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Extensity, a leading provider of Web-based employee optimisation software, has been selected by Ernst & Young in the UK to provide an integrated time and expense management solution. Ernst & Young will use Extensity Expense Reports and Extensity Timesheets to streamline billable time tracking and expense reporting processes for its 7,000 business advisers based in the UK.

Ernst & Young needed to find a solution that would enable its employees, both on and off-site, to submit internal reports with less administrative effort. By processing all such claims using Extensity, Ernst & Young is able to ensure that their employees are not distracted from their key task of delivering value to clients by spending excessive time on paper-based administration tasks.

Extensity will help Ernst & Young’s UK employees to submit timesheets and expense reports quickly and efficiently from any Internet-enabled device such as a desktop, laptop or PDA. The information submitted will be automatically monitored by Ernst & Young’s pre-determined business criteria.

"We chose Extensity Timesheets and Expense Reports because we were looking to find a solution that could be integrated easily into our current corporate network," commented John McCorquodale, Operations Partner, Ernst & Young. "By streamlining our internal processes further, we can gather the data needed to bill our clients with more detail than ever before."

"Ernst & Young are one of a number of companies who are realising the potential of automating internal administrative processes via the Internet to allow employees to focus on their core areas of work," continued Brian Mort, vice president, Extensity Europe. "Traditional time and expense reporting are two of the most expensive and time consuming processes for a company, and I am pleased to see companies such as Ernst & Young leading the new wave of forward thinking companies."


About Extensity

Extensity provides Internet-based employee optimisation solutions designed to improve the productivity of employees across the enterprise and to enhance operating efficiency. Extensity's flagship product, Extensity Connect, transforms the way companies do business by automating routine and time consuming administrative tasks including management of: travel and expense, procurement and billable time so that employees can focus on higher-value core business activities. Extensity is now deployed globally in 40 countries with more than 570,000 seats licensed worldwide to 220 customers including: America Online (AOL), BT (North America), Cisco Systems, Four Seasons Hotels and Resorts, Genesys Telecommunications, Reed Business Information, Incyte Pharmaceuticals, Sybase and Excite @Home.

More information about Extensity is available on its web site located at http://www.extensity.com



For further information please contact:

Press Contact:

Will Rae

Chaz Brooks Communications

Tel: +44 (0) 1483 277 711

Email: willr@chazb.com


Extensity Contact:

Tina Hou/ Diane Paternoster

Extensity

Tel: +44 (0) 1932 796334

Email: thou@extensity.com

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