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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.
A whole new outlook As a passionate accounting professional who thrives on change, Eriona was excited by one of the biggest shifts to ripple across the UK accounting industry in decades: the UK government’s 2015 decision to digitize the tax system. In researching compliance solutions, Eriona came across Intuit QuickBooks. “It
For example, a 2015 survey by APQC showed “bottom performers” spend an average of $12.44 Automate and Streamline DataEntry One of the big ways that automation helps reduce processing costs is by cutting down on the time that AP employees spend working on routine tasks like dataentry. per invoice.
After graduating from Middle Tennessee State University with his bachelor’s degree, Bennett joined the accounting team in October 2015. He has several accolades including Certified Accounts Payable Manager at the Institute of Finance and Management (IOFM) and AvidXchange Certified Administrator.
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 dataentry. In 2015, AvidXchange acquired Strongroom, an industry leader in the Home Owner Associations (HOA) space.
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 The West Palm Beach-based company depends on hundreds of vendors — from national suppliers to mom-and-pop shops.
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