Keep Your Process.Lose The Paper.
Join the more than 200,000 vendors nationwide that utilize the AvidBill Network to securely automate their invoice submission and receipt processes. We make it easy for vendors to submit 100% of their invoices electronically through a variety of methods. Upon invoice receipt, the data that you would input manually today is automatically populated in your system. Doesn’t that sound easy? It is.
"Electronic capture prevents a tremendous amount of manual input and misplaced information."
AvidInvoice is designed to mirror your current approval processes and workflows, but without all of the paper and inefficiency. By automating the process, your company will be able to track invoices electronically, streamline workflows, and have a central repository for anytime, anywhere access to invoice data.
"Because AvidInvoice tracks where each invoice is, we know where the bottlenecks are and which managers are slowing down the process."
More than 50 standard invoice and bill reports are delivered as part of the AvidSuite with a comprehensive reporting tool to define ad hoc, customized reports. All reports can be subscribed to based upon a user's authorization level and schedulable anytime you choose. Additional reporting is available through our AvidUtility offering for visibility into utility usage and spending.
"Our AP team no longer functions as keypunch operators, but rather as a team that is able to perform analytical functions!"
We have standard integration to more than 40 accounting systems, so you can easily get started with AvidXchange solutions that already work with your system. Don't see your accounting system here? No worries. Our integration team can work with you to build one.
"AvidInvoice has been the easiest software application and implementation that our team has ever experienced. The integration with our accounting system worked immediately and with little configuration."
AvidPay enables companies to pay vendors electronically while maintaining all of their banking relationships and their current approval workflows. AvidPay’s PayControl feature creates flexibility for things such as step level approvals and mutliple approvers. So, you can keep your process, but cancel that order for check stock and ink.
"You can't even assign a value to the efficiencies AvidPay has created, but it's worth a lot more than our monetary savings of $72,000 a year. Now that I have all of the information that I need right at my fingertips, I can focus on cash forecasting and scheduling payments for ideal cash management."
Our implementations take 45 days--guaranteed. When you decide to get rid of the paper, we think it should happen as quickly as possible. Get on with your financial genius.
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