Lancashire Holdings Limited (Hamilton, Bermuda), a recognized leading global provider of specialty property, energy, marine and aviation insurance products, has selected Ariett MyTripNet, Xpense and AP Invoice. The Ariett Solution Suite will automate the entire employee Travel and Expense (T&E) approval, reporting and management process, for 120 employees across multiple global international business units.
Headquartered in Bermuda, with business units in Bermuda, the UK and Dubai, Lancashire operations required a system that could support hundreds of users in multiple, decentralized international locations. Ariett’s intuitive interface and robust multi-currency capabilities made it the perfect solution to automate and optimize processes and manage business rules.
Ariett MyTripNet was quickly identified as a solution that would meet their need for employee pre-trip approval, to better control T&E costs and improve the bottom line by ensuring that travelling employees have approval to book travel prior to making a reservation.
And because Lancashire’s employees travel the globe, Ariett Xpense support for Currency Conversion and Multicurrency processing provided substantial improvements and savings, through simplification of the expense reporting process, and by alleviating tedious manual conversion by the finance team.
Additionally, Lancashire also selected Ariett’s AP Invoice solution to automate purchase and invoice approval to seamlessly create AP transactions in their Dynamics GP financials, utilizing Ariett’s AP Invoice Budget Module to approve Invoices against budgets with real-time visibility to available budget when approving any given invoice.