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AvidXchange Blog

11/18/14

Building a Business Case for Automation

Building a Business Case for Automation

It's budget season. You've been wanting to transition to automated AP and payment processes, and you know that if you don't pitch it to your decision-makers soon then you're going to coast into 2015 with the same paper problems you had this year. We want to help you build your business case for automation.

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11/6/14

For Good Measure: 7 AP Automation Metrics to Use

For Good Measure: 7 AP Automation Metrics to Use

“You can’t manage what you don’t measure.” Yes, we’ve heard it a thousand times, and there’s probably one of those corporate inspirational pictures floating around your office that bears this excellent adage.  However, while overused, it has become a fixture of corporate jargon, because it’s true. So, we know we need to measure, but then comes the question of what to measure that’s actually a performance indicator.  What are the right metrics to evaluate the success of your AP Automation journey?
 

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11/5/14

45 Days to Freedom

45 Days to Freedom

There always seems to be a layer of skepticism around AvidXchange’s ability to implement our software in 45 days, or less. It’s not unfounded, as some software implementations that are at the core of business processes take several months, or even longer. However, we believe that when you make the decision to automate your payable processes, it should happen as quickly as possible.

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11/3/14

Best Practices for Preparing Audit-Ready Financials - Part 2

Best Practices for Preparing Audit-Ready Financials - Part 2

It's November, and we're all focused on Best Practices to end the year strong. Today's blog, contributed by Intacct, discusses how to build the right accounting software foundation to be audit ready.

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10/29/14

Don't Wait to Automate

Don't Wait to Automate

It’s nearing the end of the year and 2014 budgets are at the forefront of our minds. There is a heightened awareness of spending, and the dreaded “c-word” emerges — cuts. I have been helping companies transition to an automated AP process for more than 10 years, and each company is always amazed at how much money and time they save in payment processing. It’s usually an area of their business they didn’t realize was so heavily burdened with costs that could be eliminated.

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