(Bloomberg) -- Box Inc., trying to expand revenue amid slower billings growth, will unveil new software developed with IBM to help companies set up and manage document-heavy workflows like recruiting, budgeting, sales and customer management.

Called Box Relay, the product lets customers build processes and invite workers and outside partners to participate. They can review, edit, upload and reject needed documents and receive alerts to keep up to date on progress. It relies on workflow software from Box partner International Business Machines Corp. Currently companies use a variety of programs for this kind of collaborative effort, from older, complex products like Microsoft Corp.'s SharePoint and EMC Corp.'s Documentum to spreadsheets and e-mails that aren't meant for managing workflow.

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