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Road warriors and bean counters rejoice. An Emeryville software startup has figured out a way to speed up one of corporate America's most mundane tasks: the filing and processing of employee travel and expense reports.
Extensity Inc. has developed a new web-based software that allows business travelers to account for their expenses using their corporate intranet. The system eliminates all of the annoying paperwork and most of the receipt collecting, according to founder and CEO Sharam Sasson.
Released in March, Extensity's Expense Reports application has landed 10 corporate customers, including Nationsbanc Montgomery Securities and Franklin Templeton Group. …