Expense Management Manual expense reports can be difficult

Expense Management

Manual expense reports can be difficult to manage… • Time-consuming for both travelers and non-travelers to fill out • Inconvenient for approvers to review • Expenses not reimbursed when receipts lost • Reimbursement process takes weeks © 2008 Rearden Commerce. All rights reserved. CONFIDENTIAL & PROPRIETARY TO REARDEN COMMERCE

…and using spreadsheets can get unwieldy • Time consuming to process • Prone to errors • Expensive to audit • Difficult to track costs

Integrated Expense Management simplifies the process • One site for travel, services and expenses • Full Integration with the Personal Assistant • Single Sign On – no need for multiple passwords or logins • Reports are pre-populated with expense details from the Personal Assistant, corporate cards and personal credit/debit cards

Automatically populate expense reports • Enforce policy compliance • Track booked versus expensed amounts • Achieve rapid and total adoption • Lower total cost of T&E

Open Expense Network Choose the expense provider that is best for you • Committed to an open approach to travel and expense integration • Consortium includes Cybershift, Expensewatch, Expense. Wire, Databasics, and Suti. Soft • Other vendors can be added by linking to our API © 2008 Rearden Commerce. All rights reserved. CONFIDENTIAL & PROPRIETARY TO REARDEN COMMERCE

Expense. Wire Integrated Solution

Expense. Wire “Expense. Wire, seamlessly integrated with the Rearden Personal Assistant, delivered the spend control and user experience that we were looking for. ” “A clear winner in terms of total value. ” “Road Warrior’s best tool for expense reporting. ” © 2008 Rearden Commerce. All rights reserved. “Best in class for the middle markets. ” CONFIDENTIAL & PROPRIETARY TO REARDEN COMMERCE

Benefits for the employee • Import expenses from corporate cards AND personal credit/debit cards • Automatic population of booked travel itinerary information • Get reimbursed faster through direct deposit • Automatic currency conversion for the date of purchase • No more spreadsheets / paper forms © 2008 Rearden Commerce. All rights reserved. CONFIDENTIAL & PROPRIETARY TO REARDEN COMMERCE

Benefits for the approver • Instant notification via email • View all reports awaiting approval • View extended managers workload • Ability to manage by exception • View receipts on line • Line-item denials • One-click approvals • No more spreadsheets © 2008 Rearden Commerce. All rights reserved. CONFIDENTIAL & PROPRIETARY TO REARDEN COMMERCE

Benefits for accounting • Comprehensive control • Click-to-pay reimbursement • Rapid deployment • Elimination of duplicate data entry • Dozens of reports and extracts for no extra fees © 2008 Rearden Commerce. All rights reserved. CONFIDENTIAL & PROPRIETARY TO REARDEN COMMERCE

Expect more… • Encapsulated best practices • Easy and rapid deployment • Great user adoption • Open ecosystem of services • Real customer service © 2008 Rearden Commerce. All rights reserved. CONFIDENTIAL & PROPRIETARY TO REARDEN COMMERCE

Appendix

Comparison to Concur For employees and approvers Feature Full integration with booking tool Intuitive user interface / minimal training needed Link to corporate and personal credit/debit cards NEAT Receipts scanning Real time currency conversion to date of transaction Hover-over view of receipts, violations and user info Approvals from body of email View approvals for direct and extended reports on one screen Buddy list to catch employees submitting the same expense Build and save custom reports at no additional charge © 2008 Rearden Commerce, Inc, All rights reserved. Expense. Wire ü ü ü ü ü Concur ü PROPRIETARY TO REARDEN COMMERCE

Comparison to Concur For companies Feature Expense. Wire Concur ACH direct deposit ü ü Integration with any booking tool ü Additional fees for real time credit card feeds Additional fees for reporting ü ü Additional fees to configure rules and customize fields ü Additional fees for admins to change or add system functionality ü © 2008 Rearden Commerce, Inc, All rights reserved. PROPRIETARY TO REARDEN COMMERCE