Conshohocken, Pa. – July 11, 2006 – Copart, Inc., the nation’s largest reseller of total-loss vehicles, recently selected ExpenseWatch.com to automate internal expense controls throughout its 120 facilities in the United States and Canada.
Copart auctions wrecked and vehicles deemed to be total losses to auto dismantlers, used car dealers and other buyers. The company earns annual revenues of over $500 million and employs 2,300 people.
Copart plans to deploy the ExpenseWatch.com purchasing, travel and entertainment, and accounts payable workflow modules to automate financial processes and better manage company expenses. The company is rolling out the service now, beginning with its headquarters in Fairfield, Ca.
ExpenseWatch.com provides the full spectrum of on-demand expense control automation tools. 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 15 countries are using the ExpenseWatch.com service. Founded in 2000, the company is privately held.
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