Top HVAC software provider and distributor partner to develop innovative Procure-to-Pay solution that will streamline pricing, purchasing, and payables
ServiceTitan, the world’s leading all-in-one software and operating system for residential and commercial service and replacement contractors, has partnered with R.E. Michel Company, one of the foremost wholesale distributors of HVACR equipment, parts, and supplies, to develop a groundbreaking workflow solution that streamlines and modernizes the relationship between contractors and suppliers.
The new Procure-to-Pay experience, announced by ServiceTitan at its virtual industry conference, Pantheon, is currently in an early access program, targeting a general release in early 2021. Procure-to-Pay will connect contractors and suppliers and create a friction-free procurement process by incorporating the purchasing and payables workflows directly into ServiceTitan’s industry-leading platform.
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“Traditionally, the interaction between contractors and suppliers has been a tedious and error-riddled process that includes verifying product information and pricing, submitting orders, entering the details in accounting software, and going over records line by line to reconcile payments,” said Vahe Kuzoyan, founder and president of ServiceTitan. “With Procure-to-Pay, contractors can finally eliminate some of these all-too-familiar pain points. The optimized workflow built into this new experience enables them to keep pricebooks up to date, streamline record-keeping, and even make easy electronic payments to vendors.”