AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, has launched a new Boost your Business Program to help more companies quickly and cost-effectively automate their AP. With no setup or configuration fees and support from the industry’s most comprehensive onboarding services team, the initiative helps businesses transition to electronic invoicing and payments in less than 45 days with a savings of up to $10,000. Finance teams participating in the program also receive a dedicated project manager and free virtual learning resources through the AvidXchange Academy, equipping them with all the right tools to automate while learning AP best practices that enable their company to operate more efficiently.
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AvidXchange’s Boost your Business Program delivers a complete invoice-to-pay solution that replaces outdated, paper-heavy AP processes with automated invoice ingestion, approval workflows and e-payments, giving middle market finance departments more visibility, security and control over how they pay bills. By eliminating time consuming, manual tasks like handing off paper invoices for approval or mailing paper checks, businesses have the ability to reallocate resources to more strategic initiatives that support stability and rebuilding for future growth.
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“Three out of four businesses have adopted new technologies during the pandemic because they know investing wisely in core operations is key to creating new growth in 2021,” said Michael Praeger, CEO and Co-Founder of AvidXchange. “We conceptualized this new program specifically for companies that are still burdened by antiquated back office processes. By helping them shift to e-invoicing and e-payments, we’re pivoting their entire finance team to focus on what really matters right now – bolstering the balance sheet for the year ahead.”
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