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Portland-Based Real Estate Investor Earmarks for AP Automation
Charlotte, NC (March 7, 2008) - ScanlanKemperBard has selected AvidXchange and Intuit Real Estate Solutions (IRES/MRI) for their back-office platform. AvidInvoice for MRI is a web-based paperless purchasing and invoice management system designed to automate the way companies manage their front end purchasing process and accounts payable documents. The AvidBuy and AvidInvoice modules provide finance executives and AP managers with enforceable controls, powerful reporting and added visibility to all purchasing and 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 ScanlanKemperBard Companies
Founded in 1993, ScanlanKemperBard Companies (SKB) is a fully-integrated real estate merchant banking firm based in Portland, Oregon. Investment types include office, retail, industrial and equity to select developers of ground-up development projects located in the Western United States. ScanlanKemperBard Companies mission is the creation and retention of wealth through real estate on behalf of its investors high net worth individuals, trusts, institutions and its principals, in that order. SKB's executive management team has conducted business together for over a decade, and their intimate knowledge of the real estate investment market allows SKB's staff to complete over $500 million in annual transaction volume with specific expertise in all investment management disciplines including acquisitions, due diligence, asset management, property reporting, investor relations, financing and dispositions. Additional information on SKB can be found at www.skbcos.com.
About Intuit Real Estate Solutions
Intuit Real Estate Solutions (IRES/MRI) 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. Over 30 public REITs and 115 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 processing costs by up to 50%. More 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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