PR Asset Management is an investment management company that includes over $2 billion in real estate assets. Steve Schultz, Financial Systems Manager, took on the initiative to implement a budget mechanism for evaluating investments. He was flooded with their complex system that required Schultz to wade through piles of data and filing cabinets to verify their spending and cost activity – no fun at all. Not only was this time consuming but once he would find the information he was looking for, there was no visibility or history as far as what the expense was for, who ordered it or who approved it.
Don’t take our word for it, find out what our clients say about automating with Beanworks.
“We have a complicated approval process, but Bean was able to handle it and we were up and running in no time. Our invoice approvers are all across the country and now they are able to approve invoices online no matter where they are. Knowing all invoices automatically go to the right approver brings huge peace of mind.”
“It took only a one hour meeting to get our QuickBooks integrated with Bean. After a quick training session, we were ready to start using it. Bean has given us a lot of flexibility and transparency into our Accounts Payable.”
“From a CEO perspective, it’s magic. I don’t need to understand accounting software, and I can instantly search what purchase orders we have approved, and how today’s cheque run draws down on those POs. Beanworks is brilliantly simple. It includes an excellent hierarchy structure for a simple approval or rejection process, allows for digital approvals, and saves thousands of dollars on printed paper.”
“Bean provided a way for us to always be on top of the thousands of invoices we receive each month. Now when we need information about an invoice, we are only a few mouse clicks away. We’ve been with Bean for more than two years and are still amazed by their responsiveness to our needs and outstanding customer support.”
“We just finished the auditing process – and I never thought I would say this, but it was a breeze. The ease of auditing is just one of the hidden benefits of using Bean.”
“Bean helped us streamline our approval process. Approvers simply login from an email link and approve invoices, with full visibility into what they’re approving… Life is easier when you don’t have to constantly nag for approval.”
“We are a very active decentralized oil company. With Bean’s Internet-based process, my users can access and approve our invoices from anywhere. My point of pride is that I have yet to open an overnight delivery account, saving us admin costs in the thousands and our wait time is zero for deliveries.”
“Bean has streamlined our operations and allowed us to achieve a paperless accounts payable system with past invoices at the users’ fingertips. No more requests for boxes from storage for an old invoice has saved us time and money. I would recommend Bean to any business.”