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Navigating economic uncertainty is challenging, especially as the construction industry is still adjusting to a new normal from previous downturns. “The construction industry has fresh scars from...
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Accounts payable (AP) automation is a technology solution that accounting teams use to convert paper invoices into a digital format and then automate the process of organizing within the system,...
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Ready to Automate Your AP?
Request a DemoA possible recession has businesses on edge as many are reevaluating costs and priorities in preparation for an uncertain future. For homeowners associations (HOAs), there’s concern that economic...
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Real estate management firms are bracing for what could be a tumultuous time ahead. The current economic environment has businesses across industries tightening their belts and looking for ways...
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Dawn Palmer with Brazos Valley Schools Credit Union shares how AvidXchange helped automate their accounts payable process Brazos Valley Schools Credit Union (BVSCU) was chartered in 1954 in Katy,...
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As we are all aware, the month-end and year-end closing processes can be tedious and time-consuming tasks for AP professionals. Closing out business from the previous month or year, carrying...
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As finance teams begin to integrate new technology into their workflows, many accounts payable (AP) and accounts receivable (AR) professionals are noticing the benefits that come with electronic...
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As a result of economic uncertainty, organizations across all industries are reevaluating their costs and priorities while leaders are shifting their focus to retain and attract talent amidst...
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Operating amidst economic uncertainty is no easy feat. Most middle market companies are reevaluating their business costs and priorities as they shift their focus to sustain growth, create...
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Westport Construction shares how TimberScan Titanium enhances Acumatica and saves time with digital accounts payable (AP) Vince Wile joined Westport Construction about 10 years ago, evolving from...
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Eye-opening survey data revealed 70% of middle market companies are revamping their budget over the next year with a focus on saving costs. Despite widespread cost cutting as a potential recession...
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Piedmont Service Group shares how AvidInvoice and AvidPay for Microsoft Dynamics GP streamlined their AP Process Ken Oesch joined Piedmont Service Group in 2008 and has served as its CFO for the...
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Michelle To with Saban Community Clinic shares how AvidXchange helped them navigate high turnover rates by automating workflows With five locations throughout Los Angeles, Saban Community Clinic...
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Companies that pay suppliers abroad can leverage accounts payable (AP) automation to complete both domestic and cross-border payments in one place, decreasing the time and money spent on payment...
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The homeowners association (HOA) and community association management (CAM) industry has seen significant changes since the start of the COVID-19 pandemic. Many associations have faced staffing...
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The construction industry has the potential to boost its value by an impressive $1.6 trillion, but companies also face mounting pressures to stay competitive while keeping tight control of rising...
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Daniel Miracola with Central Presbyterian Church shares how AvidXchange helped to automate their accounts payable process, allowing them to scale while reinvesting their savings back into the...
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Ready to Automate Your AP?
Request a DemoYou may be familiar with well-known basic benefits of accounts payable (AP) automation solutions: less paper, lower costs, more time for strategic work, etc. Those are all very true, but there’s...
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This post is part of an interview series by AvidXchange CEO and co-founder Michael Praeger. The professional landscape has altered so much in recent years. Companies are far more decentralized...
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For accounts payable (AP) professionals in the nonprofit industry, implementing new technology can seem like a daunting task. There’s often a perceived high cost of purchasing new technology and...
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