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AvidXchange and WAC Solution Partners Form Strategic Relationship
“Our partnership with WAC Solution Partners is a great example of how we can leverage the deep relationships they have created with their clients by delivering innovative solutions to automate the Accounts Payable Processes for their customers,” commented Michael Praeger, CEO and Co-Founder of AvidXchange. “WAC Solution Partners customers will greatly benefit from AvidXchange’
The companies recently gained a joint customer in the manufacturing industry who operates two facilities that provide engineered wood roof and floor trusses. The joint customer made the investment in the solutions to decrease their approval cycle time, eliminate paper storage, and reduce accounts payable processing costs overall.
“We have many requests from our customers about streamlining their Accounts Payable Processes and the amount of time it takes each month to organize, file, input invoices, and pay bills. AvidXchange enables customers to achieve this goal of streamlining these processes. We are excited to introduce this new offering to our customers and look forward to a large adoption of this technology,”
AvidXchange revolutionizes the way companies pay their bills. Accounts Payable automation increases control and visibility into the bill payment process to reduce processing time, allow early payment discounts and eliminate late fees. Automation eliminates paper by electronically capturing invoices, using intelligent business rules to route invoices for approval and storing all information electronically providing anytime, anywhere access to invoice status and history. AvidXchange makes it easy to automate and backs this great customer experience with a 45-day implementation guarantee. As the first SaaS technology vendor to automate invoice processing, AvidXchange works with suppliers to electronically send and receive all invoices through the AvidBill Network. Standard integration to more than 45 accounting systems speeds adoption and simplifies setup. AvidInvoice significantly reduces operating costs and improves productivity in a company’s accounts payable department. AvidPay eliminates 100% of paper checks from company’s payment processes, maintains vendor information and payment preferences, and facilitates payments for every invoice, every vendor, and every bank. Headquartered in Charlotte, North Carolina, AvidXchange is privately held with over 200 employees nationwide. Contact us at 800.560.9305 / email@example.com.
About WAC Solution Partners
Since 1987, WAC Consulting Group, now WAC Solution Partners, has helped companies in many different industries increase profitability by streamlining business processes, implementing customized accounting, manufacturing, and supply chain systems. Business tools like customer relationship management, human resource management, business intelligence, EDI, e-commerce/web integration, and document management solutions are included in the WAC list of core competencies.
Together our team offers hundreds of years of technical and business experience, with advanced degrees in business, finance, engineering and APICS/CPIM certification in 13 offices nationwide. Our staff also brings real-world experience in finance and accounting, manufacturing workflow processes, materials management, engineering data management and sales force automation to companies both large and small.
Our purpose is to help our clients remain competitive by utilizing technology wisely. WAC Solution Partners can help companies identify needed changes along with development of a plan to design and implement those changes. We work with clients to analyze their current processes, understand the way they do business, learn where they want to drive their business, and match those needs with the appropriate tools and plan. Visit us online at www.wacsolutionpartners.com.