AvidXchange: Transforming the accounts payable process, one company at a time.
We set out from Charlotte, North Carolina, in the year 2000 with a simple mission in mind: Transform the way middle market companies receive, manage, and pay their bills. We’ve grown quite a bit since then; we became a public company in 2021 and remain dedicated to continuously expanding our team, our footprint and our capabilities through strategic investments and acquisition of industry leading companies like FastPay, Core Associates and BankTEL Systems.
Today we help more than 8,000 North American companies cut costs, improve visibility, and increase efficiencies. We’ve earned the trust of 1.2 million suppliers paid through our AvidPay Network over the last five years, processing $231 billion in spend management in 2023. And we’ve become a leading provider of accounts payable automation software and payment solutions for middle market businesses and their suppliers, all by making our customers’ business our business.
At AvidXchange, we define success as pursuing your passion. Our passion is inspiring businesses to realize the true value of accounts payable and payment automation by eliminating paper invoices and paper checks.
AP Automation Purpose Built for Community Association Management
As your community portfolio continues to expand, effectively managing your accounts payable operations to meet the complex needs of association managers, accounting teams, board members and homeowners can be increasingly problematic. You need an invoice-to-pay software solution designed to help you scale your business, add communities to your portfolio, and provide a faster, more reliable way to process invoices and make payments to vendors. AvidSuite for Community Association Management offers invoice and payment automation to boost efficiency, accuracy and speed – all while lowering AP operating costs.
Power your business with accounts payable automation and you can:
- Eliminate the paper invoice and paper check
- Save time and money by eliminating manual AP tasks
- Increase operational efficiencies and reduce AP processing costs
- Increase security and reduce fraud risk by maximizing e-payments
- Track, manage and report on invoices and payments in real time
- Enforce controls and customize workflows to fit with your existing processes
- Scale for business and portfolio growth
- Foster a stronger relationship with your associations
AvidStrongroom is our end-to-end automation platform that features API integrations with some of the most widely used accounting systems and ERPs including Sage Intacct, QuickBooks, Microsoft Dynamics GP, Sage 100 and NetSuite. Now you can replace your manual accounts payable process with an end-to-end digital solution to match invoices, purchase orders and sales receipts. With AvidStrongroom, you have the power to:
- Streamline your invoice approval workflow
- Approve invoices online
- Monitor invoice status and send payments securely through the AvidPay Network