Paylocity (NASDAQ: PCTY), a Deloitte Technology Fast 500 Company, Selects Ariett’s Procurement Platform

Ariett News – November 1st, 2016 – Ariett, a leading provider of Cloud Purchase and Expense software, announced that the publicly traded company Paylocity (NASDAQ: PCTY) has selected Ariett’s unified Cloud Purchase to Payment platform to increase upfront approval of purchases and to automate procurement and AP on one platform.  Recognized as a Deloitte Technology Fast 500 company for three consecutive years (2013-2015), Paylocity is a leading provider of cloud-based payroll and human capital management software solutions for medium-sized organizations.

As a forward-thinking SaaS provider, Paylocity sought a complete purchase to payment platform with an intuitive, easy-to-use interface to streamline accounts payable and procurement processes.  President of Ariett Glenn Brodie said, “Paylocity is the mid-market leader in providing cloud-based payroll and human capital management software solutions that simplify everyday payroll and HR tasks.  While Ariett’s products will help Paylocity to generate efficiency and operational cost savings, Ariett also offers their business a highly scalable platform that is ready for growth.”

A key component in determining Paylocity’s selection of Ariett’s cloud platform was that the platform included a requisition approval process for greater control over their corporate purchasing.  Ariett’s procurement solution offers employees easy requisition templates and the ability to punch out to suppliers’ websites to shop from preferred vendors at the right price and quickly gain approval from anywhere, on any device - laptop, phone or tablet.

With Ariett’s unified platform, approvers and financial managers can view all spending data at their fingertips, from purchase order commitments to vendor contracts to invoice accruals, which will help Paylocity to rapidly and accurately forecast expenses.

A final requirement for Paylocity was to work with a software vendor team that shared a deep understanding of security, compliance and business process automation to drive project success and measurable deployment results.

About Ariett:

Ariett is a leading provider of Cloud Purchase and Expense software that generates savings on every contract, requisition, invoice, expense report and payment with a modern, unified procurement platform.  Mid-market and mid-enterprise companies use Ariett’s web application to manage indirect spending securely through any mobile device. Ariett is designed for employees to quickly and easily generate requisitions, manage preferred vendors, capture documents, check budget availability, track contracts, and process transactions with a flexible workflow. Headquartered south of Boston, Ariett delivers insight and visibility with one application to use across entities for complete purchase to payment. For more information, please visit www.ariett.com, call 781-826-1120 or connect with Ariett on LinkedIn, Facebook, Twitter, and YouTube.