Media Spotlight

Yardi Procure to Pay

By Leah Etling on Apr 27, 2015 in News

Yardi’s Procure to Pay platform was recently featured on “Corporate Review,” hosted by Donald Trump Jr. with airings on the Bloomberg channel and Fox Business Network.

The focus of the piece, conducted in an interview format with Brad Setser, Yardi’s Vice President of Marketing, and Akshai Rao, Business Development Manager for Procure to Pay, is the myriad business efficiencies that can be created thanks to the Procure to Pay product.

“If you can centralize your purchasing on an online Procure to Pay system, there are several things you will be able to do,” Setser explained. “You will be able to leverage volume pricing much more easily than if all of your (property) sites are doing different things. Number two, you will be able to deliver and enforce policies and procedures across your entire portfolio, which is very difficult to do when your sites are doing their own thing. Third, with all of that spend data in one place you can conduct spend analytics and spend management. Lastly, if the Procure to Pay system is properly integrated with an invoice processing system, you can have a true paperless process from beginning to end.”

Yardi clients Arcadia Management Group (Gary Shaw) and Post Properties (Janet Ham) describe their positive experiences using the product as part of the presentation.

Watch the complete video below: