AvidXchange

SEPTEMBER 1, 2017

Invoices must be manually created, printed, and mailed; then you wait for the customer to open the envelope, enter the invoice into his or her own system, process the invoice, print a check, and mail it to your company; then your staff has to open the envelope, deposit the check, and match the payment to the outstanding invoice.

Billing 52

Billing Deposits Invoicing Computation 52

AvidXchange

AUGUST 23, 2017

AP automation expert Rhonda Greene has been in the accounts payable world for more than 20 years in various roles and has witnessed the transition from paper-based processes to completely automated AP and payment processes firsthand. With automation, all the invoice images are available in the portal.

AP 40

AP Accruals Accounts Payable Accounts Payable 40

AvidXchange

JULY 21, 2018

Unlike cash or paper checks, electronic payments are routed digitally from one bank account to another through payment systems. As FinTech continues to innovate, accounts payable processes are becoming paper-free through automation, and companies are exploring electronic payments as part of that transformation. In 2017, 3.3

AP 40

AP Billing Invoicing General Ledger 40