University of Minnesota System Selects Chrome River to Modernize Expense Management Capabilities

June 13, 2017         By: Payment Week

LOS ANGELES–(BUSINESS WIRE)Chrome River, a global leader in expense and invoice management solutions, has been selected to deploy its cloud-based Chrome River EXPENSE throughout the University of Minnesota system (UMN). Chrome River will be rolled out to almost 30,000 faculty and staff members across four campuses.

Chrome River EXPENSE will replace UMN’s existing ERP-based expense solution, and will allow users to easily capture and submit their expenses on any mobile device, all with an easy-to-use web application. The system will also streamline back-end processes, enable more accurate reporting, and deliver actionable data for more effective financial decision-making.

“Chrome River’s technology is a great match for the complex needs of higher education institutions. Our ability to handle grant-based compliance rules, support budget encumbrances, and integrate with universities’ finance, HR and security systems has led to our strong growth in this market,” said Alan Rich, CEO of Chrome River. “In addition, we’re increasingly seeing higher education institutions place a premium on the user experience for software solutions, as this ultimately drives system adoption and allows the institutions to automate the most complex compliance and approval processes.”

About Chrome River

Chrome River Technologies, Inc. lets business flow for some of the world’s largest and most respected global organizations. Our highly-configurable cloud-based expense reporting and supplier invoice automation solutions deliver an elegant and intuitive user interface, which offer the same high-quality experience on a smartphone, tablet or laptop. Our SaaS products provide a world-class business rules engine and technology infrastructure, combined with a completely agile solution that supports today’s changing business climate, and that the CFO, AP and travel managers, and business travelers will all love.

To find out why Chrome River is trusted by more than 1 million users at 600 organizations worldwide, contact us at +1 888 781 0088 or visit us at www.chromeriver.com, or on Facebook, Twitter and LinkedIn.

About the University of Minnesota

Founded in 1851, the University of Minnesota is ranked among the nation’s top public research universities. As a land-grant institution, the U of M is committed to engaging Minnesota, national and global communities to advance interdisciplinary knowledge; enhance students’ academic, civic, career, social and personal development; and apply intellectual and human capital to serve the public good. Visit umn.edu to learn more.