Corporate Franchises Embrace Ariett’s Platform to Manage Spending Across Companies
Ariett News – January 26, 2018 – Ariett, a subsidiary of AvidXchange and leading innovator of Cloud Purchase to Payment software, announces today that Sport Clips, Inc. and Chicken Salad Chick (SSRG Holdings LLC), two well-known franchise companies, have selected Ariett Purchase to Payment to automate their accounts payable processes for their corporate headquarters.
Based in Georgetown, Texas and located in all 50 states, Sport Clips is one of the most successful haircut franchises in the country. With 77 franchise restaurants and a number of company-owned store locations, Chicken Salad Chick serves up some of the best chicken salad options in the South. Sport Clips and Chicken Salad Chick will benefit from a solution that supports cost-saving electronic payment processing; automated, paperless invoice capture; and multi-entity accounts payable processing with seamless integration to their accounting software.
As a franchise business with decentralized locations, Sport Clips selected Ariett to gain upfront control over purchasing. Employees in marketing and IT departments, for example, can easily use any device to shop for items or services from a preferred vendor. The department manager or CFO can then review the purchase against the department or project budget before giving approval. Ariett’s BI, Metric Procurement Dashboard will provide the CFO with a graphic snapshot of data, including spending by vendor and department as well as all open POs across companies.
Moving to a platform with electronic ACH, virtual card and check payment processing will also bring substantial benefits to Ariett’s franchise business customers. Whether vendors are paid via check, ACH or virtual card, Ariett customers go through the same payment batch selection and approval process. As an AvidXchange company, Ariett also offers customers like Chicken Salad Chick and Sport Clips the services of the AvidPay Network (APN). The APN delivers cost and time savings by increasing the percentage of electronic payments, reaching out to vendors directly for their bank account information and performing due diligence on outstanding payments.
Ariett generates savings on every contract, requisition, invoice, expense report and payment with a unified cloud 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 and follow us on Twitter and LinkedIn.