Industries / Real Estate

AP Automation for Real Estate

AP and payment automation helps real estate and property management companies grow portfolios and maintain existing properties more efficiently.

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Power your business with accounts payable automation and you can:

Increase visibility into invoices and payments
Reduce manual data entries and paper invoices
Reduce fraud risk
Securely pay suppliers and strengthen those relationships
Control cash flow and AP spend
Streamline approval workflows and AP processes
Integrate with existing accounting system solutions

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AvidSuite for Real Estate

As you expand your property portfolios, you may be facing challenges scaling property management operations and financial business processes. Handling accounts payable is a challenge that can be easily solved with the right resources. Our solution suite for real estate can dramatically cut the time and cost it takes to handle AP.

AvidBuy

Automated purchase order software

Reduce unapproved purchases, coding errors and unnecessary delays in your PO process.

AvidInvoice

Automated invoice processing

Streamline your entire invoice process while matching your current approval workflows.

AvidPay

Bill payment automation

Enjoy savings in payment processing costs by eliminating paper checks.

Integrations tailored to you

Frequently Asked Questions

What is your experience meeting the unique needs of real estate?

We serve thousands of real estate businesses with our cloud-based invoice management and payment automation suite. Over more than twenty years, we have evolved our software to meet the needs of real estate and property management companies with features like centralized receipt of invoices, 2-way and 3-way PO matching, flexible workflows so you can assign permissions and approvals based on properties or units.

Do you integrate with my accounting system?

AvidXchange has hundreds of accounting system integrations including strategic partnerships with leading real estate and property management solutions like MRI, Rent Manager, ResMan and RealPage.

What type of data is exchanged in your integrations?

We offer both application programing interface (API) and/or file-based integrations, depending on the accounting system. Our seamless, secure integrations sync critical AP data between your accounting system and AvidXchange like goods receipts, general ledger (GL) codes, suppliers, invoices, payments, payment history and purchase orders.

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