Accounts payable (AP) automation is a technology solution that accounting teams use to convert paper invoices into a digital format and then automate the process
Eye-opening survey data revealed 70% of middle market companies are revamping their budget over the next year with a focus on saving costs. Despite widespread
Companies that pay suppliers abroad can leverage accounts payable (AP) automation to complete both domestic and cross-border payments in one place, decreasing the time and
The homeowners association (HOA) and community association management (CAM) industry has seen significant changes since the start of the COVID-19 pandemic. Many associations have faced
You may be familiar with well-known basic benefits of accounts payable (AP) automation solutions: less paper, lower costs, more time for strategic work, etc. Those
Accounts payable (AP) audits can often seem daunting. Companies prefer to find rewards in the future and not dwell on the past. But don’t let your
With the unemployment rate hovering at 3.6% and The Great Resignation still in full swing, finance departments are looking for ways to retain top talent.
Despite everything that’s gone on in recent years – and you don’t need to be reminded – you have many exciting opportunities to boost your
One of the biggest benefits of accounts payable automation is its ability to save your team time. In fact, Goldman Sachs recently estimated AP automation
You may have noticed several new methods for vendor payments in your role as a business owner. Your customers might be hiring automated accounts payable
The advertising industry was hit hard by the pandemic, down more than $20 billion in 2020, according to Statista. After a swift recovery, it’s predicted
Here at AvidXchange, we want to help your accounts payable (AP) team avoid making duplicate payments — a significant industry problem. With this goal in
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