AvidUtility—AvidXchange’s automated consumption analysis and payment processing solution— frees up your payables team by cutting down on the receiving, capturing and paying of utility invoices, driving cost efficiency.
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.
Gain actionable insights with customized reports to help maximize reporting and analysis. Business intelligence dashboards enable you to 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.
With over 225 accounting system integrations available, you can seamlessly automate your invoice and payment processes within your existing ERP workflows.
Plus dozens of other popular business accounting systems.
Reduce the hard costs of dealing with paper invoices and payments.
Review, code and approve payments with a few clicks.
Keep or create custom workflows to ensure your data is accurate.
Allow your current team to keep up with a growing workload.
Increase financial security by leveraging e-payment options.
Get your suppliers paid on time using the method they prefer.
Our cloud based platform allows for 24-7 online access.
Online records make reporting and auditing a breeze.
We’ve got you covered with fresh perspectives and the latest insights on financial technology and accounts payable.
This educational guide offers helpful explanations, insights and recommendations about AP automation.
See how it all works! Check out a 4-minute video demo of AvidXchange’s AP automation solutions.