News January 28, 2015

AvidXchange Releases Direct Batch to Enhance Invoice Batching Process to Create a More Integrated Experience for MRI Users

Cleveland, Ohio – AvidXchange, a provider of AP and payment automation solutions, and MRI Software, a leading global developer of innovative property management solutions, have been long time partners and pride themselves on delivering ever-evolving integrated software solutions to continuously optimize the user experience for mutual clients. The latest development in a history of successful integrations is designed to enhance the user experience during the invoice batching process. The new offering, called Direct Batch, is an automated process that enables users to electronically send batched invoices to MRI from AvidSuite, AvidXchange’s complete invoice automation software offering

Direct Batch is an exciting new process for users that eliminates the need to save the invoice batch file to their computer and manually upload it to the MRI system. Instead, the convenient direct transfer allows clients to send invoice batches to MRI with a single click of a button, and to view the status of the invoice batch exports from MRI within AvidSuite. Additionally, once the files have been sent to MRI, the user who exported the file, along with other designated users, can be notified via email with details about the status of their batch export. This empowers users with complete visibility into the export status throughout the entire process.

AvidXchange is part of MRI’s Partner Connect program, a client focused endeavor that facilitates MRI’s unique go-to-market strategy. The program is focused on providing MRI’s and its partners’ mutual clients with the ability to leverage best-of-breed solutions alongside MRI’s award-winning products. MRI selects market-leading organizations in business-critical areas for their clients, and then cements firm business partnerships with those companies. The program is focused on structuring relationships and integrations for mutual clients that offer a high confidence, low risk solution to property and investment management processes. The Partner Connect Program is a prime example of MRI’s commitment to powering maximum flexibility for their clients.

For more information on what Direct Batch is and how it can enhance your user experience, please join the AvidXchange webinar on February 10, 2015 at 2:00 PM EST.

About MRI 
MRI offers property management software solutions to the global property management and investment industries. As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the global multifamily and commercial property industries, helping them improve their bottom line and maximize their returns on their diverse business portfolios. MRI leverages its more than 40 years in business to develop long-term successful relationships with its clients. For more information, please visit& https://www.mrisoftware.com.

<p? strong=””>About AvidXchange 
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 50 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 300 employees nationwide.

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