URA and Glantus Announce Strategic Partnership

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WORKING TOGETHER TO HELP COMPANIES SIMPLIFY PAYABLES AND IMPROVE THEIR BOTTOM LINES.

URA and Glantus, today announced their partnership to increase profitability for joint clients. With the growing demands on companies to find simplified solutions creating efficiencies and cost savings, from people and companies they trust, the partnership is a welcome announcement. URA customers will now have access to the Glantus Data Platform and expertise to realize additional savings through targeted analysis, recovery audits, and automation of the accounts payable process. Correspondingly, Glantus customers will benefit from the depth of URA’s utility reduction expertise, analysis, and cost savings efficiencies.

Working together to improve their clients’ profitability, Glantus and URA also share fundamental values and a commitment to providing their clients with exceptional service.

“We are continually discussing what’s best for our clients and how to help them save money, recover credits and make their business more productive. We are honored to work with Glantus and help companies together in increasingly significant and yet simplified ways.”

Jennifer Wynn Stoll, President and Chief Executive Officer of URA

The first joint customer is a Detroit, Michigan based manufacturer. Within the first month, Glantus was able to identify $100,000 in vendor credits. These immediate savings provide funding for the next phase of AP automation. The joint project highlights how Glantus and URA bring a unique self-funding model to AP optimization and transformation.

“By working with business partners such as URA and Glantus, finance leaders can be strategic drivers for their organizations. We simplify the vast quantities of spend data to deliver timely insights, savings, and continuous improvement.”

Maurice Healy, Chief Executive Officer of Glantus

Joint customers benefit by combining savings on utility expenditure with reduced vendor transaction costs, accelerated recovery of working capital, and increased visibility of accounts payable data. Customers who use the combined solution see a greater return to their bottom line. Working together, the companies simplify the data to identify issues and deliver targeted automation to ensure continued savings.

To remain competitive, everyone from the CFO to the AP Manager must seek innovation. Financial Controllers must lead in seeking new ways to save costs, offer innovative solutions that break away from the past, and transform their operations.

Working together, Glantus and URA help turn finance cost centers into profit centers. Enabling transparency of operations, automated workflows, and analysis of all accounts payable transactions means joint customers realize cost savings, recoup hidden working capital and create significant operational efficiencies.

About Glantus

Glantus is a global provider of accounts payable automation and analytics solutions. Our mission is to simplify data to drive constant innovation. The award-winning Glantus Data Platform connects all AP systems and suppliers on one agile platform, eliminating cost and delivering new revenue streams. We work in tandem with our partners, to deliver joint enterprise digital transformation solutions. For more information, see glantus.com.