Cost Savings Cost Savings

Reduce your AP and payment processing costs by 60% or more.

Reduce your AP and payment processing costs up to 60% with automation. AP and payment automation eliminate all of the manual tasks associated with paper invoices and checks.

Discover all of the benefits to your company's bottom line:

  • Reduce total Cost per Process (CPP) up to 60% by automating your invoice capture, approval and payment processes
  • Qualify for early payment discounts by reducing your invoice approval timeframe to as little as 2 to 3 days
  • Reduce audit costs and simplify audits with complete audit trails using electronic data available any time, anywhere
  • Eliminate late fees with automated alerts when bills are due
  • Reduce time spent looking for lost or misplaced invoices because all invoices are at your fingertips in a centralized repository
  • Eliminate filing cabinets and offsite storage fees to store paper invoices
We have reduced our annual operating costs by over $430,000 with AvidXchange..

Warren Adair, Vice President of Information Technologies Shea Properties