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Texas Land Developer Corrals All Their Payables into AvidInvoice
Charlotte, NC (August 6, 2008) - Billingsley Company has selected AvidInvoice, AvidXchange's flagship product, as its solutions provider for payables management and to serve as the system of record for payable transactions across the entire company. 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 Billingsley Company
Founded in 1978, the Billingsley Company is a leader in Texas land development, features Traditional Neighborhood Development, New Urban development and a myriad of property styles including raw land and Build-to-Suit properties. Established by Henry and Lucy Billingsley, the company continues to design and develop unique properties that not only meet functional needs, but also enhance entire neighborhoods. They believe that it is their privilege and duty to design properties that promote healthy living, and enrich the lives of the people who inhabit them. Billingsley represents a diverse portfolio of real estate companies with operations established in acquisition, development and management. Headquartered in Dallas, with holdings throughout Chicago and Texas, Billingsley oversees ventures in office, industrial, retail, multi-family and build-to-suit projects. Additional information on the Billingsley Company can be found at www.billingsleyco.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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