NorthMarq Capital, One of the Nation's Largest Commercial Real Estate Mortgage Banking Firms, Selects Ariett AP Invoice & Xpense
NorthMarq Capital, LLC, a leading provider of capital solutions for owners of commercial real estate, has chosen Ariett’s AP Invoice and Xpense software to automate and optimize their invoicing and expense reporting process for 1,000 employees in 32 regional offices. NorthMarq, one of the largest commercial real estate mortgage firms, has an annual production volume of $7 billion and a loan servicing portfolio of nearly $40 billion on behalf of more than 50 institutional investors.
NorthMarq chose Ariett’s software based on its enterprise class functionality, the ability to integrate seamlessly with Dynamics GP, and cost value.
NorthMarq was in need of workflow automation solution that would provide a visible, central location for all of their invoices from decentralized locations, while regional branches to operate as they do today. Ariett’s AP Invoice will allow NorthMarq to accelerate the entire Invoicing process – from submission, to approval, to final vendor payment – improving operational efficiency, while simultaneously reducing costs and supporting rapid growth.
Additionally, AP Invoice will provide a single location for approvals and invoices that will make it easier for them to manage accruals, track payments to assist in financial projections, and enable visibility to the approval status of an invoice across the organization.
Ariett Xpense will give NorthMarq a flexible expense reporting tool for over 300 of their users nationwide. This flexible expense management software tool supports NorthMarq’s multiple entities, and gives their users a simple way to submit, approve and view expense reports.
NorthMarq will also benefit from Ariett’s unparalleled seamless connection to Microsoft Dynamics GP, to provide an even greater level of automation and compliance, while extending their financial system investment.