NextProcess

APRIL 14, 2023

Cut Costs Per Invoice While there is an initial cost to implementing a new Accounts Payable processing software, the long-term savings can be significant. For example, a 2015 survey by APQC showed “bottom performers” spend an average of $12.44 per invoice. This also simplified audits.

AP 86

AP Accounts Payable Accounts Payable Purchase Order 86

AvidXchange

SEPTEMBER 24, 2020

Nearly 38 work hours saved each week In response to the crushing volume of invoices, Island Hospitality launched AvidInvoice and AvidPay in July of 2015, and soon Murphy saw the transformation he had hoped for. “We Invoice processing time reduced by 80 percent AvidInvoice has generated even further savings.

AP 40

AP Invoice Processing Invoicing Data Entry 40

AvidXchange

DECEMBER 1, 2016

In 2009, after reaching the 100 client mark, AvidXchange introduced the AvidBill Network, their electronic vendor invoice submission service, to further streamline the invoice process for customers and eliminate data entry. In 2015, AvidXchange acquired Strongroom, an industry leader in the Home Owner Associations (HOA) space.

Accounts Payable 40

Accounts Payable Accounts Payable Billing Data Entry 40

Invoicera

APRIL 10, 2024

Moreover, proper invoicing practices are highly crucial during tax audits. Because an invoice serves as the primary document to verify reported income and taxes, you want to ensure it adheres to all policies, including that of the recipient’s country. That includes paper, electronic, or both versions.

Invoicing 52

Invoicing Tax Record Keeping Invoice Processing 52

Invoicera

FEBRUARY 13, 2024

Efficient Invoicing: Many payment solutions, including Invoicera , offer robust invoicing features. This means businesses can easily generate and send professional invoices to clients, keeping track of transactions and ensuring timely payments. This streamlined invoicing process contributes to better financial management.

Invoicing 52

Invoicing Billing Accounting Software Invoice Processing 52