August 18, 2008 08:00 ET

AAPA and CyberShift Join Forces to Help Organizations Understand How to Ensure Their Expense Reimbursements Meet IRS Requirements

Co-Hosted Webinar Will Explore the Benefits of Expense Automation and the Latest Tools Available to Help Organizations Meet Financial Requirements and Achieve Greater Cost Control

PARSIPPANY, NJ--(Marketwire - August 18, 2008) -

    WHO:     Jim Medlock, director of Education and Training at the
             American Accounts Payroll Association (AAPA), the professional
             society for Accounts Payable Professionals and Craig Fearon,
             senior product director for Expense Applications at
             CyberShift, Inc., a leading provider of workforce management
             and expense management software and services

    WHAT:    Will present a co-hosted Webinar entitled, "Ensuring Your
             Automated Travel and Entertainment Expense Reimbursements Meet
             IRS Requirements," that will examine how organizations can
             make sure their expense reporting and reimbursement processes
             meet the requirements of the IRS and identify ways to keep
             business travel costs under control

    WHEN:    The Webinar will be held on Thursday, September 4, 2008 from
             2:00 p.m. to 3:00 p.m. EDT

    WHERE:   To register for the free Webinar, please visit
             http://www.cybershift.com/EMA or call 1-877-274-4381 extension
             3250

    DETAILS: For most organizations, employee business expenses, including
             travel and entertainment (T&E), payroll cards and fleet are
             essential, yet represent the second largest expense after
             labor. To process these expenses using manual or outdated
             processes is time consuming and worse, less accurate than an
             automated expense reporting system, leaving an organization at
             risk of fraud as well as in violation of corporate polices and
             IRS requirements.

             An automated expense management solution provides a mechanism
             for the approval and audit of T&E and other business expenses
             relative to corporate governance and financial reporting
             requirements including Sarbanes-Oxley. Additionally, with
             automated tools that support and streamline the expense
             reporting and reimbursement processes such as receipts digital
             filing and mobile devices, organizations can improve the
             management of their overall business expenditures and, in many
             cases, reduce costs.

             This Webinar presentation, co-hosted by two industry experts,
             will help organizations understand the IRS' requirements
             related to expense reporting and reimbursements, how to keep
             pace with IRS regulations and ensure compliance, achieve
             greater control over costs and gain visibility into employee
             business expenses and spending patterns.

             Following the Webinar, upon completion of a brief survey,
             attendees will receive one RCH (recertification credit hour)
             and a white paper entitled, "Working it Out: How Today's
             Organizations Use Mobile Enterprise Solutions and Enable
             Workers to Take the Office with Them."

About American Accounts Payable Association

The American Payroll Association (APA), the nation's leader in payroll education since 1982, is pleased to introduce the American Accounts Payable Association (AAPA). AAPA is the professional society for Accounts Payable (AP), dedicated to providing leading-edge education, support, and recognition for the AP community. AAPA provides training, publications, and other resources to help AP professionals implement effective strategies and best practices, while maintaining compliance. For more information on the AAPA, please visit www.americanaccountspayable.org.

About CyberShift

CyberShift, Inc. is a leading provider of workforce management and expense management software and services focused on helping mid-sized to large, complex organizations improve organizational performance and profitability. CyberShift's Necho Expense™ automates the processing and facilitates the management of employee business expenses and helps companies improve compliance; enforce expense policies and procedures and increase visibility into operations. Through its integrated Workforce Management 3G™ suite, which includes time and attendance, advanced scheduling, absence management, and reporting and analytics, companies can more effectively plan, manage and deploy their workforces, reduce costs and improve processes across business operations. Offered in both traditional license fee and Software-as-a-Service (SaaS) delivery models, CyberShift's innovative solutions have been awarded U.S. and Canadian patents. More information can be accessed at www.CyberShift.com.