AvidXchange

NOVEMBER 15, 2024

Adopting digital payment methods not only helps improve cash flow with more timely payments but it can be more efficient than processing paper checks. Recent News About the USPS In 2020, the USPS unveiled a 10-year-plan to overhaul the organization after losing $87 billion between 2007 and 2020.

Deposits 52

Deposits Invoicing Reconciling Collections 52

Blake Oliver

OCTOBER 30, 2023

Jason took an unexpected path to become the CFO of a media company, starting his career managing accounts receivable for an ISP in the early days of the Internet. Early Adoption of the Cloud and NetSuite In 2007, Media Place Partners was an early adopter of NetSuite, a cloud-based system.

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable Management Accounting 52

AvidXchange

SEPTEMBER 1, 2017

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 accounts payable departments, as the system used to manage payments may be shared between the two functions.

Billing 52

Billing Invoicing Deposits Computation 52