CyberShift Unveils Expense-Processing Outsourcing Service - Business Travel News

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CyberShift Unveils Expense-Processing Outsourcing Service

August 10, 2010 - 12:40 PM ET

By Michael B. Baker

Expense management supplier CyberShift on Monday launched a selection of outsourced services to handle administrative tasks associated with the expense reporting process.

Outsourced services include auditing of expense reports, payment services to corporate card suppliers and travelers, receipt handling, end-user support and system administration support. Craig Fearon, CyberShift's senior product director for expense applications, said the services were designed with small companies in mind, many of which have expense managers who are facing increasing job loads because of workforce reductions.

"It's a fairly big swing in the marketplace," Fearon said. "People are saying they want us to do more of the tasks, that they want to have their cake and eat it too and for us to take the fork."

Fearon said CyberShift's outsourced offerings are billed by time used and carry no minimum use requirements.

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