Gelco, the largest and most experienced provider of e-business expense management and reimbursement programs, announced that Central Connecticut State University (CCSU), New Britain, Conn., has implemented Gelco Travel Manager, an Internet-based system to automate business travel and expense management. The Gelco application provides CCSU the ability to gain greater control over travel and expense management processes and reduce the costs of these processes within a paperless environment.
The new system enables the University’s travelers to prepare travel documents, route them for review and electronic approval, audit for compliance in advance, download travel card expenses automatically, and submit a final expense report via the Internet. The system will interface with the University’s SCT Banner financial application.
“Travel Manager is set to revolutionize the travel process at CCSU,” said Frank R.A. Resnick, CCSU chief financial officer. “It’s a state-of-the-art system with access wherever there is an Internet connection. Our major travel users are on the system for domestic and international travel. In the future, we see an opportunity for invitational travelers and student groups such as clubs on University related travel to also use the system. Our intent is to go paperless, and we’ve begun that process.”
CCSU selected Gelco Travel Manager after a competitive review. According to Laurie Napierski, CCSU’s travel office manager, “The primary reasons for selecting this product were that it is used in government agencies, and as a State agency we follow many of the same policies as contained in the Federal Travel Regulations, including per diems; and it was the only product that we found that allowed pre-trip approvals.” All University business travelers – from faculty members to coaches on behalf of their athletes – will have access to Travel Manager after a brief, comprehensive training session.
CCSU, Connecticut’s oldest publicly-supported institution of higher education, serves 12,000 students, and is the largest of the four universities of the Connecticut State University System. CCSU has been recognized for its “visionary innovations in undergraduate education” by the Association of American Colleges & Universities, which selected Central as one of 16 “Leadership Institutions” in the nation and the only one in Connecticut.
“Higher education has become increasingly aware of the need to control business expenses,” said Andy Bridge, Gelco Expense Management Group vice president. “In response, Gelco is dedicating considerable resources to address this need.
“According to American Express, travel spending is now the second most controllable business cost for any organization. Gelco has developed proven e-business processes that colleges and universities can use to lower administrative costs by as much as 70 percent, virtually eliminate problems with compliance, and streamline their expense management practices.”
Gelco Travel Manager is available as a customer-hosted application or with Gelco serving as the ASP. Travel Manager is also deployed by Colorado State University, Fort Collins, Colo., and more than 120 public sector organizations and installations worldwide.
Minneapolis-based Gelco Information Network is a wholly owned subsidiary of HG Holdings, a multinational interest specializing in e-business products and services for mobile employees. Gelco has been providing travel expense management software and services for more than 35 years. As a whole, the company processed more than $11 billion in reimbursements in 2000. The Expense Management Group serves over 1.9 million users in over 1,200 corporations and federal agencies, including Ericsson, Boeing, The Toro Company, American Home Products, EMC, Reebok International, Ltd., and the United States Government (including the Department of Defense, State Department and NASA).
Leveraging an e-business infrastructure through technology from Sun Microsystems, Cisco, Oracle, EMC and Microsoft, Gelco is the only company that provides its customers with complete expense and trade fund management solutions. Additionally, through its partnerships and private-label relationships, Gelco provides this e-business technology and infrastructure to application service providers and other providers of travel management services. For more information, visit the Gelco Web site at [www.gelco.com] or call 1-800-444-6588.