Purchase to Pay solutions from Verian
• More visibility and control of all spend
• Improved working capital and cash flow management
• Increased productivity and lower operating costs
• Greater operational controls and effectiveness
Verian’s P2P capabilities have been rated highly by industry analysts such as Gartner, Forrester and Aberdeen. The cloud-based platform includes modules to help manage your purchasing, invoicing, expense reporting and asset lifecycle management.
All modules are available for monthly subscription fee, eliminating any major capital outlay.
Users have access via the web with a straightforward single interface.
• web-based requisitions: all requisitions including catalogue-based ones are done through a simple online interface
• electronic approvals: approvals are routed by email and can be approved via email or smart phone
• purchase orders: automatically generated and delivered to your supplier after requisitions are approved
• Request for Quotes: create and post RFQs online
• Invoice reconciliation: 3 and 4 way matching so PO, invoice and receiving document can be quickly reconciled
• Reports and spending analytics: easy to use dashboard for analysing trends, tracking budgets and configuring custom reports
Asset and inventory management
• Easily track and manage each phase of assets/inventory life from procurement to disposal
• Greater accountability for asset and inventory ownership
• More effective budgeting and forecasting
• Employees quickly create expense reports from any device
• Data can be downloaded from credit card providers
• Integration with scanning systems to capture receipts electronically
• Ensures compliances with expenses policies
• Approve line items via smart phone
• Monitor expense activities and trends by employee, group, location or cost centre