Ariett Blog Ariett's New Accounts Payable and Procurement Dashboards Deliver Greater Insight

BI Dashboards Measure Key Metrics for Business GrowthAriett News - December 8, 2017 - Ariett, a leading innovator of Cloud Purchase to Payment software, announces today the release of BI Metric Accounts Payable, Procurement and Expense Reporting Dashboards. Augmenting Ariett's search and reporting capabilities, these dashboards provide real-time data and visualizations to help AP managers, CFOs and department managers make purchasing decisions and gain quick insights into spending.Built with Microsoft's Power BI technology, Ariett's dashboards provide snapshots of summary data with the ability to drill down into specific transactions. Visually appealing and informative graphs draw attention to the most important information, such as top vendors for spending. A CFO reviewing vendors with the highest dollar amounts can then click to view all requisitions, purchase orders, invoices and payments associated with the vendor.The dashboards are also highly interactive and customizable, helping AP managers, finance managers, CFOs and department managers to view data the way they want to from any phone, tablet or laptop. Based on different metrics, such as vendor, company, employee, general ledger account, dimension and entity, the data can be sliced and diced to gain different insights. Here are some examples of how customers can use Ariett's new dashboards:Metric AP Dashboard - AP Manager can view total AP invoice accrual amount and drill to see the status and details of specific AP transactions.Metric Procurement Dashboard - CFO can review a chart of PO vs. non-PO invoices to meet goals for more pre-approved spend. Information about top vendor spend can be used to renegotiate contract pricing across company locations.Metric Expense Reporting Dashboard - Department Managers can view spend by employee and drill into employee exceptions with high expense amounts for further details.In addition to the dashboards, Ariett offers comprehensive reporting - with over 80 standard reports that provide real-time insight and can be exported to an Excel or CSV file. Ariett delivers valuable information throughout the transaction lifecycle - from requisition to PO to invoice to payment. By providing visibility to spending across companies, entities, dimensions and currencies, Ariett helps key business stakeholders to make important decisions to drive company growth.To learn more about how Ariett's modern accounts payable solution delivers paperless, efficient AP processing and greater visibility across the organization, please read our latest whitepaper: http://www.ariett.com/sites/default/files/public/003_modern_accounting_best_practices_2017.pdfAbout AriettAriett generates savings on every contract, requisition, invoice, expense report and payment with a unified cloud platform. Designed to work the way you work, Ariett's easy-to-use web application delights employees by running on any mobile device or desktop. Accounting teams everywhere benefit from upfront purchasing control, global visibility to spending and audit trails, which drive cost savings across the enterprise. For more information, please visit www.ariett.com or call 781-826-1120.Tags: AP AutomationBudgetingeProcurementPaymentsVendor Contracts