article thumbnail

Top Finance and Procure-to-Pay Communities for Accounts Payable

Nanonets

Automating accounts payable (AP) differs from many other enterprise business processes. For that reason, relevant communities and resources for accounts payable extend beyond finance. For that reason, relevant communities and resources for accounts payable extend beyond finance.

article thumbnail

SURVEY: Accounts Payable Professionals Are Unsatisfied, Searching for New Jobs

AvidXchange

Accounts payable departments are vulnerable to staffing issues – especially if those employees are stuck working with manual, paper-based systems. With the unemployment rate hovering at 3.6% and The Great Resignation still in full swing, finance departments are looking for ways to retain top talent.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AvidPay Makes ‘Daunting Payment Task’ More Efficient for Real Estate Company

AvidXchange

By doing that, the company sped up payments and lowered costs by eliminating paper check printing, envelopes and the costs of postage. During the past few years, Providence Management searched for the best automated accounts payable (AP) software to process its payments.

AP 52
article thumbnail

Financial Services Industry Faces a Hiring Crisis Amid Economic Uncertainty

AvidXchange

DOWNLOAD WHITE PAPER DOWNLOAD: How to Attract, Retain & Grow Top AP Talent Amid Economic Uncertainty The post Financial Services Industry Faces a Hiring Crisis Amid Economic Uncertainty appeared first on AvidXchange.

article thumbnail

How the Commercial Real Estate Industry Can Respond to Staffing Shortages

AvidXchange

Automating time-intensive, manual tasks like opening mail, keying in invoice data and shuffling paper to get necessary approvals allows AP staff in CRE firms to create efficiencies, cut costs and free people up to work on more strategic initiatives, like growing the business.

AP 52
article thumbnail

Survey Uncovers Top Priorities for HOA Management Firms

AvidXchange

The survey showed nearly 60% of the management companies have already adopted an accounts payable (AP) automation solution while 21% are considering or researching a solution. “How to adapt and utilize technology to enhance the community’s experience and interactions with our management company.” “We

AP 52
article thumbnail

How are AP Departments within Homeowners Associations Responding to a Potential Recession?

AvidXchange

Thirty-six percent of survey respondents are focusing their investments on automation, including accounts payable (AP) solutions that replace manual back-office processes like invoice processing and bill pay that are critical to operations. Where are companies putting their technology investment dollars?

AP 52