Purchasing Power

Yardi® clients can now easily access thousands of The Home Depot® products eitheTHDr in store or online with a click of a button via the online procurement system offered with Yardi Procure to Pay™, a fully automated end-to-end procurement and invoice processing platform. The Home Depot has set the standard for innovative merchandise for both the do-it-yourselfer and the professional contractor and its global customer base also encompasses commercial and multifamily property owners and managers.

The Yardi Procure to Pay system enables The Home Depot purchase orders and invoices to flow through an automated, customized online approval workflow, giving property owners and managers insight into all purchases and ensuring complete purchasing compliance. For clients currently using Yardi PAYscan™, access to The Home Depot catalog is available at no additional cost and no implementation is required.

In addition to online purchasing, registered clients can also walk into any of The Home Depot’s nearly 2,000 locations in the U.S. to make in-store purchases. Those purchases automatically update online purchase orders and are invoiced through Yardi Procure to Pay.

“We are thrilled about our new business relationship with Yardi. Property managers now have a compliant ordering solution with the option of selecting same-day, in-store pickup or even delivery from The Home Depot,” said J.T. Rieves, vice president of The Home Depot Pro Business. “The Home Depot will leverage its thousands of U.S. locations, vast distribution network and outside sales team to become a strategic supplier of maintenance, repair and operating supplies and building materials for our very important property management customers.”

“The Home Depot’s impressive catalog of products and resources is a major addition to our national network of partners, and further expands Yardi Procure to Pay to be a true one-stop solution for MRO supplies with fully automated accounts payable,” said Terri Dowen, senior vice president of sales for Yardi. “The Home Depot is widely used in our industry, so automating the procurement process and providing spend management for purchasing at The Home Depot will be of tremendous value to our clients.”

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AUTHOR

Joel Nelson, senior marketing writer, joined Yardi in 2007. His byline has appeared in New York Real Estate Journal, Canadian Property Management and Los Angeles Lawyer, among others. He has won multiple awards from major professional organizations including the International Association of Business Communicators and Public Communicators of Los Angeles. Joel earned a bachelor’s degree from Pomona College.

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