Case Study: MRIO cuts invoice and payment processing costs by 40% and strengthens controls with AvidXchange's AvidInvoice

MRIO - Customer Case Study

MRIO, a Houston-based real estate firm providing leasing, tenant representation, disposition, development, consulting, and management services across Texas and the U.S., sought ways to streamline accounting across its Development, Retail, and Residential divisions. Controller John Robertson wanted to reduce processing costs, eliminate paper, grow without adding headcount, and strengthen internal controls.

By automating payments with AvidXchange’s AvidInvoice, MRIO centralized approvals, improved controls, and scaled operations without hiring. The solution cut invoice and payment processing costs by 40%, reduced processing time and paper storage, and increased accountability and operational efficiency.

MRIO

John Robertson

Controller