AP and Payment Automation Solutions Now Available via AvidXchange Integration

June 18, 2014


Kelsie Foster

AP Automation

Have you ever dreamed about processing your Accounts Payables and Payments in a matter of minutes? Well, our latest integrated vendor wants to get you closer to that goal! We are excited to announce that the AP and payment automation capabilities of AvidXchange are now available to all Rent Manager Online customers!

Through this new integration, Rent Manager Online (RMO) users are able to enjoy a fully automated AP and Payment experience that streamlines the invoice capture, invoice approval workflow, and bill payment process.

How Does Payment Automation Work?

For bill payment, clients can simply select payments in their Bill Center and facilitate vendor payments using AvidPay, AvidXchange’s business bill payment service, for secure payment execution. It takes less than a minute to transfer thousands of payments from RMO to AvidPay.

AvidInvoice enables RMO users to automate their AP process. This is done by allowing users to track invoices electronically; streamline and enforce approvals; and provide a central repository for any time, anywhere access to invoice data.

“Providing our customers with business-advancing resources like AvidPay and AvidInvoice helps us continually enhance their Rent Manager experience and improve efficiency,” said Tony Little, Chief Technology Officer at LCS. “That’s why we pursued the collaboration and are eager to see the benefits it will deliver to our clients.”

AvidPay eliminates 100% of paper checks from companies’ payment processes; maintains vendor information and payment preferences; and facilitates payments for every invoice, every vendor, and every bank.

“The seamless payment integration that we have with Rent Manager is creating a great experience for our joint clients. We look forward to the adoption continuing so that more shared clients can not only enjoy the streamlined payment experience but also capitalize on the ability to turn their AP departments into profit centers with our incentive program,” commented Michael Praeger, CEO and Co-Founder of AvidXchange.

For more information about AvidXchange, click here.

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