News
Retail Development Firm Automates AP Across 80 Properties
Charlotte, NC (January 7, 2009) - SR Weiner and Associates, Inc. has selected AvidXchange and Intuit Real Estate Solutions (IRES/MRI) for their back-office platform. AvidInvoice for MRI is a web-based invoice management system designed to automate the way companies manage their accounts payable documents. The AvidInvoice module provides finance executives and AP managers with enforceable controls, powerful reporting and added "visibility" to all invoice documents in their organization while providing invoice "approvers" with features that make it easier to apply accounting codes and approve or dispute invoices.
About SR Weiner and Associates
SR Weiner and Associates, Inc., combined with WS Development Associates, LLC, develop, own, manage and lease an extensive portfolio of over 80 properties totaling more than 16 million square feet, including an additional nine million under development. At each of their lifestyle centers, power centers, community centers, and mixed-use developments, they build to own and commit to long-term investments by forging relationships with communities built on trust, respect, and teamwork. They are one of the leading real estate development and management companies in the Northeast. The partnership specializes in acquisition, development, management and redevelopment of retail properties. Capabilities include permitting, construction supervision, financing, leasing, property management and marketing. Additional information on SR Weiner and Associates can be found at www.srweiner.com.
About Intuit Real Estate Solutions
Intuit Real Estate Solutions (IRES/MRI), headquartered in Cleveland, Ohio, offers business management solutions to the global property management industry as well as to corporate real estate managers. Offering the most flexible solutions with both outsourced hosted offerings and packaged enterprise software, IRES strives to develop long-term successful relationships with its clients. The business currently has more than 4,500 clients on five continents and in 41 countries. Additional information on Intuit Real Estate Solutions can be found at www.realestate.intuit.com.
About AvidXchange
Founded in 2000, AvidXchange, Inc., headquartered in Charlotte, North Carolina, is the industry-leading provider of paperless invoice management and electronic purchase order tools for real estate companies in the office, retail, multi-family and industrial sectors. More than 35 public REITs and over 150 real estate companies are managing their payables with AvidInvoice, the SAS 70 Certified AP workflow solution that eliminates lost invoices, minimizes late fees/overnight courier charges and reduces invoice processing costs by up to 50%. Additional information on AvidXchange can be found at www.avidxchange.com.
For Immediate Release
Contact: Michael Praeger
mpraeger@avidxchange.com
704.971.8101
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