Verian Signs Largest U.S. Provider of Longer Stay Hotel Properties

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Hospitality Leader Cites Depth of Verian Product Suite as Key Decision Making Factor

We are truly fortunate that this hospitality leader has chosen to join our Verian family of customers. We are ready to help them achieve their vision of better spend visibility and control, so they can drive savings.

Verian, provider of the broadest purchasing and invoice processing suite on the market, has signed the leading provider of longer stay hotel properties in the United States.

The client organization is a category leader in the hospitality industry, operating nearly 700 hotels in North America, and offering more than 76,000 rooms nationwide.

The client signed contracts for Verian’s Purchase Manager, Invoice Manager, Expense Manager, Asset Manager, Advanced Budgeting, Vendor Connectivity (Supplier Portal), and Spend Intelligence software solutions.

The company serves many different types of guests, such as families looking for affordable getaways, government or military personnel on relocation, business travelers who require temporary housing, and travel coordinators who need multi-location extended stay accommodations with direct billing capabilities.

The client organization specializes in providing business and leisure travelers with functional hotel suites at exceptional values. Their guests enjoy fully-equipped kitchens, in-room Wi-Fi Internet access, unlimited local phone use and personalized voicemail, pet friendly accommodations, and pools and fitness centers at select locations.

Additionally, because every hotel is company-owned, each is inspected and reviewed throughout the year to ensure that corporate specifications are consistently achieved. The company believes that maintaining such high standards means their guests will have a stay that is worth repeating.

The client’s initial objective is to gain more control over their purchasing and invoice approval processes to better comply with stricter auditing standards. The company retained a consulting group to help them drive better definition of their internal processes, and to help them select a purchase-to-pay vendor.

After considering several top industry vendors, the company felt the depth and breadth of Verian’s solutions offered the most value, and the best ability to control their diverse purchasing and invoice processing activities.

In addition, the client felt that Verian offered a more expansive suite for managing more types of spending, citing the efficiencies Verian produced by helping them gain control over the most spending in a single system.

The client agreed that Verian’s product depth will be of critical importance as they bring initially targeted categories of spend under management, and then move on to gain visibility and control of large categories of unmanaged spend such as facilities maintenance and management.

“We are truly fortunate that this hospitality leader has chosen to join our Verian family of customers”, said Tehseen Ali Dahya, President and CEO of Verian, “We are ready to help them achieve their vision of better spend visibility and control, so they can drive savings.”

About Verian

Verian provides the broadest purchasing and invoice processing software suite on the market. Founded in 1997 with headquarters in Charlotte, NC, Verian helps clients in a wide array of industries control spending and enhance visibility by providing them with a single software platform to automate their entire purchase-to-pay process. Verian’s broad and flexible product offering provides affordable, easy-to-use solutions that fit companies now – and when they expand. Verian provides solutions to notable customers in industry segments such as energy, including oil & gas, retail, industrial, healthcare, financial services, government/non-profit and many others. Learn more at Verian.com.

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Shannon Lowe
Verian
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