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INVOICE TO PAY FACT SHEET Leading finance teams today need to focus on more strategic activities and eliminate manual processes like AP invoice entry. AvidXchange is revolutionizing how growing organizations pay their bills by providing industry leading AP and payment automation. We offer a combination of service and technology that helps organizations streamline their AP workflows and easily pay their suppliers while removing manual tasks and the paper from their current processes. Invoice to Pay is complimentary to and integrates with your existing financial accounting or ERP solution. WWW.AVIDXCHANGE.COM PURCHASE ORDER INVOICE APPLICATION PAY APPLICATION AvidXchange PO is a comprehensive, web based solution that enables you to automate your company’s purchase order process. Eliminates maverick spending Standardize spending and purchase patterns Seamless data integration from purchase order to invoice to ERP system AvidXchange Invoice feature streamlines workflows by offering. Paperless invoicing Automated approval workflows Role-based visibility Mobile access to approve or reject transactions AvidXchange Pay is a best in class electronic payment processing solution that facilitates fast and secure payment to suppliers. Our dedicated Service team provides a supported experience during the enrollment and payment execution process. Simple way to convert check payments to electronic payments Save time and reduce payment processing Visibility to complete audit trail of payments Reduction in fraud with “Positive Pay”

INVOICE TO PAY FACT SHEET - Cargas · that helps organizations streamline their AP workflows and easily pay their suppliers while removing manual tasks and the paper from their current

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Page 1: INVOICE TO PAY FACT SHEET - Cargas · that helps organizations streamline their AP workflows and easily pay their suppliers while removing manual tasks and the paper from their current

INVOICE TO PAYFACT SHEETLeading finance teams today need to focus on more strategic activities and eliminate manual processes like AP invoice entry. AvidXchange is revolutionizing how growing organizations pay their bills by providing industry leading AP and payment automation. We offer a combination of service and technology that helps organizations streamline their AP workflows and easily pay their suppliers while removing manual tasks and the paper from their current processes. Invoice to Pay is complimentary to and integrates with your existing financial accounting or ERP solution. WWW.AVIDXCHANGE.COM

PURCHASE ORDER

INVOICE APPLICATION

PAY APPLICATION

AvidXchange PO is a comprehensive, web based solution that enables you to automate your company’s purchase order process.

• Eliminates maverick spending

• Standardize spending and purchase patterns

• Seamless data integration from purchase order to invoice to ERP system

AvidXchange Invoice feature streamlines workflows by offering.

• Paperless invoicing

• Automated approval workflows

• Role-based visibility

• Mobile access to approve or reject transactions

AvidXchange Pay is a best in class electronic payment processing solution that facilitates fast and secure payment to suppliers. Our dedicated Service team provides a supported experience during the enrollment and payment execution process.

• Simple way to convert check payments to electronic payments

• Save time and reduce payment processing

• Visibility to complete audit trail of payments

• Reduction in fraud with “Positive Pay”

Page 2: INVOICE TO PAY FACT SHEET - Cargas · that helps organizations streamline their AP workflows and easily pay their suppliers while removing manual tasks and the paper from their current

BENEFITS OF AVIDXCHANGE INVOICE TO PAY

WHO IS AVIDXCHANGE

GAIN EFFICIENCYEliminate manual data entry, reduce errors, and save valuable time for your AP team. Manage invoices,

workflow, and electronic payments to through a cloud-based solution to reduce the inefficiencies of a

manual and paper led process.

VISIBILITYTrack and manage approvals via smart workflows accessible from any device. Provides an overall view

of process and operations that establish standards to develop strategies that lead to performance

improvements.

FRICTIONLESS PAYMENTSEnsure your supplier payments are delivered on time and eliminate the hassle of printing checks and the

risk of fraud.

COLLABORATION Coordination cross-functionally across the platform to enable key stakeholders to review and make

decisions on key information.

CUSTOMIZATIONThe AvidXchange Invoice to Pay Solution is flexible, mobile, and user friendly. Delivering real-time

information, its single cloud platform can be managed seamlessly across any phone, tablet, laptop, or

desktop device.

AvidXchange™ revolutionizes the way companies pay their bills. Serving more than 5,500 clients

throughout North America, AvidXchange is an industry leader in automating invoice and payment processes

for midmarket companies spanning multiple industries including Real Estate, Financial Services, Energy,

and Construction. AvidXchange has been recognized as the top software company in North Carolina

by the North Carolina Technology Association, one of the 50 fastest-growing private companies in the

Charlotte area for six consecutive years, ranked among Deloitte’s Fast 500 this past year, and was recently

named the top 100 technology companies in North America by Red Herring. In the midst of record growth,

AvidXchange has remained true to its most valued competitive advantage—its people. AvidXchange has

been recognized as one of the Best Places to Work in Charlotte for eight consecutive years. For more

information, contact us at 800.560.9305 or [email protected].

WWW.AVIDXCHANGE.COM