Case Study: AP Automation for a Nonprofit Organization using Dynamics GP

Did you know that nonprofit organizations can reduce their AP and payment processing costs up to 60% with AP automation? In addition to cost savings, these organizations can eliminate all of the manual tasks associated with paper invoices and checks in the process. By automating the accounts payable process, nonprofits can track invoices electronically, streamline workflows, and have a central repository for invoice data that can be accessed anytime, anywhere.

In today's blog, we'll take a look at a case study by TechValidate and how AP automation saved a nonprofit customer using Microsoft Dynamics GP time and money. This customer has been an AvidXchange client for 1-3 years, utilizing both our AvidInvoice and AvidPay solutions.

Challenges Before Automation

Biggest motivation for purchasing an AvidXchange Solution:

• Get rid of the paper
• Improve processes
• Reduce fraud
• Improve compliance and controls
• Improve visibility

Results After Automation

AvidXchange has impacted the business in the following ways:

• Reduced processing costs
• Scaled for growth
• Saved time
• Improved controls
• Improved visibility into spend
• Reduced their invoice and payment processing costs by 30 – 40%.

Customer Testimonials

“AvidXchange has enabled us to have visibility of all invoices from submission through payment.”

“AvidXchange has improved our overall operational efficiency, and we can’t imagine going back to our old process.”

“AvidXchange has a more robust offering with superior services compared to other offerings in the marketplace today.”

This data was sourced directly from verified users of AvidXchange by TechValidate. TechValidate verifies the identity and organizational affiliation of all participants that contribute to published research data. When research participants so desire, TechValidate also guarantees their anonymity so that they may share information honestly and freely. Source: TechValidate. TVID: C83-FA4-C02.

3 Ways Your Nonprofit Can Be More Efficient with AP Automation

Join us Thursday, March 31st, at 2 p.m. EST for a free one-hour webinar, 3 Ways Your Nonprofit Can Be More Efficient with AP Automation. You’ll learn more about the benefits of automation, and also hear how a nonprofit implemented automation to create efficiencies for their private school. Register here!

by AvidXchange