West Coast’s Largest Community Bank Signs with Verian

Verian comprehensive P2P solutions to deliver significant cost savings.

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Verian Signs West Coast's Largest Community Bank

Verian Signs West Coast's Largest Community Bank

We are looking forward to providing solutions that will help this banking leader achieve their financial objectives.

Charlotte, NC (PRWEB) January 17, 2014

Verian, the leader in helping organizations achieve world class cost control, has signed the West Coast’s largest and strongest community bank to its family of new customers.

Verian’s comprehensive purchase to pay (P2P) solutions will replace current manual and partially automated P2P processes for the bank, helping the organization reduce total spending by lowering average procurement costs, streamlining accounts payable, and improving compliance through better transactional controls.

Verian solutions will deliver significant cost savings for the bank by enabling managers in purchasing, accounts payable, and other departments to focus on more strategic tasks, such as consolidating vendors, negotiating optimized contracts, and more quickly responding to the needs of internal customers.

In addition to providing the bank with purchasing and invoice automation capabilities, Verian is also replacing the bank’s fixed asset, and inventory and logistics systems. These solutions will reduce overall expenditures by providing the bank with better tracking and control during management of asset life cycles, and by improving enterprise-wide inventory visibility that will help the bank better manage its extensive range of financial products.

“This relationship is a natural fit, and a great opportunity for both of our organizations”, said Tehseen Ali Dahya, President and CEO of Verian, “We are looking forward to providing solutions that will help this banking leader achieve their financial objectives.”

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 Verian.com, 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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