Leading International Bank Wins Verian Innovator Award

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Financial institution elevates strategic procurement approach by expanding Verian across enterprise for more savings

Extending Verian to multiple countries positions them to increase savings and streamline day-to-day operations.

Verian announced today that a leading financial institution won the Verian Innovator Award in the category of “Expansion of Value.” The award recognizes accomplishments in the strategic expansion of the Verian system to accelerate savings by seeing and controlling more pockets of indirect spend.

This organization has expanded Verian’s solutions for procurement and inventory across their entire Caribbean operations. The expansion enables the bank to

  •     Reduce costs by consolidating suppliers and leveraging buying power
  •     Prevent overstocking and shortages by gaining accurate visibility into warehouse supply levels
  •     Improve staff productivity by standardizing and automating purchase-to-pay processes

“We are excited about our customer’s strategy to truly evolve procurement and payables processes within their organization,” said Tommy Benston, Vice President of Client Advocacy at Verian. “Extending Verian to multiple countries positions them to increase savings and streamline day-to-day operations.”

To learn more about Verian’s dedicated solutions for Commercial Banking, register for the upcoming webinar on April 23 at 2:00 p.m. EDT – eProcurement and Commercial Banking: How to Get All Branches on the Same Page.

About Verian
At Verian, we work with many financial services organizations to bring complex and diversified pockets of indirect spend under management with our easy-to-use purchasing system. We automate manual and outdated purchasing and invoice approval processes and are repeatedly recognized for rapid implementation and ROI coupled with high user adoption. More information about Verian’s specialized purchase-to-pay suite for banks, credit unions, insurance companies and other financial services organizations is available by visiting the Financial Services page on verian.com.

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Lindsay Munn
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