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Nicholas Moussab is a sales professional who has spent more than ten years helping organizations optimize their accountspayable and payment processes. About Nick: Nicholas Moussab is a sales professional who has spent more than ten years helping organizations optimize their accountspayable and payment processes.
By 2003, their invoice approval software, AvidInvoice, was enabling companies to route invoices electronically and create intelligent workflows to automate their accountspayable processes. Headquartered in Houston, Texas, Strongroom has provided accountspayable software solutions to over 200 small and midsize businesses since 2007.
AvidXchange found that 81% of payments were made by check in 2004, 74% in 2007, 57% in 2010, and about 50% today. An upgrade to electronic payments can affect both accounts receivable and accountspayable departments, as the system used to manage payments may be shared between the two functions.
According to ConstructConnect , nearly 150,000 firms went out of business between 2007 and 2013 and over 2.3 Can the past help construction firms prepare for future economic uncertainty? The financial crisis of 2008 rocked the construction industry. I've never seen anything like it. The homebuilding industry shut off like a spicket.
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