DATABASICS Announces Travel Expense Budgeting

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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 () 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 .
DATABASICS Incorporated