In the world of government and non-profit finance and accounting, every penny you spend is subject to scrutiny. Whether honoring the best interests of taxpayers or a worthy cause, government and non-profit organizations are expected to meet a higher standard when it comes to financial responsibility.
At Verian, we help government and non-profit organizations fulfill their stringent regulations and guidelines by providing easy-to-use controls and record-keeping capabilities. Our intelligent solutions also provide government and non-profit stakeholders with complete visibility and transparency into all spending.
How it Works
Verian is a cloud-based software solution that automates the entire Purchase-to-Pay cycle from order requests to approvals to payment to get employees the tools they need, while capturing all spending information in one system. This enables you to instantly see up-to-the-minute spending details and help your organization:
What to Expect
- Never overspend with budgeting tools to monitor spending on specific funds
- Save time by improving productivity and leaning processes without the cost of more staff
- Create audit trails for requests and approvals to make audits faster and easier
- Streamline day-to-day tasks by eliminating paper and replacing manual processes
- Manage fundraising by documenting all travel and expense activities
- Deliver on the mission by enabling you to put more money into your cause and less into administrative overhead costs
Visibility and Accountability
Our software solutions provide enhanced visibility and accountability so you can demonstrate proper stewardship of money entrusted to your organization:
- Gain visibility into your organization’s spending habits
- View budgets in real time
- Measure budgets vs. actual expenses
- Easily organize and report on all key spending data
Fund Accounting Capabilities
Verian’s suite of solutions meets the specific and unique needs of fund accounting programs.
- Multiple fund reporting
- Line item detail on expenditures
- Specialized budgeting and tracking capabilities
Automated Authorization Workflows
Our automated workflow functionality allows organizations to set customized business rules so each and every purchase is authorized before an order is placed.
- Highly configurable workflows to meet unique and complex approval needs
- Automatic escalations for approvers out of the office or not responding
- Approve or reject purchases or payments on the go using email or mobile devices.