Lowe’s Companies has partnered with real estate management software provider Yardi to offer its users the ability to purchase products from LowesForPros.com beginning in January 2020.
Having the right technology and partnership in place allows Lowe’s to work with property management professionals who require a fully automated end-to-end procurement and invoice processing platform. Yardi users can now login to the platform, select Lowe’s as vendor and add items from LowesForPros.com to their shopping cart. The order is then approved within the buyer’s e-procurement system and sent to a local Lowe’s store for fulfillment.
In addition to online purchasing, customers can make purchases through the Yardi platform at more than 1,700 U.S. Lowe’s stores.
“Our partnership with Yardi demonstrates our continued progress in making it easier for Pros to grow their businesses with us,” said Fred Stokes, Lowe’s SVP, Pro Sales and Services. “Over the past year, we have focused on meeting the basic needs of our Pro customers and now we are investing in new partnerships and improved experiences to better serve this important customer.”
In addition to the partnership with Yardi, Lowe’s has expanded its e-procurement offering to all Pro customers. New customer benefits include the ability to:
- Create custom catalogues to make recurring purchases quick and easy
- Access purchase history reports for all employees
- Set-up and manage tax-exemptions online
- Access Lowe’s Business Account support online and in-store
- Apply customer-specific pricing online
- Purchase contractor pack offers online
- Control spend and help protect against fraud with purchase approvals
“Yardi works with thousands of client properties whose needs differ, and our partnership with Lowe’s gives our users access to countless services and products to continue growing their business,” said Akshai Rao, vice president of Yardi Procure to Pay.