April, 2018

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AvidXchange Names Fintech Veteran, Dan Drees, as Chief Growth Officer

AvidXchange

CHARLOTTE, N.C. , (April 18, 2018) – AvidXchange , a leading fintech provider of accounts payable and payment automation for midsize companies, is pleased to announce that Dan Drees has joined the company as Chief Growth Officer, a new role created to facilitate ambitious and exciting growth. The Chief Growth Officer will have direct responsibility for the strategic direction, leadership and mentorship of the go-to-market organization on a worldwide basis.

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Why You Should Consider Professional Bookkeeper for Your Business

Billah and Associates

Accounting can easily be referred to as the lifeline of a business. It not only helps to ensure the smooth running of the business but helps keep the various aspects of the business in line to maximize the bottom line. This is why business owners consider professional bookkeepers for their businesses. But if you’re still not convinced about how bookkeeping services can help with the posterity of business, here are a few reasons, which can change your mind.

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The Dirty Little Secret Every Data Scientist Knows (but won't admit)

CloudZero

In May of last year, I needed surgery to fix my left knee in hopes that I could get back to running, one of my favorite activities. Now, you may be thinking "what the heck does this have to do with Data Science?", but during my recovery I found more parallels than you might think. I started to make the connection a few months into rehab, with all of the squats, icing, balancing drills, and massages.

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Sage Intacct connects and automates the accounting profession

Cloud Accounting Podcast

Discussed in this episode: Job disruption is quickly coming to accounting, too Subscribe: Listen on iTunes/Apple Podcasts Listen on Google Play Chris Rose, VP of Business Development at Sage Intacct, joins the podcast to talk about why organizations need to move to the cloud for their ERP, the value of cloud APIs for enabling third party integrations, and the threats and opportunities automation is presenting to the accounting profession.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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The Accounts Payable Task That Drains the Day

AvidXchange

Let’s face it, the workday is filled with meetings, emails, and countless tasks. It’s nearly impossible to find time to reflect, reevaluate, and refine proven processes. For the accounts payable (AP) department, there’s the added stress of managing payment processes that ultimately impact the bottom line. From invoice entry to cash flow to month-end closing, every part of the AP process impacts spend and budget.

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Why B2B is Losing the ePayments Race

AvidXchange

Here’s the deal: Printed checks and cash are becoming things of the past. Today, businesses and customers want to save time and money. As technology evolves, consumers are quick to simplify the purchasing process with the click of a button. But some businesses are reluctant to use ePayments for goods and services. Why? The Fast Track To ePayments We know that outdated, paper-based accounts payable processes have a less-than-stellar reputation in the FinTech industry.

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7 Ways to Save Your Accounts Payable Process

AvidXchange

Without even realizing it, many businesses are driving up costs in the very department that impacts their bottom line the most—finance. In the accounts payable process, payment cycles are plagued with inefficiencies and challenges. Printed checks and paper invoices often drive up the time and money spent to process supplier payments. Late payments, a lack of centralized processes, and poor vendor relationships are just a few of the pain points finance departments experience during the payment cy

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Big Four blockchain, AI, and RPA

Cloud Accounting Podcast

In this episode: PwC and Northern Trust launch blockchain audit KPMG offers IBM Watson-enabled accounting tools No Coffee Breaks Needed: Companies Add Software Robots to Workforce The Evolution of the One Firm Client Practice Why Artificial Intelligence is the Future of Accounting Subscribe: Listen on iTunes/Apple Podcasts Listen on Google Play Dr. Sean Stein Smith, DBA and CPA, joins the Cloud Accounting Podcast to discuss five of the top accounting articles from the past few weeks, including s

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2018 Moo & Brew Craft Beer and Burger Festival Profile: NoDa Brewing Company

AvidXchange

Creative Loafing’s 4th Annual Moo & Brew Craft Beer and Burger Festival takes place at the AvidXchange Music Factory on April 28. The festival will offer samplings from over 50 local, regional, and national breweries as Charlotte’s most notorious burger joints compete for the coveted title of “Creative Loafing’s Best Burger.” As an official sponsor of the event, we’re profiling some of the vendors you’ll rub elbows with, like NoDa Brewing Company !

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How Manual Invoice Processing Adds Hours and Headaches

AvidXchange

It’s sad but true – most businesses are still stuck in the past with piles of printed invoices scattered throughout departments. Despite major fintech advancements, finance departments are still manually processing invoices. Businesses are still hiring dedicated AP specialists to open mailed invoices and manually enter invoice details into the accounting system.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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How the Antiquated Invoice Adds Hours and Headaches

AvidXchange

It’s sad but true – most businesses are still stuck in the past with piles of printed invoices scattered throughout departments. Despite major fintech advancements, finance departments are still manually processing invoices. Businesses are still hiring dedicated AP specialists to open mailed invoices and manually enter invoice details into the accounting system.