AvidXchange

JULY 14, 2022

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. They process scores and scores of invoices for media suppliers, contractors and others.

AP 52

AP Invoicing Budgeting Accounts Payable 52

Billing Platform

OCTOBER 28, 2024

Usage-Based Pricing: Advantages The lower barrier to adoption enables businesses to attract a broader range of customers that have different budgets and varying requirements. Since invoices are paid in arrears, an increase in administration cost may occur. Still not sure if this billing model is right for your business?

Billing 96

Billing Computation Invoicing Reconciling 96

Billing Platform

JUNE 28, 2024

Given that usage is a variable, the organization’s OPEX will also vary which can negatively affect budgets and the company’s ability to accurately forecast expenditures. By automating the financial process, you’ll ensure accurate and timely invoicing, account receivables, revenue recognition, collections, and financial reporting.

Billing 97

Billing Computation Collections Invoicing 97

AvidXchange

DECEMBER 9, 2022

Through a cloud-based system, AP professionals have 24/7, anytime, anywhere access to invoices and payments. To learn more about how middle market companies are preparing for a recession, download our white paper. And automated workflows help process them accurately and on time.

AP 52

AP Invoicing Budgeting Accounting 52

AvidXchange

NOVEMBER 9, 2022

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?

AP 52

AP Billing Budgeting Accounts Payable 52

AvidXchange

OCTOBER 14, 2022

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

AP Financial Services Budgeting Invoice Processing 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. AP automation provides flexibility — staff can handle tasks from anywhere, at any time.

AP 52

AP Accounts Payable Accounts Payable Invoice Processing 52