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Be the Boss of Budgeting with These Best Practices

AvidXchange

Few things in the business world inspire as much concern as preparing annual budgets. It comes as no surprise that PwC released a white paper suggesting that annual budgets are “little more than paperweights” and that “many budgets become obsolete before the fiscal year begins.”

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Financial Services Industry Faces a Hiring Crisis Amid Economic Uncertainty

AvidXchange

DOWNLOAD WHITE PAPER DOWNLOAD: How to Attract, Retain & Grow Top AP Talent Amid Economic Uncertainty The post Financial Services Industry Faces a Hiring Crisis Amid Economic Uncertainty appeared first on AvidXchange.

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Technology Solutions for a Short-Staffed Media Industry Dealing With an Increase in Work

AvidXchange

Without people commuting or traveling, there was little need for billboards and radio ads, and most brands were holding tight to their purse strings and taking a wait-and-see approach with their budgets.

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Why are Real Estate Firms Turning to AP Automation to Weather a Potential Recession?

AvidXchange

Seventy percent of survey respondents said their company is adjusting its budget over the next 12 months with 60% looking for ways to reduce costs and 66% looking to create efficiencies to increase productivity and improve profit margins. So how do they protect their budgets?

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How are AP Departments within Homeowners Associations Responding to a Potential Recession?

AvidXchange

Thirty-six percent of survey respondents are focusing their investments on automation, including accounts payable (AP) solutions that replace manual back-office processes like invoice processing and bill pay that are critical to operations. Where are companies putting their technology investment dollars?

AP 52
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AP Automation’s Role in Helping Financial Institutions Navigate a Possible Recession  

AvidXchange

Financial institutions are getting their priorities in order While financial organizations are inherently stable organizations, they’re looking long and hard at the numbers and the opportunities as they prepare their 2023 budget in anticipation of a possible recession. Here are their priorities: 1.

AP 52
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A Look at How a Potential Recession Could Impact Senior Living Communities

AvidXchange

For more information about how automation can fortify your organization, download our white paper, “How Middle Market Finance Teams are Preparing for a Recession.”

AP 52