AvidXchangealso recently released new functionality for its small business product, Cashflow Manager, which now automatically alerts users when bank account informationor personal data is changed. It also gives suppliers access to the company’s Accelerator service to expedite eligible invoices for electronic payment. In addition, AvidXchange has launched a program that automates AP and payment operations at no cost for the first year. The company says there is quick setup and and configuration as few as five hours.
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AVIDPAY USE UP 30 PERCENT IN TWO MONTHS Featured
AvidXchange says supplier enrollment its enhanced ACH option, AvidPay direct, has jumped 30 percent in two months. The payments software company said recently more than 300,000 of its more than 680,0000 suppliers are accepting epayments.