Case Study: Shea Properties achieves $430,000+ annual cost savings and 10x faster invoice processing with AvidXchange's AP Automation

Property Management Firm Drives Down Costs with AP Automation

Shea Properties, a multifaceted real estate developer and manager, was struggling with costly, paper‑based accounts payable: about 60,000 invoices a year from 1,800 vendors across 75 locations. Manual invoice routing and limited visibility into expenses led to slow processing, missed early‑payment discounts, poor audit responsiveness, and thousands of labor hours spent on routine AP tasks.

In February 2010 AvidXchange deployed an AP Automation solution—electronic inbox, automated workflow and approvals, payment scheduling, and integration with Shea’s AP system. The program cut invoice processing from 23 days to 2.7 days (saving roughly 10,000 labor hours), reduced annual operating costs by more than $430,000, unlocked about $80,000 in early‑payment discounts, and delivered real‑time expense visibility and instant, audit‑ready reporting.

Shea Properties

Warren Adair

VP of Information Technology