Forex Capital Markets (FXCM) Selects Ariett for Complete Expense Management (6/2/16)

Pembroke, MA – June 2, 2016 – Ariett, a leading provider of Cloud Purchase and Expense software, announced today that Forex Capital Markets (FXCM), a world-wide provider of foreign exchange trading (currency trading) has selected Ariett’s integrated spend management platform. 

FXCM chose Ariett because the company offered a complete solution for automating accounts payable; managing intercompany, inter-entity and multi-currency transactions; and tracking spending against contract and capex project budgets.  In addition, Ariett as a Microsoft Azure Cloud application included security benefits, such as data encryption, the reliability of Azure’s data centers and the user management tool Azure Active Directory.

As a publicly traded company with an international reach, FXCM required a comprehensive solution to support employees processing transactions and electronic documents in multiple locations.  To fulfill their requirements, Ariett has provided FXCM with one platform for managing requisitions, purchase orders, contracts, AP invoices and expense reports from any company location.  FXCM will also deploy Ariett’s contract management solution to track requisitions and purchase orders against contract and internal capex project budgets (e.g. for marketing or IT related contracts/projects).

Glenn Brodie, President of Ariett, said, “More publicly traded companies, like Forex Capital Markets, are selecting Ariett because they see the advantages of adopting a secure, cloud solution that will reinforce financial control and accountability throughout the purchase-to-pay cycle for all company locations.”

About Ariett:

Ariett is a leading provider of Cloud Purchase and Expense software that generates savings on every contract, requisition, invoice and expense report with a modern, unified procurement platform.  Mid-market and mid-enterprise companies use Ariett’s multi-screen, 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-pay management. For more information, please visit www.ariett.com, call 781-826-1120 or connect with Ariett on LinkedIn, Facebook, Twitter, and YouTube.