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How to Offset the Construction Staffing Challenges with AP Automation  

AvidXchange

Arming the back-office side of the business, the AP staff, with technology tools such as AP automation is a way that construction AP staff can work more efficiently and strategically. Additionally, finance professionals value skills development and the opportunity to work on more strategic initiatives.

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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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AvidPay Makes ‘Daunting Payment Task’ More Efficient for Real Estate Company

AvidXchange

Beginning in 2013, Illinois-based Providence Management Company started using AvidPay from AvidXchange to automate AP processes and payments. By doing that, the company sped up payments and lowered costs by eliminating paper check printing, envelopes and the costs of postage. So in 2020 the company switched back to using AvidPay.

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SURVEY: Accounts Payable Professionals Are Unsatisfied, Searching for New Jobs

AvidXchange

To better understand how AP professionals feel in their current roles based on their workloads, leadership and available technology, we teamed up with the Institute of Finance and Management (IOFM) to survey nearly 500 AP professionals.

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How the Commercial Real Estate Industry Can Respond to Staffing Shortages

AvidXchange

For many AP professionals within CRE firms, the answer lies in creating more skill development opportunities that allow AP staff to spend more time on department planning, staff training and other managerial tasks they were hired to perform. Firms realize they can’t attract or retain AP professionals with mundane, inflexible jobs.

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

AvidXchange

Automating AP departments offers powerful relief to agencies. Their AP departments play a key role, working behind the scenes to handle the financial side of media buys. AP automation frees up staff from the manual tasks of their job, like the need to manually enter information into supplier websites in the media industry.

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

AvidXchange

Investing in automation technology, such as accounts payable (AP) software, helps AP staff reduce manual tasks like invoice processing and bill pay. AP automation also allows professionals to focus on more strategic work like analyzing data, reducing errors and identifying growth opportunities.

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