This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As the top back-office digitization priority for the last two years, accountspayable is a great example of a tool that is trusted amongst finance teams to simultaneously target multiple areas of concern including security, process inefficiencies, and disorganized AP workflows. To learn more, schedule a demo today.
For accountspayable (AP) teams, vendor payments are the cornerstone of business relationships. Governed by the National Automated Clearing House Association (NACHA), these payments can facilitate direct deposits, direct payments, and electronic checks. Implementing robust security measures can mitigate the risk of ACH fraud.
AvidXchange provides accountspayable (AP) automation Software as a Service (SaaS) to mid-size companies. In 2022, we processed more than 70 million transactions. Options include virtual Mastercard, AvidPay Direct (enhanced direct deposit) or paper check mailed via USPS. What Is AvidXchange?
According to a 2022 report by the Association for Financial Professionals (AFP), 71% of organizations surveyed experienced attempted or actual payments fraud in 2021. It often involves faking vendor information to redirect payments from the accountspayable (AP) team to a fraudster’s account.
With this early payment option, if a supplier chooses to accelerate an eligible invoice, AvidXchange deposits the funds directly into their account in as little as 24 hours for a small fee. Several of Rothenberg’s customers use AvidXchange to automate their accountspayable (AP) processes and pay their suppliers.
You may be familiar with well-known basic benefits of accountspayable (AP) automation solutions: less paper, lower costs, more time for strategic work, etc. Take advantage of e-payment options that generate incentives like Mastercard, direct deposit and virtual cards. The more bills you pay, the more rebates you earn.
In a survey of Community Associations Institute (CAI) members conducted by AvidXchange in May 2022, 37% of respondents believe their organization will face the challenge of managing critical operations with limited staff. That’s up from 27% of respondents in 2021. MICHAEL PRAEGER Absolutely. So let’s go in.
A National Association of Homebuilders survey revealed that in October 2022, more than 80% of single-family builders experienced a shortage of appliances, transformers, windows and doors. Surprisingly, delays aren’t the only scheduling challenge Overturf and Campbell see across the industry this year. So it’s a real problem.
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content