MINNEAPOLIS -- Gelco Information Network announced the introduction of ExpenseLink/Web 4.3 -- the latest version of Gelco's Web-based solution that enables businesses to outsource travel and entertainment expense management.

Gelco said the service automates the entire expense-management process, from expense reporting and reimbursement to data analysis and recordkeeping.

ExpenseLink/Web users create expense reports on line or off line and then submit them securely via the Internet.

Then users are reimbursed by direct payment to bank accounts within three banking days. Corporate charge cards are paid directly according to their company's payment schedule, Gelco said.

Travelers and travel managers are notified of any policy violations, said Gelco.

ExpenseLink/Web 4.3 further simplifies expense reporting by introducing what Gelco calls "user-friendly enhancements," like direct links to Web sites with travel information and exchange rates.

Gelco said that the updated version of ExpenseLink will enable travel managers to create expense reports more quickly and simply.

New features include user-specific lists and permission-based expense report creation -- which enables one user to create and submit reports on behalf of another.

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