Transforming Network Infrastructure Industry News

TMCNet:  Verian Introduces Major Enhancements in Latest Software Release

[January 24, 2013]

Verian Introduces Major Enhancements in Latest Software Release

(PR Web Via Acquire Media NewsEdge) Charlotte, NC (PRWEB) January 24, 2013 Verian, the leader in universal purchasing and invoice processing systems, has released Version 11.2 of its purchase-to-pay (P2P) software suite, featuring enhanced e-invoicing, invoice reporting and mobile approval of requisitions capabilities.

Comprehensive Validations for E-Invoices Many electronic invoices (e-invoices) still require some manual handling to push them through the approval process. This often requires AP professionals to become proficient at manipulating cXML and EDI files or depend on IT for assistance.

Verian Version 11.2 provides advanced validations for e-invoices as well as online editable rendering of the failed invoices, making for faster processing and in most cases straight-through, or touchless processing of e-invoices.

Advanced Exception Handling and Notifications for E-Invoices Exceptions can complicate e-invoice processing due to challenges with e-invoicing formats, discrepancy workflows, and vendor communication. E-invoices with exceptions can sometimes lie in limbo for days waiting for modifications.

Verian Version 11.2 improves tracking of disputed e-invoices, reducing the need for time-consuming back and forth communication with vendors, and the risk of processing errors.

In Version 11.2, Verian provides a user-friendly display for e-invoices styled much like the user interface for standard invoice documents, with exceptions highlighted for easy correction and re-processing. Corrections can now be made inline prior to re-processing the e-invoice document.

Version 11.2 also includes automatic notifications capabilities to inform the right people about e-invoice exceptions that need to be addressed.

These improvements deliver a similar end user experience for both electronic and non-electronic invoices and reduce the lead time and support required for processing e-invoices with exceptions.

Invoicing Standard Reports Verian Version 11.2 also expands standard invoicing reports that provide visibility into selected invoicing metrics and the status of invoices and accruals.

Standard, out-of-the-box invoicing reports track metrics like invoice aging, end-to-end processing time, and on-demand status of invoices and accruals.

Mobile App for Approving Requisitions Another enhancement in the 11.2 release is the availability of a more robust mobile app enabling faster and more accurate approval of requisitions on the go.

The Verian mobile app puts all the information approvers need to approve requisitions at their fingertips on their iPhones or Android smart phones.

This includes functionality for line item approvals, and the ability to add attachments with more detailed information or supporting research to help accelerate decision-making.

About Verian Verian is the leader in universal purchasing and invoice processing systems. Founded in 1997 with headquarters in Charlotte, NC, Verian helps clients in a wide array of industries control spending and enhance visibility by providing them with a single software platform to automate their entire purchase-to-pay process. Verian’s broad and flexible product offering provides affordable, easy-to-use solutions that fit companies now – and when they change. Notable customers in industry segments such as energy, including oil & gas, retail, industrial, healthcare, financial services, government/non-profit and many others all trust Verian for intelligent purchase-to-pay automation solutions. Learn more at

Media Contact J. Shannon Lowe Marketing Communications Manager 704-971-6992 slowe(at)verian(dot)com Read the full story at (c) 2013 PRWEB.COM Newswire

[ Back To Transforming Network Infrastructure's Homepage ]

Featured Blog Entries

Reflections from an Interop Veteran and Alum

When I returned to the Fiber Mountain™ offices in Connecticut after exhibiting at Interop Las Vegas 2015, I couldn’t help but think about how much the event has evolved through the years. I have been attending this seminal IT and networking conference since its inception in 1986 when it was called the TCP/IP Vendor Workshop, focused on interoperability of various TCP/IP program stacks.

What Fiber Mountain's Interop Recognition Means for Our Industry

When Fiber Mountain™ began its journey with a launch at Interop New York last fall, we certainly believed that we had a solution that would make a significant impact in the data center space.

What On-Board Optics Means for Density and Flexibility

This past week I read an article in Lightwave Magazine and another in Network World about the formation of the Consortium for On-board Optics (COBO), a group that seeks to create specifications and increase the faceplate density of data center switches and adapters.

Scaling Hyperscale in an Age of Exponential Growth and Virtualization

Over the past several years server, network, storage and application virtualization has revolutionized the way hyperscale data centers are built by consolidating workloads. The trend has simplified network architecture significantly and resulted in huge cost savings as well.

Video Showcase