Gain more control over your utility consumption and costs.
AvidUtility is our automated utility consumption analysis and payment processing solution that frees up your payables team by cutting down on the receiving, capturing and paying of utility invoices. By offering comprehensive controls, utility bill management, reporting and payment features, AvidUtility places your finance team in greater control of utility cost and invoice management. AvidUtility provides you with:
Eliminate the manual processes of managing and paying utility bills and ensure your invoices are accurate and get paid on time with AvidUtility.
Remove manual data entry from your day-to-day processes. AvidUtility comes standard with missing bill management, exception resolution and payment follow-up services to ensure your bills are accurately coded and paid on time.
Gain actionable insights with customized reports to help maximize reporting and analysis. Business intelligence dashboards help you create facility scoreboards to instantly see how each business location is performing. This allows you to easily identify trends and cost saving opportunities to optimize your energy usage.
Maintain annual cost savings and budget stability with the help of our licensed AvidEnergy team. Our dedicated professionals obtain and evaluate supplier pricing proposals and agreements, negotiating contract terms and conditions on your behalf. Fixing energy supply rates for a period will help you improve your financial forecasting and protect your business from future price fluctuations in the utility market.
Assistant VP, Corporate Facilities Manager, Susquehannah Bancshares, Inc.
Step-by-Step with our Accounts Payable Automation Software
See how it all works!
Check out a 4-minute video demo of AvidXchange’s AP automation solutions.