LONDON/LOS ANGELES, April 15, 2015 – Chrome River, a leading provider of expense reporting and supplier invoice processing software and Western Union Business Solutions (UK) Limited, a leading provider of global foreign exchange and payments, today announced a new UK-based collaboration that will provide customers with operational and cost efficiencies through online expense reporting and invoice processing coupled with cross-border payment processing.
Chrome River customers will benefit by having a solution to send and receive international payments and manage foreign currency exchange for their overseas transactions. Western Union Business Solutions (UK) Limited customers will have access to an easy-to-use, SaaS-based expense reporting and invoice processing solution with the flexibility to accommodate complex business rules, policies, workflow routing, management reporting and integration with ERP and financial systems.
Tony Crivelli, Managing Director of Western Union Business Solutions (UK) Limited, said:
“We are excited to be bringing our alliance with Chrome River to the UK. Their invoice management automation and expense reporting systems offer a streamlined and efficient platform which we are pleased to be able to offer our clients.”
Commenting on the alliance Alan Rich, co-founder and chief executive officer of Chrome River, said:
“Our relationship with Western Union Business Solutions is part of our strategy to ensure that customers can solve their international payment requirements smoothly and efficiently. We are proud to be part of an ecosystem that is focused on providing enhanced solutions to customers.”
The new UK alliance between the companies follows on from a similar arrangement in North America that launched in June 2014 and will provide growth opportunities for both companies in the UK and internationally.
About Chrome River
Chrome River Technologies, Inc. provides expense reporting and supplier invoice automation solutions that uniquely combine the latest available internet technologies with a team of industry-leading implementation and support experts. 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. Locate additional information about our solutions and request a Chrome River demonstration today by visiting the company website at www.chromeriver.com or by calling +1.888.781.0088.
About Western Union Business Solutions
Western Union Business Solutions enables companies of all sizes to send and receive international payments and manage global cash flow, creating unique solutions tailored to suit their individual needs. It is a business unit of the Western Union Company (NYSE: WU), a leading non-bank provider of cross border payments, which operates its Business Solutions services through locally licensed affiliates in over 30 countries. Clients are supported by a network of trading offices, strategic banking relationships and a global clearing network and can send cross-border foreign exchange payments in more than 135 currencies.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of December 31, 2014, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 500,000 agent locations in 200 countries and territories and over 100,000 ATMs and kiosks. In 2014, The Western Union Company completed 255 million consumer-to-consumer transactions worldwide, moving $85 billion of principal between consumers, and 484 million business payments. For more information, visit www.westernunion.com.