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“I realised that creating a piece of software that could extract data from bills would create immense value for a larger potential customer base,” Michael says. Extracting the data. EzzyBills eliminates the need for manual dataentry as well as the human error that goes with it. Hitting the right notes.
The AccountsPayable (AP) department is often one of the slowest to switch over to automation software or to update older software solutions. Even if things seem to be working okay now, modern Business Process Automation (BPA) can improve accountspayable in ways you might not even have thought of. per invoice.
Products Used: AvidInvoice and AvidPay Industry: Real Estate Year Joined: 2020 Accounting System: Yardi Voyager 7s Customer Name: David Bennett Bio: David Bennett is the senior accountspayable manager at Remedy. Several hours a day were spent opening mail, scanning invoices and filing and stuffing checks into envelopes.
By 2003, their invoice approval software, AvidInvoice, was enabling companies to route invoices electronically and create intelligent workflows to automate their accountspayable processes. In 2015, AvidXchange acquired Strongroom, an industry leader in the Home Owner Associations (HOA) space.
Our accountspayable (AP) department, already bogged down by time-consuming, manual tasks, was overloaded by the sheer number of additional invoices. AP representatives who used to function more as data-entry clerks are now able to actively manage accounts instead of paperwork,” Murphy explains.
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