Ariett News – February 28, 2017 – Ariett, a leading provider of Cloud Purchase to Payment software, announced that BASIS.ed, a global network of 21 public charter schools, 5 U.S. private schools and 1 international school, has selected Ariett. The organization chose Ariett because the company offered a single platform for requisitioning and approving invoices and payments with seamless integration to their 26 Intacct accounting software entities.
As a global educational organization with 1,900 employees that serves 18,000 students, BASIS.ed required a solution that would allow employees, including those employees outside of accounting, in their different locations, to easily submit a requisition or invoice for approval. Ariett’s platform in the Microsoft Azure Cloud offered the ability to quickly scale across the organization and to train employees on a common user interface – whether submitting a requisition or payment.
President of Ariett Glenn Brodie said, “As an education innovator, BASIS.ed has established a reputation for preparing students for college and life. We support BASIS.ed and similar customers in the education sector by providing them with an intuitive platform that takes care of the purchasing process for them, so they can focus on their core mission. Ariett helps organizations with decentralized operations to get everyone on board with following purchasing policies and buying from the right vendors.”
One of the organization’s primary goals was to increase the percentage of pre-approved indirect spend. With Ariett requisitioning, educators and administrators across the organization will have the ability to submit purchase requisitions that their managers can approve against a department budget. While providing department managers with a handle on spending, Ariett also reduces the number of procurement steps for employees, making the process much easier. From Ariett, an employee can punch out to a supplier’s website, shop for items and automatically populate a requisition upon checkout.
A second requirement was to implement a solution that would complete AP invoice capture to payment with deep API integration to their Intacct financial management software. Ariett offers BASIS.ed a complete accounts payable automation solution, which includes a Document Capture Service for receiving invoices and creating a corresponding AP transaction in Ariett. Once a manager approves an invoice in Ariett, the invoice is posted to Intacct with a link back to original purchasing documents in Ariett. With Ariett’s electronic payment processing, BASIS.ed also has the opportunity to reduce spending on paper check printing and mailing and to further streamline their purchase to payment process.
Ariett generates savings on every contract, requisition, invoice, expense report and payment with a modern, unified procurement platform. Designed to work the way you work, Ariett’s easy-to-use web application delights employees by running on any mobile device or desktop. Accounting teams everywhere benefit from upfront purchasing control, global visibility to spending and audit trails, which drive cost savings across the enterprise. For more information, please visit www.ariett.com, call 781-826-1120 or connect with Ariett on LinkedIn and Twitter.