Global Packaging Leader Sonoco Selects Chrome River for Cloud-based Expense Management


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


LOS ANGELES--(BUSINESS WIRE)--

Chrome River Technologies, a leading provider of expense management and supplier invoice processing software, today announced that Sonoco Products Company (NYSE: SON), one of the world's largest consumer packaging manufacturers, has selected Chrome River EXPENSE as its global expense management solution.

Chrome River EXPENSE will be used by Sonoco's team across North and South America, Europe and Asia. Chrome River was selected in part due to its unique business rules engine, which enables complex global expense policies and approval routing to be easily automated and updated as needed, increasing compliance and speeding up expense reimbursement for Sonoco's business travelers around the globe.

Sonoco, based in Hartsville, S.C., is the state's largest company by revenue, with sales in excess of $5 billion per year. Sonoco produces packaging for a variety of industries and many of the world's most recognized brands, and has customers in 85 nations.

"Chrome River EXPENSE is all about making our users' lives a little bit smoother and easier. We deliver a productivity tool that employees love to use," said Alan Rich, CEO of Chrome River. "At the same time, we use our technology to handle the most sophisticated global requirements. We are proud to be working with Sonoco to provide a great experience to all members of their organization."

About Chrome River

Chrome River Technologies, Inc. provides expense reporting and supplier invoice automation solutions that combine the latest enterprise and mobile technologies with a team of industry-leading implementation and support experts. Chrome River delivers immediate payback via a software as a service delivery model that requires no hardware, no software, and no long-term commitment. This service is easily configurable to meet the needs of organizations worldwide with complex expense management policies and collaborative approval processes. Request a demonstration today and locate additional information about Chrome River and its solutions by visiting the company website at www.chromeriver.com or by calling +1.888.781.0088.

About Sonoco

Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of nearly $5 billion, the Company has 21,000 employees working in more than 330 operations in 34 countries, serving some of the world's best known brands in some 85 nations. Sonoco is a proud member of the 2015/2016 Dow Jones Sustainability World Index. For more information on the Company, visit our website at www.sonoco.com.

Chrome River Technologies
Tim Wheatcroft, 619-300-5531
tim.wheatcroft@chromeriver.com


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Press Releases