Case Study: Borger Management achieves 10x faster invoicing, 26% labor cost savings, and 30% improved financial accuracy with MRI Software

Borger Management, Inc. yields greater efficiency, financial accuracy, and cost savings with AvidXchange and MRI Software

Borger Management, Inc., a real estate leader in the Washington, D.C. metro area managing over 7,000 multifamily units and 2.3 million square feet of commercial and retail space, faced slow, paper-based invoice and payment workflows that were time-consuming and error-prone and lacked real-time financial visibility for stakeholders.

By implementing AvidXchange’s AP automation through MRI Software’s connected ecosystem, Borger automated invoice processing (now 10x faster), enabled remote work, reduced labor costs by about 26%, and increased financial accuracy by 30%, while consolidating payment and reporting data into a single, visible source.

Borger Management

Claudia Good

Chief Financial Officer