VCOM Releases ExpenseAnywhere 5.0

March 1, 2003

Pittsburgh, PA USA – Virtual Communications, Inc. (VCOM) has introduced version 5.0 of its acclaimed ExpenseAnywhere business expense managament solution.

Stan Wandowicz, VP of Sales for VCOM said "We are thrilled to make a good thing even better with the newest 5.0 release of ExpenseAnyhere."

"Release 5.0 incorporates powerful new features that deliver exceptional business value to our customers, including multiple cost center splits, complex per diem processing, VAT recording, additional drill down reports, and ease of use enhancements."

"Additionally, Release 5.0 incorporates support for an optional module, ExpenseAnywhere Offline, that provides travelers with the capability to enter expense transactions without having to be connected to the internet. Once connected to the web, ExpenseAnywhere Offline automatically synchronizes with the central system and uploads the expense report transactions."

Wandowicz continued, “We believe that this capability will be welcomed by frequent travelers, because of the convenience factor that ultimately contributes to personal productivity.”

In conclusion, Wandowicz noted, “Virtually every organization will gain bottom line benefits from automating their paper and spreadsheet based T&E expense processing workflow. With the robust functionality in ExpenseAnywhere 5.0, we help our clients capture ROI faster and without putting their organization through techno-culture shock. Because ExpenseAnywhere is very easy to use, the value is immediate for everyone.”