Case Study: REDICO achieves a paperless, streamlined year-end close and stronger AP controls with AvidXchange

Before and After Accounts Payable Automation with Bill Gilbert

REDICO, a national real estate development and investment firm, faced a time-consuming, paper-based accounts payable process that left invoices getting lost, approvals delayed, and year-end close requiring a week of tracking, boxing, and storage work. As a lean organization that relies on technology to scale, REDICO needed better visibility, tighter controls, and a way to eliminate manual bottlenecks across its AP and property-management workflows.

By implementing AvidXchange (integrated with MRI) in 2009, REDICO automated invoicing, approvals, and payments, creating end-to-end visibility and vendor compliance. The result: streamlined, real-time AP processes with no week-long year-end scramble, reduced overtime and temporary staffing needs, cloud-based document storage, and cleaner vendor master data through standardized practices.

REDICO

Bill Gilbert

Controller