News Release
April 6, 2004
VCOM partners with Proquest Solutions to promote ExpenseAnywhere in India
PITTSBURGH, April 6, 2004 --- Virtual Communications, Inc. (VCOM), announces that it has signed an agreement with Proquest Solutions Pvt. Ltd to promote its Internet based Expense Management Automation System, ExpenseAnywhere, in India.
ExpenseAnywhere is a best practices, easy to use, easy to manage and easy to access solution that automates the entire process of managing business expenses from anywhere at anytime using a standard browser. The system gives employees the ability to enter and submit expense reports over the Internet/ Intranet, and instantly delivers them to their managers for approval, and then to accounting for audit, payment processing and general ledger posting. ExpenseAnywhere seamlessly integrates with a variety of corporate ERP systems, like SAP, PeopleSoft, Oracle, Mas90, Great Plains, etc., including accounting packages like Wings & Tally, used by many medium and large size businesses in India. ExpenseAnywhere provides built-in choices of workflow suited to most businesses, including, receipt management, corporate card transaction data pre-population, offline entry of expenses, pre-travel authorization and travel-desk connectivity. ExpenseAnywhere allows businesses to easily manage their specific business rules and policies. The system tracks and alerts the users against duplicate entry of expenses, and for expenses not in compliance with the company's policies. ExpenseAnywhere provides enormous reporting capabilities, including forecasting and analytics.
ExpenseAnywhere is available as an ASP hosted solution as well as licensed software for in-house installation. In either case, the implementation is rapid with high ROI. ExpenseAnywhere is a market leader in ease of use, functionality and price performance and provides significant bottom-line improvements, year-after-year to our clients. Clients in a variety of industries including manufacturing, distribution, insurance, publishing, software, and services use ExpenseAnywhere.
"With business outreach to global clients, companies in India are seeking to automate many areas of their businesses to achieve higher efficiency, productivity and cost control to maintain their competitive cost advantage. ExpenseAnywhere helps them to quickly and cost-effectively achieve just that", said Dr. Ashok Dhar, President & CEO of VCOM. Dr. Dhar further added, "by partnering with Proquest Solutions, ExpenseAnywhere can be deployed and supported locally and cost effectively, resulting in additional savings for our clients".
Mrs. Shinie Nair, Director, Proquest Solutions said, "ExpenseAnywhere is gaining substantial recognition and market acceptance among the large businesses in India. We are excited to promote such a comprehensive and a robust solution to clients in India. The extensive built-in functionality can be easily used by most of the large companies without any customization". With headquarters in Pittsburgh, PA, VCOM is a fast-growing technology company that provides Internet based software products for banks and businesses. Proquest Solutions is a leading IT solutions provider to the Indian companies and is headquartered in Pune, the IT nerve center of India, around 140 miles from Mumbai.
ExpenseAnywhere is the registered trademark of Virtual Communications, Inc.
CONTACT:
Virtual Communications, Inc.
Pittsburgh, PA 15146
Ashok Dhar 412 858 1111
dhar@vcominc.com
WEBSITES: http://www.vcominc.com, http://www.expenseanywhere.com
Proquest Solutions Private Ltd.
2, Sneh Akash, Parihar Chowk,
Aundh Pune 411 007,
India
Shinie Nair
91 20 25884222
shinie@proquestsolutions.com
WebSite: www.proquestsolutions.com
Source:Virtual Communications, Inc.
4099 William Penn Highway; suite 600
Pittsburgh, PA 15146
Tel: 412 858 1111; Fax: 412 858 0102
ExpenseAnywhere and Web@TM are the registered trademarks of Virtual Communications, Inc. All other company and product names mentioned are used for identification purposes only and may be trademarks of their respective owners,
