Billing Platform

JUNE 10, 2024

Automated AI invoice processing is transforming the way organizations manage their finances, leading to increased efficiency, accuracy, and cost savings. The Traditional Accounts Payable Process Traditionally, the accounts payable process has been a manual and labor-intensive operation often riddled with human error.

Invoice Processing 52

Invoice Processing Accounts Payable Accounts Payable Invoicing 52

AvidXchange

JULY 14, 2022

They process scores and scores of invoices for media suppliers, contractors and others. No matter how experienced or how fast they work, it takes an average of 10 days to process a single invoice. Their AP departments play a key role, working behind the scenes to handle the financial side of media buys.

AP 52

AP Invoicing Budgeting Accounts Payable 52

AvidXchange

AUGUST 31, 2023

She opened invoices with a letter opener, dealt with paper jams in the check printer and oversaw two employees whose full-time role was filing. While some organizations have at least partially updated these manual processes, others are resistant to change and may feel like the effort involved in digitizing processes is not worth the risk.

AP 52

AP Accounts Payable Accounts Payable Invoicing 52

AvidXchange

NOVEMBER 9, 2022

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

AP Accounts Payable Accounts Payable Invoice Processing 52

AvidXchange

NOVEMBER 9, 2022

Thirty-six percent of survey respondents are focusing 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

AP Billing Budgeting Accounts Payable 52

AvidXchange

OCTOBER 14, 2022

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

AP Accounts Payable Accounts Payable Invoice Processing 52

AvidXchange

OCTOBER 14, 2022

Investing in automation technology, such as accounts payable (AP) software, helps AP staff reduce manual tasks like invoice processing and bill pay. For more information about how automation can fortify your business, download our white paper: “How Middle Market Finance Teams are Preparing for a Recession.”

AP 52

AP Financial Services Budgeting Invoice Processing 52