fbpx
PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • COVID-19
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • COVID-19
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Avidxchange Launches New Purchase Order Functionality for Leading Middle Market Accounting Systems

PaymentsJournal by PaymentsJournal
April 15, 2021
in Accounts Payable, APIs, Customer Experience, Data, Press Releases
0
The State of Automation in Finance: What Comes After Digitization?

The State of Automation in Finance: What Comes After Digitization?

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Three-way matching capabilities, enhanced API integrations support more efficient invoice processing for customers

CHARLOTTE, NC (April 15, 2021) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced new purchase order (PO) capabilities for Sage Intacct, Microsoft Dynamics GP, Microsoft Dynamics 365 Business Central, Oracle NetSuite and Intuit QuickBooks. Businesses leveraging these accounting systems now have the ability to match purchase orders, invoices and receipts in AvidXchange’s AP automation solution, helping to reduce manual touchpoints and create more flexible approval workflows so finance teams can pay bills more efficiently.

AvidXchange connects with widely-used middle market accounting systems to create an end-to-end platform for spend management. With three-way PO matching functionality and bi-directional API integrations, data is automatically synced across all solutions without the need for AP managers to manually enter invoice information. This saves time and helps to minimize payment errors while giving businesses more visibility and control within their accounting system of record.     

“When middle market businesses look to automate, technology that complements their accounting system and flexes to match existing approval processes makes the transition faster and easier compared to building a custom integration from scratch,” said Michael Praeger, CEO of AvidXchange. “That’s why we’ve cultivated a partner ecosystem that offers 180 pre-built integrations, so we can help middle market finance teams curate a technology stack that meets their unique needs and removes the paper from their payments without disrupting daily operations.” 

“When deciding on an AP automation tool, it was an easy decision to choose AvidXchange because we knew it partnered well with Sage Intacct,” said Karen Russell, CAO and Vice President of Accounting at Oryx Midstream Services. “Now, our company has doubled in size and we haven’t missed a payment deadline. We would never have been able to support the volume of work if we hadn’t become more efficient through automation with AvidXchange.” 

Automating AP and payments with AvidXchange allows businesses to go paperless, cut costs and make payments from anywhere, at any time. Utilizing one of AvidXchange’s 180 accounting system integrations, finance teams can implement a scalable solution that supports future growth while automatically syncing with critical data and processes on day one.   

Tags: Accounts PayableAPIsAvidXchangecustomer experienceDatamiddle marketPress Release
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily
    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    Why Banks and Credit Unions Need Multiple Real-Time Payments Options

    Why Banks and Credit Unions Need Multiple Real-Time Payments Options

    June 28, 2022
    Unburdening Financial Institutions from Legacy Payments Systems

    Unburdening Financial Institutions from Legacy Payments Systems

    June 27, 2022
    Digital Enablement Capabilities Enhance the Online Customer Journey

    Digital Enablement Capabilities Enhance the Online Customer Journey

    June 24, 2022
    FICO Scores: From Industry Invention to Future-Proof Independent Metric

    FICO Scores: From Industry Invention to Future-Proof Independent Metric

    June 23, 2022
    Faster, Easier, & More Control: Where Payments Are Headed in the Future

    Faster, Easier, & More Control: Where Payments Are Headed in the Future

    June 22, 2022
    Ensuring Payments Are Collected on Time, Every Time

    Ensuring Payments Are Collected on Time, Every Time

    June 21, 2022
    How Merchants Can Use Mobile to Stay Vital to the Customer Relationship

    How Merchants Can Use Mobile to Stay Vital to the Customer Relationship

    June 20, 2022
    Digital Issuance for a Digital World 

    Digital Issuance for a Digital World 

    June 17, 2022

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • COVID-19
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result