Westport Construction

Westport Construction Goes Paperless with AvidXchange

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Westport's mission is to partner with purpose. We are the premier affordable housing contractor in Los Angeles. In any given year, we may have 15 to 18 projects going at one time. We have a huge housing crisis here in LA that we're trying to solve, one unit at a time.

Before we had AvidXchange, our AP process was very manual. There was no centralized tracking or database. We would get our invoices physically in the mail. We would scan it to the job site.

They would print it out. They would approve it, scan it back here to the office. We would print it out again and then that would go into another paper trail. So after we've accumulated all this paper, it all gets boxed up, put into our warehouse.

If we have to go find something to just sift through, all that paper would take an enormous amount of time. So now that we have AvidXchange, we get our invoices in just a centralized place. We have it digitally stored forever. We don't have to worry about being able to find something. We know where it is.

After our first year with AvidXchange, we found that the average person was saving at least two hours per day doing manual things. We found that we saved approximately 30,000 sheets of paper in a year. It's saving us a ton of space and a ton of time.

It's allowed me and the accounting staff to focus more on forward planning, strategic thinking, less on the day to day things. Going through the implementation process, and the onboarding was as seamless as could be. Every step of the way, they've been available, helpful. With millions of dollars on the line, you have to have that level of trust with your partners.

Being more efficient means that we can build these projects faster. Every day that there is a delay because of some paperwork is just another day that the project is not getting complete, which means that somebody is going another day without having a place to live.

Industry

Construction

Company Size

20

Accounting System

Accumatica

About the Company

Westport Construction specializes in affordable, multi-family housing. The company is committed to partnering with its clients to deliver on time and on budget. While the construction business has a reputation for being hesitant to change, Westport Construction is a firm believer that innovation provides game-changing efficiencies and competitive advantage. 

Vince Wile joined Westport Construction 10 years ago, evolving from an administrative role on the finance team to a lead decision maker. He oversees the firm’s AP, handling routing and permission setups, onboarding of new users and day-to-day administration of the financial software solutions.

While construction finance is complex and cumbersome with loads of invoices coming in from multiple job sites, Wile can better manage the work thanks to a seamless, automated AP solution from AvidXchange.

Westport Construction employee working at his desk.

The Challenge

Managing Paper Across Job Sites
Collecting and coding thousands of invoices and routing them through approvals was tricky for Wesport Construction, as it is for most construction companies. With multiple job sites acting as their own business entity, sending unique invoices for approvals and prompt payments to their suppliers was almost impossible to do manually. The lengthy, often messy paper trail made it easy for invoices to get lost or attached to the wrong project. As Westport Construction’s business grew, Wile knew they needed to find an AP automation solution to enable their growth.

The Solution

Anytime, Anywhere Access
With innovation as a driving force for the company, Wile knew automation would transform their finances and give them an edge over competitors. Thanks to AvidXchange’s purchase-to-pay solution, Westport Construction was able to streamline invoice processing, making it easy for job sites to submit, track, and mange invoices anytime, from anywhere, on any device.

The Results

Operational Efficiency Gains
Before adopting AvidXchange, Westport Construction’s manual invoice approval process took four days to complete. Now, it takes half as long and there’s no more searching for lost invoices. The average team member is saving around two hours per day in manual tasks and Wile has been able to cut costs associated with printing invoices now that everything is digital. These efficiency gains mean Westport Construction now has more time to focus on forward planning and strategic business initiatives, rather than worrying about the day-to-day financial operations.

Quote from Vince Wile, "After working with AvidXchange, we find them to be a trusted partner. Every step of the way they’ve been available and helpful."