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Assisted Living Management Firm Sought Support in Automating Process
Charlotte, NC (September 24, 2008) - BMA Management, Ltd. 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 BMA Management
Founded in 1999, BMA Management, Ltd. was recently recognized as one of the 30 largest assisted living providers by Assisted Living Executive, a magazine published by the Assisted Living Federation of America. BMA is responsible for the management of 21 supportive living communities, housing nearly 1,850 apartments. With communities located from the Chicago area to Carbondale, BMA is the only company in Illinois to manage communities in urban, suburban and rural areas. The communities range in size from 52 to 148 apartments and operate under the regulations of the Illinois Supportive Living Program. Nearly two-thirds of the residents are supported by a Medicaid waiver program. BMA also manages senior living, assisted living and memory care apartments. Additional information on BMA Management can be found at www.bma-mgmt.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 140 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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