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Resources   /   Blog

Accounts Payable Blog Articles

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8 Ways to Use AI in Financial Services  

Learn the top ways businesses are using AI in financial services to improve efficiency and adapt to dynamic market conditions.

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AI Tools for Finance: The Latest Trends for 2024 

Finance departments are leveraging AI-powered tools to create efficiencies and improve processes.

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A Look Ahead at Financial Services Business Trends  

Banks and credit unions are recalibrating their priorities and budgets, with a focus on growth, efficiency and talent retention in 2024.

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Financial Services M&As Call for Digital Upskilling

Banks and credit unions that have experienced recent M&As are faced with a unique challenge: determining if the tech stacks they deployed as part of their digitization initiatives can work together or whether they must standardize one system for consistency.

Two men looking at a phone outside of an office building.

How to Win the Talent War in Financial Services 

To attract and retain financial services talent, leaders should understand the challenges finance professionals face, learn what they want out of their careers and invest in the tools they need to succeed and grow.

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How AvidAscend Created Efficiencies for a Community Credit Union

Dawn Palmer with Brazos Valley Schools Credit Union shares how AvidXchange helped automate their accounts payable process Brazos Valley Schools …

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AP Automation’s Role in Helping Financial Institutions Navigate a Possible Recession  

Operating amidst economic uncertainty is no easy feat. Most middle market companies are reevaluating their business costs and priorities as …

LAFCU HQ-West Lansing Branch

Here’s How a Leading Credit Union Streamlined Accounts Payable Processes and Divorced Paper

James McHale, CFO of LAFCU, Shares How AvidXchange Helped Create Efficiencies from Purchase to Pay Since 2020, James McHale has …

Financial Services Staffing Challenges

Financial Services Industry Faces a Hiring Crisis Amid Economic Uncertainty

Reuters reports that hiring in financial services has dropped considerably as banks and credit unions continue to struggle to find …

Financial services industry

Financial Services Industry Experiencing Spending Slump, Data Reveals 

New data from our AvidPay Network revealed spending by middle market companies on financial services has slowed during the past …

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Financial Services Trends: 6 Reasons Why Accounts Payable Will Change in 2022

Banks’ accounts payable (AP) departments are starting to look a lot different. The pandemic kick-started a long-overdue modernization of age-old …

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