This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Over the last 20 years we’ve been on an incredible journey, and an integral part of our journey has been the addition of customers, team members, solutions, partners, and culture from EnergySolve, Piracle, and Strongroom. Each brand has been carefully woven into the AvidXchange brand, and we are pleased to move forward with one unified presence giving our customers, partners, and employees access to more resources and solutions than ever before.
We are delighted to announce the launch of our new website! Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer. Stay tuned to our blog for new ideas! Sign up here so you never miss an update. For any enquiries and feedback, please write to us at ali@actonaccounting.com / corrie@actonaccounting.
Document Descri ption This is a document with tips for PMW file format configuration (DME). If you are looking for PMW Configuration, please take a look at DMEE Configuration:Step By Step Part 1 sapnote 1788223 – Attachments – EN_Create_the_new_DMEE_format.pdf Scenario 1 Create a flat file with the following structure: Header Payment Document Invoice Invoice …… Payment Document ……… Trailer The file has the following definition: – Header: 01 ; Payme
The intent of this document is provide the reader with a fundamental understanding of Oracle Loans, enriched with lessons learned from actual implementations. Matt Makowsky is an Oracle Financial Applications Consultant with 17 years experience and a Senior Solutions Architect with Perficient. Oracle’s EBS Financials offerings include many “niche” products that are not considered “Core” applications by most consultants.
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Times change. And so does technology. Is invoice scanning obsolete? Eight years ago, I was like most vendors. I preached the virtue of scanning invoices. I waxed eloquent about how it saves time with filing and storage costs. Today, I’d have to ask why any organisation would do invoice scanning. It means investing in a scanner. Not to mention doing all that manual work – something I’ve found accounts payable staff hate and usually aren’t very good at.
When it comes to providing a cost-effective and viable solution for their AP, traditional bill-pay just doesn’t cut it. Why? Old-fashioned bill-pay systems ignore invoice presentment, but that’s how many of SMBs pay vendors today. Tight internal expense controls are no longer only a large corporate concern. SMB’s demand enterprise-level internal controls before money leaves their accounts.
We’re so excited to announce that AvidXchange is once again one of Charlotte Business Journal’s Best Places to Work. The Charlotte Business Journal selects the winners for their Best Places to Work Award based on a combination of criteria that span from community involvement to employee perks, and an anonymous survey that is completed internally by each company’s employees.
We’re so excited to announce that AvidXchange is once again one of Charlotte Business Journal’s Best Places to Work. The Charlotte Business Journal selects the winners for their Best Places to Work Award based on a combination of criteria that span from community involvement to employee perks, and an anonymous survey that is completed internally by each company’s employees.
Continuing Professional Education (CPE) is required for CPAs to maintain their professional competence and provide quality accounting services. With tax laws and regulations in a constant state of flux, expanding your expertise is a must. CPE is also needed to meet your state board’s requirements for CPA license renewal, as well as for meeting certification requirements for any membership associations and other professional certifications, such as the CMA or CFP®.
Next Money CLT is hosting its first event, focusing on the emergence of FinTech partnerships at a meetup at Packard Place on Sept. 13. The event will feature Mike Praeger , CEO and co-founder of AvidXchange ; Frank Farro , senior vice president of development and engineering at Bank of America; and Holly Eskridge , with Charlotte’s Neighborhood and Business Services Dept.
The Harsh and Fast-Paced Economy Running a business is no easy task, but reaping its benefits is extremely rewarding. Watching your business grow and your dreams unfold are one of the greatest pleasures in life. It is very satisfying to watch all your employees working towards the same goal. The business world is a constantly changing scenario, leaving no room for anyone to rest on their laurels.
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. We’ve been on a fast trajectory with just over 300 employees at the beginning of 2015, and starting out 2016 with just over 500 employees. 2015 was a record year for us, with more than a 60% growth in the employee base, but 2016 is set to outpace this with
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Michael Praeger, CEO and Co-Founder of AvidXchange , has spent the last 20 years founding, managing, merging and selling technology and web services-related companies. Born and raised in Wisconsin, Praeger left the Midwest after high school to embark on a career that led him to Washington D.C., Boston, and Charlotte.Studying finance and meeting his wife, Cindy, (also a startup software CEO) at Georgetown University, Praeger moved to Boston in the early ’90s and worked for Summit Partners,
Serving more than 5,500 clients throughout North America, AvidXchange is an industry leader in automating invoice and payment processes for mid-market companies.In today’s blog, we’ll get to know Brian Thayer, Vertical Sales Manager at AvidXchange. Brian has worked for AvidXchange for the past eight years. He started in our Lead Generation department, setting up demos for our outside sales team, before transitioning into a New Business sales role.
We’re thrilled to announced that our CFO, Karen Bertaux, won the designation of Large Business Sector CFO of the Year last night during the Charlotte Business Journal’s 2016 CFO of the Year Awards ceremony at the Hilton Charlotte Center City. The program honors local professionals’ exemplary performance as corporate fiscal stewards. Karen joined AvidXchange in April, 2015, to support our growth in revenue and workforce.
A second part of the Receivables work area deals with Accounts Receivable. Users can easily take action on pending items or drill down to more details activities by quickly glancing at one or more of the four infotiles available: Receipt Batches, Lockbox Exceptions, Unapplied Receipts and Unapplied Credits. The first infotile allows users to see data for all receipt batches: manual receipt, lockbox and automatic receipt.
