Verian’s Next Purchase-to-Pay Suite Release Goes Live in the Cloud

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Verian’s summer release expands facilities management, asset management and inventory management to help companies control more spend.

Verian helps customers get the most spend under management by extending across more areas of the enterprise

Today Verian announced its June release of Verian 15 – the company’s cloud-based purchase-to-pay (P2P) suite. This latest release adds significant innovation in its inventory and asset management modules, which are unique to Verian’s offering. Adding inventory and asset management into the P2P workflow allows companies to manage the entire lifecycle of spend.

Highlights from the Verian 15 June release include:

  • Smarter Facilities Management: Now users have more customizable fields available to help them easily tap into details and track all information related to sites from taxes to leases to insurance. Smart alerts are configurable for time-sensitive items. Site-specific reporting allows managers to pinpoint needs at different sites automatically.
  • Intelligent Replenishment for Inventory Management: New inventory management tools strike a balance between just-in-time ordering and on-hand warehousing with alerts and automatic re-orders that are intelligent enough to know exactly when and how much to order – tied into requisitions in real time. Dashboard Key Performance Indicators provide a visual status to help make quicker decisions.
  • Expedited Asset Management: Automation features for asset management allow bulk editing and retagging of assets in an easy-to-use grid format to save time and improve accuracy. Bar code scanning can be used to instantly enter asset information in the system as assets are received, ensuring up-to-date item tracking.
  • Easy Project-based Buying: Users now have the ability to upload lists into the shopping cart for fast and easy buying for specific projects – key for industries like construction that regularly require specific materials unique to each project, or companies expanding to new locations. Smart workflows offer seamless integration with purchase-to-pay processes and approvals to buy items in the preferred manner while tracking approvals, receipts, invoicing and reconciliation in Verian.

“Verian helps customers get the most spend under management by extending across more areas of the enterprise,” said Tehseen Ali Dahya, President and CEO of Verian. “We are excited about this new release that arms customers to more efficiently capture and control costs associated with facilities, assets and inventory.”

Verian deploys new releases to customers quarterly to ensure they have the latest advancements in purchase-to-pay technology at their fingertips. With its true multi-tenancy architecture, all cloud customers receive the upgrades seamlessly and simultaneously, making sure everyone has the very latest innovations.

To learn more about Verian, register for the “Introduction to Verian” webinar June 11, 2015 at 2 p.m. EDT.

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 Verian.com.

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Lindsay Munn
Verian
(980) 318-5417
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