Created on November 1, 2007 - 10:00am

Equus Software Incorporates Online Employee Expense Entry

Denver, Colorado - November 1, 2007 - Equus Software announced today the release of GROW/AssignmentPro version 4.0.  This version of the software incorporates new functionality with online Employee Expense Entry capabilities.

Online Employee Expense Entry saves time for Companies and relocated employees alike. Employees can keep track of their relocation expenditures from anywhere with their own personal, secure web portal access into their relocation/assignment. The expense report can be submitted online and automatically uploads into the employee's record for review and approval.

The new feature is driven by the authorized policy for an employee. When an employee begins to enter expenses, only the expense types that are available under his/her policy display on the screen. For example, if an employee is authorized to receive temporary living benefits but not duplicate housing payments, temporary living expense types will be available for the employee to submit expenses but the employee will not see duplicate housing expenses on the screen.

Full currency conversion is maintained with Online Employee Expense Entry. Companies can determine whether to allow the employee to enter a currency exchange rate, select from the rate types or have no access to exchange rates. If the employee is selecting from a list of currencies, the appropriate rate will be selected from the Company's uploaded rate list and used to calculate the exchange.

Bar coding is also incorporated to expedite payments. When an employee sumbits an expense statement, s/he can print a copy of the expense report. GROW/AssignmentPro will add a unique bar code to the report. The employee can fax the report and receipts to the Company's fax server where GROW/AssignmentPro will scan the submitted faxes for the bar code then attach it to the appropriate voucher in the system as documenation.

Online Employee Expense Entry works together with Equus' BPM/workflow engine. When the employee submits an expense statement, it may need approvals from appropriate personnel within the Company. GROW/AssignmentPro will route the expense statement to these individuals for approval and/or will route the report into the relocation department. The order and number of approvers is determined by the Company. A complete history of approvals and approvers is maintained on each voucher received.

About Equus

Founded in 1999, Equus offers software solutions for all aspects of workforce mobility - from U.S. domestic relocation operations to comprehensive international assignment management. Equus is the undisputed leader in corporate mobility software, with over 100,000 employee relocations entrused to Equus' software products each year. Software innovation and unmatched customer support have made Equus the intelligent move for employee relocation and assignment management worldwide.

CONTACT:
Rob Giese, GMS CRP CCHP
Equus Software
(303) 292-4200 ext 219
RGiese@equusoft.com
www.equusoft.com

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