Arrangement will allow customers of expense management company to stay on top of regulatory changes
by: BTE
Chrome River customers now can stay on top of changes to tax and expense reimbursement regulations around the world by signing up for a data partnership between the expense management provider and PwC, the accounting firm. PwC will provide Chrome River with details about upcoming regulation changes, and for a monthly fee, Chrome River will email that information to clients, which then can work with Chrome River's project management team to configure their expense management systems accordingly. Chrome River guides customers on configuration during implementation, but the partnership, according to a Chrome River spokesperson, “will give us greater vision of any changes that are coming regarding expense reimbursement, tax or statutory issues that could affect the organization such as reimbursements for home phones and Internet, personal and company cars and nonemployee meals.”
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