Wednesday, February 22, 2017
Chrome River Launches New Hotel Expense Handling Feature
Los Angeles-based Chrome River, which develops cloud-based expense and invoice automation software, has extended its software to handle hotel bills and folios, the company said today. According to Chrome River, its new Chrome River FOLIO product automates hotel folio extraction into expense reports, taking emailed PDF or HTML hotel folios to its software, and creating full lime-item breakouts in their expense reports. Chrome River says its software automatically compares a hotel folio against a comprehensive repository of folio formats, extract the data, and then categorize it and export that data to Chrome River, splitting out such things as a room, parking, taxes, Internet, restaurant, and room service as separate items. The company said its feature was designed in conjunction with Traxo. Chrome River is led by CEO Alan Rich.