Verian Cloud Transforms Peterson CAT's Company Spending Culture

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Verian’s SaaS P2P solution enables CAT dealer to ensure approval of spending before funds are committed

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We are very excited about our upgrade to the Verian cloud. Now we have access to the latest technology and a platform that supports a more strategic approach to spending.

Verian announced today that Peterson CAT dealer is now live on the Verian Cloud for access to Purchase-to-Pay (P2P) technology that will enable the company to funnel more spending through automatic approval workflows. Upgrading to the cloud from a private-hosted system will provide them with the latest advancements in P2P to support shifting the company culture from a process of approving invoices to strategic spending with

  •     Leading P2P Innovation through automatic quarterly software releases without a time-consuming on-site upgrade
  •     Role-based approval workflows that are intuitive to increase system use
  •     Elimination of manual processes to save time and money
  •     Improvement of master data integrity
  •     Enhanced reporting tools to benchmark success

Automated approval workflows will help Peterson CAT move requests through the process electronically in the Verian system as approvers sign off on the request – even on mobile devices. Approvers will have the real-time data to determine how requested items or services impact their budgets, and can approve or deny by line item. This will enable a more controlled spending environment that encourages everyone in the company to be better stewards of company funding.

Verian also integrates with the company’s CODA financial management system. The integration allows a seamless exchange of information between the two systems for a comprehensive picture of the company’s spending profile.

“We are very excited about our upgrade to the Verian cloud,” said Karla Beard, Corporate Procurement Manager for Peterson CAT. “Now we have access to the latest technology and a platform that supports a more strategic approach to spending.”

Peterson CAT is an earthmoving and construction company, and is the official CAT equipment dealer for the San Francisco Bay Area, the northern Calif. coast, western Ore. and southern Wash.

To learn more about Verian, register for the “Introduction to Verian” webinar January 21 at 2 p.m. EST.

About Peterson CAT
Peterson Cat is northern Calif., Ore. and southwest Washington’s authorized Caterpillar dealer. Since 1936, they’ve been a source for Caterpillar machinery, agricultural equipment, portable and stationary diesel-powered generators, natural gas turbines, air compressors and technology for the construction and agriculture industries. They offer new and used equipment sales, rental, parts, and 24-hour service from 19 locations over 100,000 square miles of territory.

About Verian
Verian helps companies buy and pay for goods and services in a simplified, paperless, and cost-efficient way. Companies can see everything that’s being ordered, purchased, and received, automate approval and payment processes, enforce controls and save money. Verian has been in the P2P market longer than any other independent P2P provider – nearly 20 years. We get P2P. That’s why we have the broadest and deepest P2P solutions available today – allowing you to configure a solution to fit your business needs and get the most spend under management.

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Lindsay Munn
Verian
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