Verian’s Latest Release Speeds Management of Assets and Work Orders

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Verian Meets Challenges of Managing Services-Related Spend Head On with New Release

Asset management software

Version 12.1 Speeds Management of Assets and Work Orders

Verian goes beyond simply automating work order management to proactively providing solutions that ease the most unique circumstances regarding service requests.

Verian, the leader in helping organizations achieve world class cost control, recently released Version 12.1 of its comprehensive purchase to pay software suite, introducing a number of innovative solutions and enhancements that make it easier and faster to manage assets and work orders.

Managing maintenance and repair work in large organizations is a tremendous challenge, especially in cases where there are facilities and equipment distributed across many locations.

This time-consuming process typically requires several phone calls or emails to vendors to identify and report problems, and then more manual effort to try and correlate the requested maintenance to service agreements that are very hard to track.

Due to the urgency of the required maintenance, warranties and service contracts are often missed or disregarded entirely, making service work much more expensive than necessary, and making this category of services-related spend very hard to control.

Verian meets these challenges head on by providing dedicated asset management software that automates asset receipt records, automatically tying work order costs to specific assets, tracking warranty and service contracts, identifying asset location and condition, tracking depreciation and salvage value, and forecasting replacement costs. These asset management capabilities can stand alone but are also part of an integrated platform that includes Verian’s best-in-class purchase-to-pay solution.

Version 12.1 delivers several innovations that facilitate the systematic capture of elusive work order spending, which ultimately improves the bottom line, helping organizations gain visibility into the total ownership cost of all their assets. In addition, users get detailed analytics on all work order activity to help pinpoint troublesome products or vendors.

Delivering product breadth that focuses on capturing services-related spend sets Verian apart from most providers of purchase to pay software. Verian goes beyond simply automating work order management to proactively providing solutions that ease the most unique circumstances regarding service requests.

For example, service requests related to theft and fire damage often require special handling, such as the submission of police reports or insurance claims. Version 12.1 provides quick and easy ways to ensure critical documents like these are not omitted, while ensuring speed and completeness of data, resulting in faster claims resolution and compensation.

Verian's latest release also contains dozens of other enhancements, including capabilities that accelerate credit card statement reconciliation by up to 75%, and several enhancements to the software suite's best-in-class user interface.

About Verian

At Verian, we help organizations achieve world class cost control by putting all spending details at their fingertips in our broad, comprehensive purchase to pay software suite. With over 200 successful implementations, we get it right the first time, configuring software solutions that address companies’ unique challenges and industry specific complexities. We drive value beyond implementation by helping organizations bring every pocket of spend under management with our proven See-Manage-Save™ approach. Learn more by visiting our website at, or by reading our Verian blog. Stay current on Verian happenings by following us in social media on LinkedIn, Facebook, or Twitter.

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