Whayne Supply Saves $2 Million in First Year with ProcureIT
Whayne Supply is a 1,000-employee Caterpillar dealership headquartered in Louisville, KY. Whayne has hundreds of people across its 16 locations purchasing millions of dollars in mechanical parts, services and supplies each year.
Is the paper chase in Parts, Services, Purchasing and AP exhausting your staff?
Would you benefit from better spending data to negotiate more favorable deals with suppliers?
Were you waiting for DBSi before making improvements in Purchasing?
With the discontinuation of DBSi, NACD members are looking for alternate solutions to manage their purchasing processes.
Verian Technologies offers a purchasing solution used by 7 Cat dealerships. What are the reasons those dealerships have chosen Verian? Here's what they've told us:
Easy to use. If users don't like a system, they won't use it, and no benefits will come from it! With ProcureIT, your service techs will use the system because of its user-friendly design. They might resist the change at first, but it doesn't take long for them to realize it makes their lives easier.
Value - other dealers using ProcureIT can prove significant return on investment. Most dealers purchase ProcureIT following Six Sigma studies that reveal significant ROI from investing in the right purchase-to-pay system. To understand where specific areas of savings can come from, read the Whayne Supply case study.
Verian has the right infrastructure to support Cat dealers. No one offers more purchase-to-pay expertise to dealers than Verian. Our on-staff experts will share procurement and invoice processing best practices for Cat dealers and work with you to configure the ProcureIT system based on what has been successful at other dealerships.
Ready-to-go integrations with existing Cat systems. Working with dealers, we have developed seamless interfaces with DBS Service Work Orders and IAS/CODA to create an ideal closed-loop purchase-to-pay environment - nothing slips though the cracks. Our DBS Allied Stock interface is in development and will be in use at 2 dealerships this year.
The system offers flexibility to fit each dealer's unique business model. Business rules can be enabled to provide each user with a unique set of permissions and data access.
Verian's solution for Caterpillar dealers includes the following ProcureIT modules for:
Purchasing - Catalog-based requisitioning, flexible approval routing, automatic purchase order generation and delivery, receipt entry and invoice reconciliation.
DBS Work Order Integration - Ensure no opportunities to bill back customers for work or parts slips through the cracks by including the work order number pulled directly from DBS Work Orders on requisitions. You can also automatically ensure that charges such as tax and freight are added or adjusted in the Work Orders system so Services can bill the accurate amount every time.
DBS Allied Stock Integration (In development)
IAS/CODA Integration - Pass invoice data from ProcureIT to CODA for payment without any manual re-entry.
Invoice Automation - Increase productivity in AP by going paperless in AP. Our mix of paper-reduction solutions means invoices are digitized and then routed from approval and GL coding in a faster and more organized way, helping you gain visibility into accruals and giving you more discretion as to when you pay suppliers.
Asset Tracking & Maintenance - Keep track of your small tools and equipment by assigning an owner and tracking movement from location to location.
For more information on Verian's work with Cat dealers,
please click here.