
| News & Events | Press Releases | August 6, 2007 |
PARSIPPANY, N.J. (August 6, 2007) –CyberShift, a leading provider of global workforce management and expense management software and services, today announced it has won START-IT magazine's prestigious 2007 Power of Partnerships Award. CyberShift and Shakopee, Minnesota-based InterplX Technologies, a leading provider of automated systems and services to streamline the processing of expense transactions related to corporate travel, P-Cards and tuition reimbursement, won a bronze award for their OEM relationship.
START-IT's Power of Partnerships Awards recognize companies that have partnered together in an effort to create a unified approach to solving a challenge or creating a business opportunity. The relationship between CyberShift and InterplX spans several years and started at a time when companies were beginning to recognize that business expense management involved more than employees filling out expense reports. CyberShift and InterplX integrated their best-of-breed solutions - CyberShift's Necho Expense™ on the front-end to process expense reports and InterplX on the back-end to view receipt images, perform the back office audit function and payment process service associated with the individual expense report. Together, the integrated solution streamlines the straight-through processing and the accuracy of expense transactions by linking the expense report record to the expense receipt images.
"CyberShift and InterplX are shining examples of two industry leaders coming together to provide their clients with solutions designed to streamline processes, reduce costs and improve business operations," commented Peggy Smedley, editorial director of START-IT. "We congratulate CyberShift and InterplX for their dedicated efforts to help businesses succeed through innovative technology."
"We provide companies with a solution that allows their employees to automatically submit business expense reports, route the reports and supporting documentation for required approvals and audits and expedite the reimbursement back to the employee," explained Chuck Buckner, president and CEO of InterplX. "Over the years our partnership with CyberShift has helped numerous mid-sized to large organizations better manage their business expenses and expense receipt imaging, audit and payment process. We are delighted START-IT has acknowledged our long time partnership with CyberShift."
Robert E. Farina, CEO of CyberShift said, "Our unique collaboration with InterplX enables our mutual clients to proactively manage their employee business travel expenses with greater accuracy. CyberShift strives to partner with best-of-breed vendors that share our commitment to innovation and excellence which is why we are partners with InterpIX. We are pleased to have this vision recognized by START-IT through this award."
CyberShift, Inc. is a leading provider of workforce management and expense management software and services focused on helping mid-sized to large, complex organizations improve organizational performance and profitability. Through its integrated Workforce Management 3G™ suite, which includes time and attendance, advanced scheduling and reporting and analytics, companies can more effectively plan, manage and deploy their workforces, reduce costs and improve processes across business operations. CyberShift's Necho Expense™ automates the processing and facilitates the management of employee business expenses and helps companies improve compliance; enforce expense policies and procedures and increase visibility into operations. Offered in both traditional license fee and Software-as-a-Service (SaaS) delivery models, CyberShift's innovative solutions have been awarded U.S. and Canadian patents. More information can be accessed at www.CyberShift.com .
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