PEMBROKE, MA – February 25, 2015 – Ariett, a leading provider of Enterprise Cloud Purchase and Expense software, announces that the company is featured in the 2015 Travel and Expense Management Report by PayStream Advisors, an independent research firm.
Current attitudes towards and usage of travel and expense management automation solutions are drawn from PayStream Advisors’ survey of over 200 travel managers in different industries and from small, mid-market and enterprise companies. The report also illuminates today’s trends in travel and expense management solutions.
To download the complete PayStream Report, click here.
Glenn Brodie, President of Ariett, said, “In this report, not only does Ariett stack up well against other providers that exclusively offer travel and expense management functionality, but we also uniquely provide our customers with an integrated spend management platform. Roughly two thirds of our travel and expense management customers use an additional transaction type—Ariett requisitions, purchase orders, contracts or AP invoices.”
“Mid-market customers also gain significant efficiencies with Ariett’s direct Cloud integration with customer ERP systems such as Intacct and Microsoft Dynamics,” said Brodie.
Here are some additional trends from the PayStream Report:
Mobility: Leading providers are designing software that is compatible across devices for traveling professionals. Built with HTML5 and CSS3, Ariett’s responsive, touch interface allows employees to enter, review or approve travel requests and expense reports from any smartphone, tablet or desktop.
Pre-Trip Authorization: This feature can help organizations to eliminate unnecessary travel or unauthorized expense reimbursement requests. With Ariett’s pre-trip approval, employees can enter dates and destinations on their travel request before connecting to Kayak.com to search for estimated flight fares.
Policy Management: 41% of large corporations (businesses with revenue greater than $250 million) rank enforcing corporate travel policy as the biggest expense management hurdle. Ariett Purchase and Expense Software gives organizations the option to set policies based on groups of employees. The software can also be used to calculate government-regulated CONUS and OCONUS rates for employee business travel.
Integrated Credit Cards: As more organizations use corporate credit cards, providers have introduced credit card integration to simplify the expense reporting process. With Ariett Purchase and Expense, organizations gain the flexibility to use multiple corporate credit cards, personal credit cards, credit card providers and bank accounts linked to credit cards.
Post-Trip Analysis: To help organizations improve expense policies and control employee expenditure, many solutions deliver reporting on expenses by employee, department or vendor. With over 75 standard Ariett Reports, Ariett customers can report on accruals, actual versus estimated expenses and unreconciled credit card charges.
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. Please visit www.ariett.com for more information.
About PayStream Advisors:
PayStream Advisors is a research and advisory firm that delivers first rate industry research on office-process automation to finance and procurement professionals. We provide research-based, unbiased educational content to challenge readers’ thinking, inform them on marketplace trends, and empower them to transform their organizations. Because we understand the needs of finance professionals, we develop targeted research publications, consulting services, and process-enhancement workshops that are worthy of their attention. PayStream’s research is available on demand for members and membership is complimentary. For more information visit www.paystreamadvisors.com.