Remove 2017 Remove Data Entry Remove Invoice Processing
article thumbnail

E-invoicing? We already do this don’t we?

AP Association

According to a Billentis report in 2017, 90% of invoices worldwide are still processed manually. Even where organisations have made progress by receiving invoices as pdf email attachments to reduce paper and processing times, it is not without issues.

Invoicing 130
article thumbnail

How Taking AP Paperless Empowers a Mechanical Services Company to Save Time and Gain Visibility

AvidXchange

Our invoices were in one system and data entry in another, which meant matching was especially time-consuming and complicated,” said Smothers. Imagine the time and frustration when we had 10 invoices from one PO. AvidInvoice provides 3-way matching to simplify and speed up processing. That visibility is everything.”

AP 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The neXt Era: The Past is Prologue

AvidXchange

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.

article thumbnail

Building a Business Case for AP Automation with NetSuite

AvidXchange

With NetSuite , vendors can submit invoices via mail or email, and AvidXchange will handle data entry on your company’s behalf. Regardless of how invoices are submitted, once they’re properly coded, they’re available in the Invoice application for easy approval.

AP 52
article thumbnail

Shifting to AP Automation, Healthcare Provider Speeds Up Invoice Approvals by 86 Percent

AvidXchange

Using AvidXchange software, treasurer approves invoices and checks anytime, anywhere This all changed in 2017 when Rego and his finance team decided to start using the AvidXchange accounts payable (AP) software products, AvidPay and AvidInvoice, to complement their use of the Blackbaud accounting system. Brian Murphy Director of J.D.

AP 52
article thumbnail

Robotic Process Automation: The Meaning, Myths & Truths of RPA

AvidXchange

Steps in the RPA invoice process Using rules and instructions, RPA can be used throughout the following invoice processing steps: RPA can monitors a company’s email accounts or shared folder files looking for invoices. The technology figures out the intent of the emails and identifies the ones that are invoices.

AP 40
article thumbnail

Outsourcing Accounts Payable: The Pros and Cons

AvidXchange

For these reasons, many companies are attempting to streamline their finance and accounting operations by adopting and integrating automated accounts payable tools and by restructuring their internal processes for a 21st-century business environment. Here are just a few of the benefits of outsourcing.