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Accounts Payable Blog Articles

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Chart of Accounts – How to Get Organized & Efficient

Tedious as it may seem, every business transaction needs to be recorded in the right account. The problem, however, is …

The Procurement Process – 5 Steps to Best in Class

As the costs of purchasing continue to rise, it’s important that business owners follow best practices when it comes to …

Electronic payment systems

EFT Payments – The Guide to Electronic Fund Transfers

Today, commerce is relying more and more on electronic communications to handle financial transactions efficiently and affordably. For this, businesses …

stack of papers on conference table

Outsourcing Accounts Payable: The Pros and Cons

Managing your relationships with vendors and suppliers is challenging enough. When complications occur in your accounts payable processes, they can …

Bill payment software -- Woman at desk

Software Property Managers Must Build Into 2019’s Budget

Property managers often look for new tools and strategies to improve profits while cutting costs. They’re still tasked with juggling …

Paper house under a magnifying lens

The State of ePayables in Real Estate

Over the past two years, the real estate industry has evolved beyond maintaining portfolios and properties. Associations and property management …

hands on files sitting on conference table

Guide to Selling AP Automation to Your CFO

Did you know CFOs have FOMO? The “fear of missed opportunities” is a real thing for executives. Seeing competitors save …

man in suit flipping through file papers

Top 3 Reasons Automation is Critical for Property Management

The property management industry is struggling to find the solution to everyday property problems. Juggling transactions, financial statements, accounts receivables, …

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Diversity and Inclusion: AvidXchange’s Grass-Roots Efforts

It’s no secret that diversity and inclusion (D&I) are important. Studies have shown that companies that focus on D&I enjoy …

Automating Accounts Payable

Construction Technology: The Generational Divide

The construction industry is facing what many describe as its most significant obstacle—a critical shortage of skilled labor—at a time …

Bill Payment Software

Adding Up the Costs of Poor Payment Processes

Here’s the deal. Poor payment processes come with a price. Why are companies spending so much on payment processes? It’s …

Automating Accounts Payable

Going Mobile with Accounts Payable Automation for Construction

Day-to-day changes in construction technology may not be apparent to people outside the industry, but those who spend their days …

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