2015, Invoice Processing and Management Accounting

How to Reduce Costs with Automatic AP Software

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.

AP Accounts Payable Accounts Payable Purchase Order

AvidXchange Helps Hotel Operator Save 37 Hours Each Week, Cut Processing Time by 80 Percent

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 Invoice Processing Data Entry Invoicing

Financial Ops World

How to Reduce Costs with Automatic AP Software

AvidXchange Helps Hotel Operator Save 37 Hours Each Week, Cut Processing Time by 80 Percent

Webinars

Stay Connected