DATABASICS Announces Travel Expense Budgeting

RESTON, Va., July 23 /PRNewswire/ -- DATABASICS, the leader in integrated
travel expense reporting, announces the general availability of DATABASICS'
Travel Expense Budgeting, an add-on to DATABASICS' expense reporting solution
ExpenSite. With Travel Expense Budgeting, organizations can cap travel spend
more effectively than was previously possible.
DATABASICS Travel Expense Budgeting combines prospective travel with
actual travel expenditures to take the "guess-work" out of budgetary
decisions. By providing visibility into the travel pipeline, Travel Expense
Budgeting allows approvers to reduce spend without building in a safety margin
to avoid overshooting spending targets. This means less mission impact and
greater assurance that mandated cuts take place.
A highly flexible tool, Travel Expense Budgeting supports budgets at any
organization level or by other dimensions like projects or employee type.
Travel Expense Budgeting automatically calculates budget status by integrating
DATABASICS Travel Authorizations, agency booking and ticketing data, credit
card transactions, and expenditures directly entered by travelers on their
expense reports. In short, Travel Expense Budgeting captures travel spend
from trip planning through completion.
According to Alan Tyson, CEO of DATABASICS, "Travel Expense Budgeting
represents the real payoff in travel and expense reporting integration:
saving money on travel while minimizing the operational impact. Budgeting
belongs inside the travel management process. Whether you are managing
individual travel or meetings, it's there that the spending decisions are made
and it's there that you need the control. After-the-fact, General Ledger-
based budgeted is simply not timely enough. Budgeting of the kind we offer
has become indispensable-that's why we developed it."
DATABASICS Budgeting is available now from DATABASICS
(www.data-basics.com) and through DATABASICS' partners TRX, GetThere,
Microsoft Dynamics VARS, Runzheimer International and Rearden Commerce.
About DATABASICS:
Based in Reston, Virginia, DATABASICS is the leader in integrated expense
reporting solutions. DATABASICS offers expense reporting, expense budgeting,
receipt management, and full travel and accounting integration. A recipient
of the Deloitte and Touche Fast50 award for the state of Virginia, DATABASICS
serves a wide spectrum of clients including federal contractors, non-profits,
manufacturers, health care providers, IT, telecommunications, aerospace,
financial services, and professional services. More information about
DATABASICS is available at www.data-basics.com.
SOURCE DATABASICS Incorporated

Chris Harley of DATABASICS, +1-703-262-0097 ext. 251, or
chris.harley@data-basics.com