Remove 2011 Remove Accounting Remove Accounts Payable
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800 Employees and Counting: AvidXchange’s Year of Record Growth

AvidXchange

AvidXchange , leading provider of accounts payable and payment automation solutions for midsize companies, recently exceeded 800 employees. This is a major milestone for us, since we were nearing the 80 employee mark at the end of 2011.

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What You Should Know Before You Invest in AP and Payment Automation

AvidXchange

Nicholas Moussab is a sales professional who has spent more than ten years helping organizations optimize their accounts payable and payment processes. About Nick: Nicholas Moussab is a sales professional who has spent more than ten years helping organizations optimize their accounts payable and payment processes.

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Development Company Slashes Invoice Processing Time by Nearly 60%

AvidXchange

Products Used: TimberScan Titanium Industry: Construction Year Joined: 2021 Accounting System: Sage Intacct Customer: Fred Herbst, FL Star Group Bio: Fred Herbst graduated Cum Laude with a degree in Business Management from Florida Gulf Coast University in 2011. The outdated process also strained their supplier relationships.

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The neXt Era: The Past is Prologue

AvidXchange

By 2003, their invoice approval software, AvidInvoice, was enabling companies to route invoices electronically and create intelligent workflows to automate their accounts payable processes. In 2011, AvidXchange formed a new Energy Information Services (EIS) group, delivered by EnergySolve.

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What is ACH Fraud and How to Combat It

MineralTree

As an example, a fraudster may impersonate a vendor — often through BEC or account takeover — and contact the AP team to update payment information to a fraudulent account. The Accounts Payable (AP) team is the most susceptible department in terms of this attack, with 58% of those surveyed noting their AP teams were compromised.

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Looking to Build Business Credit? Take Advantage of Net 30 Accounts to Get Started

Nanonets

The answer is simpler than it’s made out to be – net 30 accounts offer new lines of credit, zero-percent interest rates, and credit enhancement opportunities. Securing net 30 accounts for business use is a must, and in this article, we’ll showcase why that is. What are Net 30 Accounts?

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Top FinTech Trends for 2018

AvidXchange

A lot has happened in the blockchain world since its launch in 2011, and this year its growth is proof that 2018 may be the biggest blockchain and bitcoin year yet. Use of the cloud in 2018 opens doors for secure, simplified automation processes for accounting workflows and up to date compliance. The answer depends on who you ask.