AvidXchange

DECEMBER 12, 2016

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.

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SAP Accounts Payable

SEPTEMBER 9, 2016

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

Invoicing 52

Invoicing Accounts Payable Accounts Payable Accounting 52

Perficient - Accounts Receivable

JULY 29, 2016

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.

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General Ledger Collections AR Invoicing 52

CAAPS

FEBRUARY 9, 2016

I’m often asked how to get one’s staff to increase the use of purchase orders. That can be a bit sticky because most of the people in your organisation probably have no idea why purchase orders are so important – they just appear to be an admin process that wastes a lot of time. Just more paperwork? They don’t realise that purchase orders can give management a long-term and accurate perspective of the company’s financial position and commitments or that purchase orders en

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Purchase Order Accounts Payable Accounts Payable Invoicing 52

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.

Accounting

AvidXchange

OCTOBER 10, 2016

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.

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AP 52

AvidXchange

SEPTEMBER 12, 2016

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®.

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CPA Tax Auditing Financial Accounting 52

AvidXchange

SEPTEMBER 6, 2016

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

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

AUGUST 15, 2016

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,

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AvidXchange

JULY 26, 2016

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.

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AP Invoicing 52

AvidXchange

JULY 22, 2016

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.

Accounting 52

Accounting Accounting 52

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.

Perficient - Accounts Receivable

JULY 17, 2016

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.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accounting 52

Perficient - Accounts Receivable

JULY 7, 2016

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.

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Billing General Ledger AR Accounts Receivable 52

AvidXchange

JUNE 28, 2016

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.

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AvidXchange

JUNE 27, 2016

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.

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Collections 52

Advertisement

The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

AP

AvidXchange

JUNE 7, 2016

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.

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Invoicing 52

AvidXchange

MAY 10, 2016

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.

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General Ledger AP Invoicing Budgeting 52

AvidXchange

MAY 3, 2016

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!

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AvidXchange

APRIL 26, 2016

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!

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Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

AvidXchange

APRIL 21, 2016

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.

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Billing 52

AvidXchange

MARCH 29, 2016

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.

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AP Invoicing Accounting Accounting 52

AvidXchange

MARCH 9, 2016

Presented by IT-oLogy, the Blue Diamond Awards recognizes IT innovation in the Charlotte region. The Blue Diamond Awards have helped to attract IT talent and economic development in the Queen City and build a community around technology and innovation. More than 300 business, technology, educational, and community leaders gathered at the NASCAR Hall of Fame on March 1 to celebrate the best technology innovation and application in Charlotte.

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Computation 52

AvidXchange

MARCH 7, 2016

Nonprofit organizations can reduce their AP and payment processing costs, eliminating all of the manual tasks associated with paper invoices and checks in the process. By automating the accounts payable process, organizations can track invoices electronically, streamline workflows, and have a central repository for invoice data that can be accessed anytime, anywhere.

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Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

Accounting

CAAPS

FEBRUARY 9, 2016

Is your handling of invoices tax compliant? Receiving invoices by email is both a blessing and a curse. Which you get depends on how well set up you are. For example, many of the accounts payable staff I talk with tell me that they hate getting email invoices. They have to print them out so they can be processed. Even companies that scan their invoices find themselves printing them out.

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Invoicing Tax Accounts Payable Accounts Payable 52

CAAPS

FEBRUARY 9, 2016

Procurement of goods is a vital corporate function. Needless to say, an efficient workflow that starts from procurement and ends in paying for the goods is very important to ensure that expenses are within the company’s budget and that costs are kept at a minimum. Procure to pay solutions is the key to effective supply chain management. By integrating the purchasing process with the automated accounts payable function, an organization can strengthen its controls over purchase authorizati

Purchase Order 52

Purchase Order Accounts Payable Accounts Payable Invoicing 52

CAAPS

FEBRUARY 9, 2016

Why automate accounts payable? Accounts payable departments often use lots of paper and manual processing is one of the most expensive components of the business accounting cycle. Accounts payable typically requires manual data entry and significant labor costs. Manual data entry is also error-prone. Susie West of Ardent Partners presented a survey (What Makes An Accounts Payable Function Best-in-Class?

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Accounts Payable Accounts Payable Data Entry Accounting 52

CAAPS

FEBRUARY 9, 2016

Large technology projects are often described as transformation projects. These projects significantly change the way organisations conduct their business and how work gets done. Unfortunately, the reality is that the success rate of transformations is less than 40%. Why do so many transformations fail? What are the barriers to transformation? There are many common barriers to success.

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Collections Accounts Payable Accounts Payable Accounting 52

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All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

Accounting

CAAPS

FEBRUARY 9, 2016

Secure against fraud in e-invoices: digital signatures embedded in documents have become an essential part of e-business. Not to be confused with digital certificates, digital signatures allow you to verify that a document is genuine and that it has not been modified in any way. Signatures are embedded securely while not visible on the image. If anybody attempts to tamper with the document, the signature is instantly removed.

Invoicing 52

Invoicing 52

CAAPS

FEBRUARY 9, 2016

This white paper uses a variety of trusted sources to explain the significance of new Portable Document Formats (PDFs). “Traditional archiving methods such as paper and microfilm guarantee reproducibility but have been superseded by new technologies. The popularity of PDF (over TIFF) grew for a variety of reasons but the format’s proprietary nature meant that reproducibility over years could not be guaranteed.

Accounts Payable 52

Accounts Payable Accounts Payable Accounting Accounting 52

CAAPS

FEBRUARY 9, 2016

The process of accounts payable automation with CAAPS is far simpler than you would expect. To help demonstrate, let’s look at how a traditional AP process compares to an automated process. The traditional accounts payable process Invoices are received by account payable. Our annual Accounts Payable Benchmark Report measures the productivity of AP operations.

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Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

DECEMBER 1, 2016

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.

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Accounts Payable Accounts Payable Billing Data Entry 40

Advertisement

Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.