Healthcare Healthcare

Invoice and Bill Pay Automation for Healthcare Providers

The AvidXchange suite of services is a complete automated invoice and bill pay solution for healthcare providers that improves productivity of accounts payable staff and increases visibility into approval, payment and financial reporting. Centralizing and automating invoices received for multiple healthcare facilities and from different suppliers reduces processing time and operating costs associated with processing bills for payment. The automated healthcare solutions increase your protection against fraudulent and duplicate invoices and streamlines routine audit and compliance checks. Reduce your processing costs and increase the productivity of your staff with AvidXchange’s suite of automated invoice and bill pay services.

Eliminate Paper from your AP Process

A paperless process reduces costs, data entry errors and improves productivity. You can dramatically reduce the time your staff spends handling invoices by eliminating data entry, copying, filing and mailing. AvidXchange customers have reduced their payment cycle from 45 day to as little as 3.

Intelligent Workflow

Provide your healthcare organization with the right tools to automate your approval process. Email reminders, auto-coding and history tracking make approvals quick and easy without tying your staff to the office. With AvidXchange, your approvers spend less time on paperwork and more time managing services.

Get Early Payment Discounts

Streamline your payment process and take advantage of early payment discounts; earn as much as a 36% return on capital with early payment discounts. Electronic invoice capture, automated approval workflow and electronic payments take days off your payment cycle making it possible to pay within limited terms. The benefits of automation can be cash in the bank. 

Scale to your Business Potential

AvidXchange lets you triple the number of invoices you process letting you add new lines of business and facilities without adding staff. Automation eliminates paper and makes paying your bills faster, easier and less prone to manual error. With AvidXchange your invoice and bill pay process is an advantage, not a bottleneck by increasing productivity.

Increased Visibility

Never again is your approval process held up because someone is out of the office. Instantly see the status of any invoice, any time, anywhere, even from mobile devices. You know in an instant your total outstanding payables and when invoices are due to be paid. Take control of your payables with increased visibility into your accounts payable.

Simplified, Painless Audits

AvidXchange’s automated audit trail assures healthcare auditors that you are in compliance with internal processes. Being able to instantly see the status and audit trail of an invoice speeds up audits by reducing the time it takes to pull sample invoices. Streamline healthcare audits and your day-to-day business with automated invoice and bill pay processing.

AvidXchange is the ideal solution to get rid of paper processes to increase control and visibility into your accounts payables. Used by many leading healthcare providers, AvidXchange lets you spend less time on invoice and bill pay processes and more time providing healthcare services. 

Revolutionize the way you pay your bills in 45 days or less!