SOURCE: Ariett Business Solutions

Ariett Business Solutions

June 29, 2015 13:26 ET

Ariett Purchase & Expense Software Drives Corporate Growth Through Innovation

Announcing 180% Year-Over-Year Increase in Customer Acquisition

PEMBROKE, MA--(Marketwired - Jun 29, 2015) - Ariett, a leading provider of Enterprise Cloud Purchase and Expense software, announces year-over-year results: 180% increase in Cloud customer acquisition, 20 consecutive quarters of customer subscription revenue growth and product innovation led by a mobile first application development strategy.

Ariett delivered new features in Ariett Touch, Ariett's HTML5 and CSS3 interface, to support global, multi-currency purchase and expense processing on any phone, tablet or desktop. Ariett's product enhancements include functionality in the following areas: tax and VAT capture, contract and change order management, mileage expense calculator with map integration and AP invoice document automation. 

Global-oriented, mid-enterprise organizations have adopted Ariett's Cloud solution on the Microsoft Azure platform to manage multi-entity procurement workflows, control spending across business units, eliminate paper with document automation and provide employees with a mobile platform to complete expense transactions.

Glenn Brodie, President of Ariett, said, "Ariett offers a strong time-to-value solution that is low cost and highly scalable. We are singularly focused on delivering features that both delight employees and streamline the entire purchase-to-pay process for our customers."

"Ariett's modern accounts payable process promotes collaboration between the finance team and employee stakeholders," added Brodie. "With the Ariett Touch interface, employees can work the way they work anywhere -- on any laptop or mobile device." 

Ariett Touch Product Innovation for 2nd Quarter 2015:

Ariett Procurement & Contract Management: Ariett's ReqNet procurement solution now offers advanced contract management with change order tracking. Ariett customers use this feature to manage annual contracts with specific vendors, other non-vendor agreements and internal capital IT projects. Ariett's contract features include approval workflow, milestones, electronic document automation and reporting.

Jimmy LeFever, Research Director at PayStream Advisors, said: "We are increasingly seeing solution providers offering holistic offerings (source to settle) to meet the needs of progressive organizations looking to automate beyond just sourcing, procurement, and requisitioning. Connecting sourcing, contract management, procurement, and accounts payable with a single solution is probably the easiest way to attain straight-through-processing and efficiency in source-to-settle."

Ariett AP Invoice Automation: Ariett's Quick Add screen makes invoice review even more intuitive. The accounts payable team can use Quick Add to view invoices side-by-side with the transaction information for quick processing and review. Ariett's invoice automation supports both purchase order and non-purchase order invoicing with multi-currency and intercompany expense allocation features.

Ariett Travel and Expense Management: Featured as an industry-leading solution in PayStream Advisors' "2015 Travel and Expense Management Report," Ariett delighted customers this spring with a Mileage Calculator integrated with Google Maps. This feature automatically calculates and captures mileage at the current reimbursement rates.

Ariett Smart Search: Ariett Smart Search provides inquiry and quick reporting on detail or summary transaction information by vendor, workflow, location or department. When employees use the global keyword search, they have visibility to search results based on their department, business unit, location or the type of transaction. 

Ariett Customer Highlights:

Ariett published several new customer success stories, including stories on OHL, a global third-party logistics company, and The InfiLaw System, a consortium of law schools that includes Arizona Summit Law School, Charlotte School of Law (in North Carolina) and Florida Coastal School of Law.

Ariett acquired new customers from a wide range of vertical, mid-enterprise industries, including technology, business services, education and not-for-profit. New customers laud Ariett's ease of use and scalability on a single platform for managing multiple business processes. Some of Ariett's recently acquired customers include: Dice Holdings, Inc.; IDeaS; National Association of Broadcasters; LogicNow; Alexander Street Press; Panera, LLC; Bow Tie Cinemas; Progenics Pharmaceuticals, Inc.; United States Tax Court; A.T. Still University; Blumenthal Performing Arts Center; Ordway Center for the Performing Arts; Adopt-A-Family of the Palm Beaches and Kawartha-Haliburton Children's Aid Society.

Ariett ERP Partnerships:

Ariett and Intacct formed a partnership to provide Ariett and Intacct customers with an API that connects the two software systems. Ariett is listed on the Intacct Marketplace and this November, Ariett will participate in Intacct Advantage 2015 as a Gold Sponsor. 

In addition to supporting Intacct, Ariett supports other ERP systems that customers have, such as Dynamics GP, Dynamics AX, Dynamics SL, QuickBooks, Abila MIP and Oracle.

About Ariett:

Ariett's unified Cloud Purchase and Expense Software suite helps companies to achieve cost savings and access real-time information by automating procurement and accounts payable processes. With an intuitive interface for any device, employees can quickly submit travel requests and expense reports; purchase items from suppliers' websites; capture bills and receipts; and manage vendor contracts. Visit www.ariett.com for more information or follow us on Twitter @AriettInc.