11/19/2023 0 Comments Abacus corporation survey inc![]() GAO recommends partial reimbursement of protest costs where the record shows that the agency unduly delayed taking corrective action in response to a clearly meritorious challenge to the agency’s cost realism analysis reimbursement is not recommended with regard to other grounds where the record shows that the grounds were independent and therefore severable from the protester’s clearly meritorious ground, and were not themselves clearly meritorious.Ībacus Technology Corporation (Abacus), of Chevy Chase, Maryland, requests that our Office recommend that it be reimbursed the reasonable costs of filing and pursuing its protest challenging the issuance of a task order to Salient CRGT, Inc. Westfall-McGrail, Esq., Office of the General Counsel, GAO, participated in the preparation of the decision. Cornell, Esq., Department of Homeland Security, for the agency.Įlizabeth Witwer, Esq., and Jennifer D. Ginsberg, Esq., Pillsbury Winthrop Shaw Pittman LLP, for the protester. Jochum, Esq., Holland & Knight LLP, and Alexander B. Most have fewer than 500 employees, but clients also include marquee companies like file-hosting service Dropbox and automated email marketing platform MailChimp, according to Neveu.Gregory R. Send them through, and we will handle as they come through." Now, Certify is in a position to offer both methods, he said.Ībacus-co-founded in 2013 by CEO Omar Qari, chief technology officer Josh Halickman and chief product officer Ted Power-has more than 1,000 corporate clients. "Some companies absolutely want a definitive report for a period of time, project or trip and don't want 50 expenses coming in individually. "I'm not saying one system is better than the other," he said. Neveu is aware that real-time expense reporting is not for everyone. According to Expensify CEO David Barrett, RTER adoption was high among new companies, those not married to traditional expense processes established clients, however, tended to turn the setting off and revert to traditional, batched reports. "In Abacus, "he explained, "if I take a picture on July 1st at 2 p.m., it goes to the manager at 2:01 p.m., policy and artificial intelligence," Neveu said.Įxpensify branded the term Realtime Expense Reports in 2015, when it launched similar functionality. Other expense management firms, including Certify and Expensify, have since launched real-time expense reporting functionality-which automatically creates expense items, pairs credit card transactions with receipts and submits expenses for manager approval-but Neveu said Abacus remains "a game changer." While Certify's own expense reporting tool ReportExecutive creates expense items automatically, it groups and submits them on a scheduled basis-for example, on the first and 15th of every month-thereby maintaining the expense report concept. Should a company choose, it can reimburse complete and compliant expenses automatically. Abacus retrieves details using optical character recognition of the receipt, as well as geolocation, and it employs machine learning to categorize the expense and pair the receipt with a corporate card charge. Rather than requiring employees to submit expenses in batches associated with particular trips or time periods, the system submits each expense item individually as it comes in. Neveu described it as Abacus' ability to submit expenses as they come in, "an expense report without the expense report."Ībacus was one of the first companies to eliminate the expense report. ![]() ![]() Each company has maintained its own brand identity, as will Abacus, according to Certify founder and CEO Bob Neveu.Ĭertify was drawn to what Abacus calls its real-time expense reporting technology. Abacus joins expense tools ExpenseWatch, Nexonia and Tallie under Certify's management. Certify has acquired expense management company Abacus for an undisclosed amount.
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