Chrome River, Traxo Tie On Expense Reports

Los Angeles-based expense and invoice automation software developer Chrome River said today that it has tied with Traxo, a developer of APIs for parsing corporate data. The two said Chrome River is using Traxo's software to speed up the creation of detailed, expense reports from hotel bills, by automatically parsing out separate expenses on hotel bills for such things are parking, meals, room service, rooms, and taxes. Financial details of the partnership were not announced.