Amazon Business Merchants Can Access Planergy’s Spend Management Platform

Accounts payable spend-control firm Planergy and Amazon Business have teamed up around orders placed through Amazon Business’ online store, the companies announced.

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    “Seamless integration between Planergy and Amazon Business enables a centralized purchasing experience and accounts payable processing, with real-time order availability through Amazon Business’ online store, and supports a compliant spend management experience as orders are approved prior to being fulfilled,” the announcement stated.

    The companies stated that the arrangement will let businesses run purchases from Amazon Business through Planergy’s approval system. Once an ordered is authorized, Planergy will generate a purchase order linked to the Amazon order.

    This makes the process easy, worry-free, with no additional procurement steps,” the announcement said.

    The rest of the order-fulfillment process will include steps that generate various verification documents.

    “Seamless and painless accounts payable processing with full compliance audit trails is an achievable reality for midmarket businesses,” Planergy Chief Executive Michael Higgins said in a prepared statement.

    See also: One-Third of High-Volume AP Departments See Current Systems as Barrier to Growth

    Planergy states in marketing materials that it has more than 1,100 customers using the system to process a total of $12 billion in annual spending.

    According to Planergy, the company’s products integrate with services from, among others: Intuit Quickbooks, Slack, Microsoft, Oracle, SAP and Xero.

    Planergy has offices in Framingham, Massachusetts; England; and Ireland.

    According to Planergy, the company’s clients include: Boy Scounts of America, Hilton, Toshiba and HCA Healthcare.

    In addition to spend-management software, the company also said in marketing materials that it provides inventory-management systems.