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Grow Financial Federal Credit Union Adds Verian to Symitar Accounting System to Drive Purchasing and Invoicing Efficiency
  • USA - English


News provided by

Verian

Sep 24, 2015, 06:00 ET

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Charlotte, NC (PRWEB) September 24, 2015 -- Grow Financial Federal Credit Union (Grow) is now live on the Verian Cloud with solutions for automating purchasing, invoicing and budget tracking that are fully integrated with their Symitar accounting system. The system will enable Grow to replace manual purchase-to-pay processes with state-of-the-art cloud-based solutions that are much faster, more accurate, and can seamlessly document all financial data.

Verian is transforming our daily operations, allowing us to be even better stewards of funding for our members.

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Verian’s integration with Symitar meets Grow’s unique requirements for electronically reporting on information shared between the two systems, including account code import, vendor import, payment import, and AP export.

Grow will achieve efficiency and savings in purchasing and invoicing activities through:

• Tracking project-based buying and monitoring spending to budgets in real-time
• Speeding up approval and payment processes with insight into accounts payable workflows
• Reducing risk by implementing a comprehensive system to electronically manage order requests, purchase orders, receipts, invoices and payments.
“Verian is transforming our daily operations, allowing us to be even better stewards of funding for our members,” said Dan Moser, Assistant Vice President at Grow Financial Federal Credit Union. “We are very excited about the efficiencies and complete financial reporting we’ll be able to achieve through implementing Verian with Symitar integration.”

To learn more about Verian, register for the “Introduction to Verian” 15-minute webinar Sept. 24 at 2 p.m. EDT.

About Grow Financial
With 27 stores, Grow Financial Federal Credit Union is recognized as one of the leading Credit Unions in the nation with $2 billion in assets. Originally founded to provide a safe place to save and borrow money for the military and civilian personnel of MacDill Air Force Base, Grow Financial has since expanded membership to include employees of more than 1,100 businesses. Established in 1955, Grow Financial has its corporate headquarters in Tampa, Florida. For more information visit http://www.growfinancial.org.

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’s website.

Lindsay Munn, Verian, +1 980-318-5417, [email protected]

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