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
The Receivables work area provides three infotiles for Billing, Accounts Receivable and Revenue. Included in these is a number of services for customer billing and payment activities, revenue recognition and adjustments, AR balances and reconciliation to the general ledger. Real-time transactions and customer account information are available in the Billing and Accounts Receivable infotiles.
By now you’ve heard all about our 200,000 sq ft, six-story corporate headquarters under construction in Charlotte, but did you know we have several regional offices as well? You don’t have to live in the Queen City to take advantage of the amazing culture AvidXchange provides. We’re also located in Somerset, New Jersey, Houston, Texas, and Salt Lake City, Utah.
At AvidXchange , we believe in giving back to the communities that we call home. In coordination with AvidFoundation, our outreach program, we’re organizing a couple of upcoming events to raise money for some worthy causes. Keep reading for information on these events and how you can participate! Truckin’ Tuesdays Every Tuesday in July, AvidXchange is hosting “Truckin’ Tuesdays” for its employees at the AvidXchange Music Factory.
Tax Freedom day from last year. Breakdown by provinces & territories. Source: Fraser Institute Taxes levied on your hard earned money is neither pleasing to hear nor gratifying to pay. But for the services provided to us by our government, we are obliged to and should pay our taxes correctly and on time. Saying and doing what you say have an inverse relationship.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Serving more than 5,500 clients throughout North America, AvidXchange is an industry leader in automating invoice and payment processes for mid-market companies. By now you’ve heard all about our 200,000 sq ft, six-story corporate headquarters under construction in Charlotte, but did you know we have several regional offices as well? You don’t have to live in the Queen City to take advantage of the amazing culture AvidXchange provides.
Previous Prime Minister Stephen Harper claims that a carbon tax would ‘destroy jobs and growth.’ However, the provincial government has a different point of view. (The Canadian Press – July 2014) The whole world is battling against climate change. As a result of which, countries are moving away from fossil fuels, switching to clean technology and renewable energy.
In our last blog, we introduced you to Jim Campbell, Vice President of Construction Sales at AvidXchange, Inc. In today’s blog, we present part II of our Q&A with the construction industry expert. We’ll cover topics like technology, B2B fraud, why companies still cling to paper checks, and electronic payment automation. What does the landscape of the construction industry in 2016 look like?
After graduating from the University of North Carolina – Chapel Hill with a Bachelor of Science in Business Administration, Jim Campbell began his professional career in 1979 with Timberline Software Corporation, a pioneer in the development of application software for the construction and real estate industries. After serving in various roles, Jim was appointed to the executive team as Vice President of Sales in 1996.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Source: Vancouver Business (Credit: 20th Century Fox) In the past couple of years, our entertainment industry has witnessed a boom. The world-class film, television, visual effects and animation industries have been capable of supporting major feature-length projects here. We have seen many recent high-profile Hollywood productions including Deadpool and Star Trek Beyond shot in BC.
Austin is known for its great music, incredible food, and year-round outdoor fun. Everything’s bigger in Texas, including AvidXchange’s annual users conference! In celebration of our upcoming users’ conference, REVOLUTION 2016 (#REVTexas2016) , we’re looking at some of the speakers and AvidXchange team members you’ll meet there, like Ed Robinson!
The capital of Texas is known for its legendary music venues, foodie hotspots, and year-round outdoor fun. Everything’s bigger in Texas, including AvidXchange’s annual users conference! In celebration of our upcoming users’ conference, REVOLUTION 2016 , we’re looking at some of the other events happening in Austin this year so our partners and customers can make a trip out of their visit!
The Importance of Filing a Tax Return Thinking why do you even have to bother to file your tax returns? Well, think again! It is important to self-assess your income and pay taxes accordingly. Why not stop making excuses about not filing your taxes, and file your income tax just on time to take good advantage of the credits available to you! Time to file your personal taxes in Canada It’s spring time in Canada, and as the new leaves have begun to grow back again on the trees, it is even ti
Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.
Creative Loafing’s 2nd Annual Moo & Brew Craft Beer and Burger Festival took place at the AvidXchange Music Factory on Saturday, April 16. We had an absolute blast meeting Queen City’s most avid beer and burger aficionados while enjoying some live music and the amazing weather. Thanks to everyone who stopped by our tent to say hello and play a quick game of cornhole or take a pic at our photo booth.
The real estate market is at its heyday across Canada, and this is just the right time to be a first time homebuyer in British Columbia. If you are planning to buy or build your dream home, you are going to meet your pure luck! The government has introduced First Time Home Buyers’ Program that will offer you a number of resources, grants, and rebates.
With AP automation , nonprofit organizations can reduce their AP and payment processing costs. In addition to cost savings, these organizations can eliminate the manual tasks associated with paper invoices and checks in the process. In an automated workflow, nonprofits can track invoices electronically and have a central repository for invoice data that can be accessed anytime, anywhere.
Under the proposed enhancements to the UCCB , families would receive almost $2,000 ($1,920) per year for each child under 6 and $720 per year for each child aged 6 through 17. The new benefit amounts would be retroactive to January 1, 2015 and be reflected in monthly payments to families in July 2015. That’s a total of up to $20,160 per child in lifetime benefits.With an Education Savings Plan, you’re eligible to receive the Canada Education Savings Grant (CESG), which matches 20% of
Speaker: Claire Grosjean, Global Finance & Operations Executive
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
52 
Let's personalize your content