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The Benefits of AP Automation

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Cost Savings

Automating reduces processing costs by 60%, or more. How? By eliminating the hard costs associated with paper invoices and checks, such as postage and check stock, as well as eliminating the soft  costs associated with manual processes, such as data entry.

Check out our ROI calculator to see exactly how much you can save!

 

Improve Visibility and Control

Automating payables gives your company 24/7 visibility into the status of invoice  and payments from anywhere you have  an internet connection. Additionally, we  configure your workflows to mimic your current approval processes, so that you maintain all of the business rules you  have in place today coupled with an  electronic audit trail for an additional  level of accountability.

 

Create Processes that Scale for Growth

By eliminating the paper from your  accounts payable processes, you also remove the manual tasks that are  associated with them. Therefore, in an automated environment your company will be able to add invoice and payment volume without having to add headcount to handle labor-intensive functions.

Implementation in 45 Days, or Less

We have a three-step process that we’ve developed over 16 years of helping to get customers up and running on our software. Every customer gets a dedicated implementation specialist that walks them through the three steps: data collection, configuration, and testing.

Service Teams to Support Your Experience

From the moment that you decide to become an AvidXchange customer, we have service teams in place to support you. During implementation, you have a designated implementation specialist to help you get up and running on our software, and after you’re implemented you get an account manager to help with any questions you may have along the way while you use the software. Additionally, we have a  support team that has a 15-minute response rate based in Charlotte, NC. If you use our payment service, then you also are aided by our vendor enablement team and payment services team to maintain vendor data and optimize electronic payment conversion.