Hospitality Leader Adds Verian Invoice Automation to Purchase-to-Pay Suite

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Verian’s invoice module improves financial controls for multiple facilities across the country

Verian is providing this company with the flexibility to assess invoices on their terms and realize more savings.

Today Verian announced that one of its hospitality customers has implemented Verian’s invoice management tool to gain control over the processing of non-PO invoices across locations nationwide.

Verian will help flag certain invoices for additional evaluation based on criteria defined by the organization. This will allow the company to better understand vendor charges at the corporate level prior to departmental approval.

Centralizing the non-PO invoicing process will also help the organization to

  •     Ensure compliance by generating an auditable electronic approval trail
  •     Create transparency and mitigate risk with automated controls over spend limits and approval authority
  •     Measure and aggregate spend across the enterprise to negotiate better pricing with suppliers.

The electronic workflow is also set so invoices that do not need further evaluation can flow through the system and be processed, without accounts payable personnel effort.

“We’re very excited to expand the solution for this client on the Verian cloud,” said Tehseen Ali Dahya, President and CEO of Verian. “Verian is providing this company with the flexibility to assess invoices on their terms and realize more savings.”

The hospitality company also has plans to implement Verian’s spending analytics tool, Spend Manager, to reach performance goals and will continue to use Verian Purchase Manager to optimize procurement.

To learn more about Verian, register for the “Introduction to Verian” webinar March 12 at 2 p.m. EST.

About Verian
Verian is a worldwide leader in purchase-to-pay solutions. Creating visibility and control over clients’ indirect spending, we help organizations achieve dramatic cost savings and contract compliance. 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.

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Lindsay Munn
Verian
980-318-5417
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