LOS ANGELES, February 26, 2018 – Chrome River Technologies, Inc., a global leader in expense and invoice management, has been recognized as a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-enabled Travel and Expense (T&E) Management 2018 Vendor Assessment. The IDC MarketScape is based on the capabilities and strategies of nine cloud T&E management solutions providers, and incorporates insight from IDC’s analysts, as well as feedback from the vendors’ own customers.
According to the IDC MarketScape report, Chrome River customers stated that the expense management web app has an excellent user experience, drastically reducing the amount of training that their employees needed.
“Chrome River EXPENSE is positioned as a leader in the IDC MarketScape for SaaS and Cloud-enabled Travel and Expense Management due to its capabilities and strategies in areas ranging from customer satisfaction and cloud deployment as well as its functional capabilities,” said Jordan Jewell, Senior Research Analyst, Digital Commerce and Enterprise Applications, at IDC. “Chrome River is also one of few providers that has truly global capabilities. We believe that any professional services firm, or a midmarket or large enterprise business with sophisticated expense management requirements, including global expense management, should strongly consider Chrome River and use the T&E IDC MarketScape as a resource in its vendor selection process.”
“We are delighted to have been recognized as a Leader in the IDC MarketScape, particularly given that this report is based on the insight of both experienced market analysts and our own customers,” said Alan Rich, CEO and co-founder of Chrome River. “Chrome River places a major focus on both technical innovation and delighting our customers, so we are honored for this investment to have been validated by the IDC MarketScape.”
A copy of the IDC MarketScape: Worldwide SaaS and Cloud-enabled Travel and Expense Management 2018 Vendor Assessment (doc #US43569218, February 2018) can be downloaded here.
About Chrome River
Chrome River Technologies, Inc. lets business flow for some of the world’s largest and most respected global organizations. Our highly-configurable cloud-based expense reporting and supplier invoice automation solutions deliver an elegant and intuitive user interface, which offer the same high-quality experience on a smartphone, tablet or laptop. Our SaaS products provide a world-class business rules engine and technology infrastructure, combined with a completely agile solution that supports today's changing business climate, and that the CFO, AP and travel managers, and business travelers will all love.
To find out why Chrome River is trusted by more than 2 million users at more than 750 organizations worldwide, contact us at +1 888 781 0088, or visit us at www.chromeriver.com, or on Facebook, Twitter and LinkedIn.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.