About This Software
AvidXchange revolutionizes the way companies pay their bills. Serving more than 4,500 clients throughout the United States, AvidXchange is an industry leader in automating the invoice and payment processes for mid-market companies spanning multiple industries including Real Estate, Financial Services, Energy and Construction. AvidXchange has been recognized as one of the 50 fastest growing private companies in the Charlotte area for four consecutive years as well as ranked among Deloitte’s Fast 500 this past year. In the midst of record growth, AvidXchange has remained true to its most valued competitive advantage – its people. AvidXchange has been recognized as one of the Best Places to Work in Charlotte for six consecutive years.
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Underwritten in part by AvidXChange. Introduction Over the last decade, it has become increasingly apparent that automating accounts payable (AP) processes can greatly improve an organization’s overall financial operations. AP Technology can bring numerous benefits, including: » Faster processing times » Greater accuracy in payments » More captured discounts for early payment » Better compliance …
This guide is designed to help AP departments get the most out of their payment procedures, featuring a six-point plan to design and achieve perfect payments. 1. Conduct a spend optimization assessment and calculate your Perfect Payment Index (PPI). » A spend analysis is the examination of the volume and value of purchasing transactions. It looks at what goods …