Case Study: Adams-Bickel Associates cuts monthly bill processing from a week and a half to one day with Adaptive

Adams-Bickel Associates cuts monthly bill processing from 2 weeks to 1 day with Adaptive

Adams-Bickel Associates, a $40M general contractor, faced a significant challenge with its manual accounts payable process. The lean finance team, led by CFO Lindsay Beard, was spending over 20 hours per week processing bills, creating a month-long bottleneck. After unsuccessful attempts to hire assistants, they turned to Adaptive for a solution using its AI accounting agents to automate the workflow without sacrificing control.

Adaptive implemented AI agents to capture and code bills, routing them through a multi-level approval process before integration with the company's Foundation software. This solution from Adaptive reduced the monthly bill processing time from a week and a half to just one day. The efficiency gains were so substantial that the company avoided hiring a full-time AP employee, saving a salary while achieving complete control and accuracy.

Adams-Bickel Associates