SOURCE: CyberShift Inc. Comprehensive Suite of Offerings Provides Cost Control and Efficiency Gains by Enabling Organizations to Outsource Routine Expense Report Management Processes PARSIPPANY, NJ–(Marketwire – August 9, 2010) –   CyberShift , a global provider of expense management and workforce management software and services, today announced the availability of CyberShift Outsourced Services for their suite of Expense Management Automation solutions. These value-added services allow clients to offload some or all of the daily administrative tasks associated with expense reporting processes directly to CyberShift, enabling companies to focus on higher value, strategic functions such as policy review, spend management and vendor program analysis.  Whether employee travel is stable or on the rise, efficiently managing the full cycle of the expense report process is necessary for effective and prudent financial oversight. This requires staff to audit reports for accuracy; verify receipts, manage reimbursements, answer questions from end users and more. Focusing on these detailed actions needed for efficient expense report management leaves accounts payable and travel management professionals with little time to spend on more strategic activities. By offloading the key administrative tasks associated with the expense report processes directly to CyberShift, organizations benefit from having increased spend and program insight and are able to focus on other business critical activities. CyberShift Outsourced Services include: Expense Report Audits – Outsourced and independent audit of expense reports Expense Report Payments – Reimbursement to the charge card vendor and submitter Receipt Handling Service – Imaging and verification of paper receipts from submitters End User Support – Support services directly for end user submitters and approvers System Administration Support – Tasks such as policy and approval chain updates “Expense management is a significant component of business travel, yet in today’s workplace reality many organizations are operating with fewer resources to manage these costs. CyberShift Outsourced Services help companies achieve greater control over costs, improve automation processes, increase employee productivity and satisfaction and expand spend management visibility without having to dedicate internal resources or add to headcount,” commented Craig Fearon, CyberShift’s senior product director, expense applications