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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 It also provides other benefits to your company, many of which help you save money.
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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