Plymouth Meeting, Pa. – May 22, a href="http://www.expensewatch.com/Shared – Philadelphia Federal Credit Union recently selected ExpenseWatch.com to automate expense controls in its headquarters and eight branch offices.
PFCU serves more than 100,000 members from 600-plus organizations in Pennsylvania, New Jersey and Delaware. One of the top five credit unions in the area, it manages assets in excess of $500 million and employs approximately 250 people.
PFCU will begin rolling out the purchasing, travel and entertainment and accounts payable workflow modules of ExpenseWatch.com within the next month. Harrington says she expects the system will allow the credit union to streamline processes, eliminate paper-intensive procedures and control costs.
ExpenseWatch.com is an on-demand expense control and reporting system that automates key financial processes and delivers powerful tools to streamline and control expenses. Customers automate all or a portion of their expenses by choosing which modules they need for travel and entertainment, purchasing, and accounts payable workflow. Policies and budgets, compliance, real-time reporting, maintenance, support and training are all included in the subscription pricing. Currently, thousands of people in more than 10 countries are using the ExpenseWatch.com service. Founded in 2000, the company is privately held.