Case Study: Manhattan-Based Holding Company cuts invoice processing costs 10% and boosts controls and visibility with AvidXchange (AvidInvoice)

Manhattan Based Holding Company - Customer Case Study

A privately held Manhattan-based holding company in venture capital and real estate, using Sage 300 CRE and an AvidXchange AvidInvoice client for 1–3 years, wanted to improve its payment process. Their key objectives were to reduce costs, eliminate paper, streamline workflows, and gain better visibility into spend.

Automating with AvidInvoice enabled the company to scale for growth while improving controls and spend visibility, saving time and cutting invoice and payment processing costs by 10%. They became semi-paperless, gained easy access to archived invoices, can approve invoices remotely to pay vendors on time, and now maintain a centralized invoice repository.