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Software Property Managers Must Build Into 2019’s Budget

October 12, 2018

Property managers are always looking for new tools and strategies to improve profits while cutting costs. They’re still tasked with juggling multiple properties, maintenance, and budgets and most property managers lack the right technology to handle it all. According to the recent State of Property Management report, in the coming decade, the property management industry


Community Association Management Technology [6 Can’t-Miss Solutions to Improve Efficiency]

December 2, 2019

Multitasking is mandatory for community association management groups charged with managing finances and maintaining properties while handling owner issues and communicating with their boards in a timely manner. This vast range of responsibilities can make it easy to lose sight of the ultimate goal: growth. Here are six technology solutions for community association management companies



August 15, 2019

How to Create Your 2020 Budget Faster and More Efficiently

July 16, 2019

It’s almost that time of year few claim as their favorite—annual planning and budget building. Finance departments typically spend at least a month to complete the process of helping the business allocate funds for the coming year, including negotiating and securing all necessary buy-ins and approvals. Many managers take even longer. Forecasting and budgeting don’t


5 Key Questions to Ask Before Automating Your AP Processes

July 2, 2019

If you’re reading this, there’s a good chance you believe your business might be suffering from outdated accounts payable processes. Goldman Sachs says there’s a good chance you’re right. They recently estimated businesses in North America spend $187 billion per year on payment processing costs, with small businesses sacrificing $22 to pay a single invoice


How to Increase Productivity Without Increasing Headcount

June 10, 2019

The construction industry has the potential to boost its value by an impressive $1.6 trillion, but companies also face mounting pressures to stay competitive while keeping tight control of rising costs. Manual processes are no longer cutting it, and any organization hoping to reach that potential needs to adopt efficiencies that will enable them to


AvidXchange Unveils New Study on Future of B2B Fintech

May 16, 2019

Artificial Intelligence outpaces Blockchain, Machine Learning as most widely embraced emerging technology CHARLOTTE, N.C. (May 16, 2019) – AvidXchange™, the leading provider of accounts payable (AP) and payment automation solutions, today released compelling new insights on the future of fintech at REVx, its annual gathering of industry experts, AP thought leaders and finance professionals. Developed


AvidXchange Delivers Accounts Payable Automation with AvidXchange Strongroom for more than 500 Community Management Companies and 50,000 Home Owner Associations

May 15, 2019

AvidXchange introduces new partnership with Vantaca, offers eight industry-specific accounting integrations for AvidXchange Strongroom customers CHARLOTTE, N.C. (May 15, 2019) – AvidXchange™, a leading fintech provider of accounts payable (AP) and payment automation solutions, is commemorating four years of momentum in community association management with its AvidXchange Strongroom product. Now utilized by more than 500


AvidPay Network Hits Half Million Supplier Mark, Acts as Catalyst for Shift to Electronic Payments

AvidXchange helps midmarket companies strengthen supplier relationships with secure, timely payments CHARLOTTE, N.C. (May 15, 2019) – AvidXchange™, the leading provider of accounts payable (AP) and payment automation solutions, today announced that 500,000 suppliers are now part of the AvidPay Network, marking a significant milestone and reaffirming its position as the largest B2B payments network


4 Reasons ePayments are Critical to the Future of B2B Commerce

May 7, 2019

It’s no secret the B2B market is years behind B2C desires and demands. While consumers are trusting technology to manage their money, businesses are still counting on checks and manual processes to pay for products and services. In fact, PayStream Advisors ePayments Report shared that 46% of businesses still rely on printed checks to pay


5 Tech Developments Delivering Big Business Benefits for Real Estate Companies

Property management firms have been handed a golden opportunity: the demand for rental property is on the rise and it isn’t expected to slow. According to a report from Harvard University, 60 percent of residents in major U.S. cities now rent their homes. Investors are responding by turning real estate investments into rental properties, leading