LOS ANGELES, July 13, 2010 -- Chrome River Technologies, a leading provider of expense reporting and invoice automation, announced today the release of Chrome River ANALYTICS, an innovative report-generating solution that delivers real-time insights and comprehensive analysis via a powerful business intelligence platform. 

Utilizing Information Builders’ WebFOCUS InfoAssist application, Chrome River ANALYTICS features a robust ad hoc reporting tool for query, reporting and analysis, putting advanced report creation capabilities into the hands of the business user.  This vastly customizable solution allows customers to satisfy their own BI needs by creating intricate, insightful reports, complete with charts and dashboards, from multiple business information systems, without the assistance of a technical staff.

The ANALYTICS ad hoc business reporting tool has the capability to track global and departmental spending, check cost center activity, compare individual user activity and delve deeper into specific data when needed.  Executives can review, analyze and compare past and current expenses, and analyze billable and non-billable expenses within a chosen date range and a combination of factors including amount, client, cost center, practice group, employee, expense type, region, vendor and more.  With this endless array of information at their fingertips, executives have the knowledge necessary for effective decision-making and smooth execution of day-to-day business operations.

“The ANALYTICS module is the answer to a request we continually hear from clients,” said Alan Rich, CEO of Chrome River Technologies.  “They want the power to pull specific data, unique to their organizational needs, analyze that data, and create complex reports.  With Chrome River ANALYTICS, we are giving users the ability to obtain the answers they want, utilizing state-of-the-art reporting and BI capabilities, in a self-serving reporting environment.”

In addition to the ad hoc reporting function, Chrome River ANALYTICS features standard reports for essential business functions including year-to-date-expenses, expenses itemized by categories and expense reports waiting for approval. 

In order to meet the fast-paced business needs of executives, Active Reports, another ANALYTICS component, delivers comprehensive reports to users computers as well as their mobile devices including iPhones, Treos, PDAs and other smartphone devices.  Active Reports consists of data and interactive capabilities bound together in a single file, allowing users to interact with data without a connection to a server in self-contained reports.

The introduction of the ANALYTICS module adds significant value to Chrome River’s expense automation product lines, expanding both the breadth and depth of their reporting abilities.

About Chrome River

Chrome River Technologies, Inc. provides expense reporting and invoice automation solutions that uniquely combine the latest available internet technologies with over 25 years of financial systems experience.  Chrome River delivers immediate payback via a “Software as a Service” delivery model that requires no hardware, no software, and no long-term commitment.  This unique service is easily configurable to meet the needs of organizations worldwide with complex expense management policies and collaborative approval processes.  Additional information about Chrome River Technologies, Inc. and its solutions may be obtained by phone at 1.888.781.0088 or by visiting the company website at www.chromeriver.com.

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