AvidXchange

OCTOBER 11, 2022

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 past nine years. Imagine the time and frustration when we had 10 invoices from one PO. That visibility is everything.”

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AP Data Entry Invoicing Invoice Processing 52

AvidXchange

OCTOBER 14, 2022

Previous economic disruptions, including the financial crisis of 2008, seriously impacted financial institutions and resulted in an onslaught of new compliance and capital requirements. Investing in automation technology, such as accounts payable (AP) software, helps AP staff reduce manual tasks like invoice processing and bill pay.

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AP Financial Services Budgeting Invoice Processing 52

Nanonets

MARCH 30, 2023

The manual process of collating this information requires a significant amount of time and resources, ultimately underutilizing or burdening a company's most valuable asset - its human talent. The extracted text is then processed using NLP techniques to identify and extract relevant data such as names, addresses, dates, and numbers.

Data Entry 52

Data Entry Invoice Processing Invoicing Purchase Order 52

AvidXchange

NOVEMBER 9, 2022

HOAs experienced heavy pressure during previous recessions, including the 2008 banking crisis. Thirty-six percent of survey respondents are focusing their investments on automation, including accounts payable (AP) solutions that replace manual back-office processes like invoice processing and bill pay that are critical to operations.

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AP Accounts Payable Accounts Payable Invoice Processing 52

AvidXchange

NOVEMBER 9, 2022

When the 2008 financial crisis struck, real estate management firms were largely operating as they had been for decades. Automated AP solutions are especially helpful to real estate firms because of the industry’s notoriously complex, time-consuming AP processes. The recession caught many off guard.

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AP Billing Budgeting Accounts Payable 52

AvidXchange

OCTOBER 14, 2022

In 2008, many seniors were unable to sell their homes – or chose not to – when the housing market crashed and the country catapulted into a recession. Instead, many delayed moving into a senior living community.

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AP Accounts Payable Accounts Payable Invoice Processing 52

AvidXchange

NOVEMBER 16, 2022

The financial crisis of 2008 rocked the construction industry. While another recession is a real possibility, we’re not at the same level of crisis we experienced in 2008.” If a firm’s work doubles, the volume of invoices and payments double as well,” said Campbell. “To

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AP Budgeting Accounts Payable Accounts Payable 52