their business travelers
with an easy to use yet robust solution that automates the entire travel
and expense cycle from pre-trip authorization to travel booking through to
recording of the actual business expenses to employee reimbursement and
post-payment reporting.
"CyberShift Expense enables companies to improve productivity and control
costs; factors that have increasingly grown in importance during these
difficult economic times," commented Robert E. Farina, CEO, CyberShift. "We
listen closely to our clients' needs and establish partnerships with firms
that provide the highest value solutions with industry leading ease-of-use
and adoption rates. Our alliance with nuTravel deepens that commitment and
delivers to the market a comprehensive solution that integrates travel
booking and expense management for a wide range of organizations: from
local to global."
Tailor-made for medium and large sized organizations, this flexible, easy
to deploy, manage and use solution leverages both companies'
enterprise-class information architectures into a consolidated travel and
expense management solution. It enables organizations to increase
compliance with company policies and decrease the costs of employee
business travel, one of the top controllable expenses for most
organizations.
"By combining CyberShift's expense management system with the nuTravel CTS
architecture, we have created an innovative alternative for medium and
large organizations who are tired of the rigid and expensive options
offered by other firms today. We believe that our joint solution will prove
itself to be a formidable competitor in the travel and expense management
market for medium and large organizations," said nuTravel CEO Carmine
Carpanzano. "Our joint effort handles every aspect of booking travel to
business travel expense processing, to robust reporting and analysis. With
nuTravel's newly released Smart Pricing model, which provides transactions
fees as low as $2 for ticketed transactions, all of the right pieces have
fallen into place to create a winning combination for 2010 and into the
future."
About nuTravel
nuTravel Technology Solutions delivers the corporate travel industry's
fastest, most comprehensive and flexible online corporate self-booking
tools; providing a robust and intuitive selection of travel booking content
and capabilities that seamlessly integrate with travel management companies
and corporations. Our tools enforce travel policy, optimize vendor
relationships, reduce service fees, increase profits and improve
operational efficiency while streamlining the day-to-day processes of
corporate travel programs and creating a quick, easy and affordable
experience for travelers and travel managers. For more information, please
visit www.nuTravel.com.
About CyberShift
CyberShift specializes in providing leading organizations with
best-in-class workforce and employee spend management solutions to reduce
costs, mitigate compliance risk and increase productivity. Our solutions
help organizations of all sizes address complex policies and increase the
effectiveness of their workforce in delivering products or services to
their customers every day. CyberShift's comprehensive product suite is
unique in providing multi-national capabilities for employee scheduling,
time-and-attendance, contingent labor management, absence management,
expense management and solutions for the mobile workforce. CyberShift
manages over 1.5 million transactions daily through our highly secure SaaS
delivery model, and is also available as an On Premise license, putting the
power of choice in the hands of the customer. For more information, please
call (877) 274-4381 or visit www.cybershift.com.