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READ THE BLOG The post Here’s How a Leading Credit Union Streamlined AccountsPayable Processes and Divorced Paper appeared first on AvidXchange. They also implemented AvidPay, AvidXchange’s payment automation software.
In the 2022 State of AP report , survey respondents indicated that AP automation was the leading priority for back-office digitization. It should then come as no surprise that automating accountspayable processes is an important part of financial digital transformation. Streamline Accruals. Expand Electronic Payments.
These include: • Month- and year-end closes • Audit and tax season • Budgeting season • Holidays and personal time off (PTO) During these periods, time management tips for accounting and finance professionals are especially important. And then reallocate your team. I know in my former life as an AvidXchange customer for many, many years.
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