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AvidXchange Offers Free Webinar "Spotlight on Energy Compliance"

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CHARLOTTE, N.C., May 29, 2013 (GLOBE NEWSWIRE) -- AvidXchange, leading provider of payment and AP automation solutions for midsize companies, is offering a free webinar, "Spotlight on Energy Compliance" on Wednesday, June 5th at 2:00PM EDT. Kristen Thomasino, AvidXchange's Director of Client Success, will share the latest in energy compliance regulations being passed across the United States, and how planned, new, and existing regulations will impact companies. ENERGY STAR reporting is becoming the standard for compliance initiatives. This webinar will give attendees a behind the scenes look at metrics that determine a company's ENERGY STAR score, and educate them on what companies are doing to ensure success in their compliance initiatives.

"With our roots in AP automation we are very in touch with our clients' invoicing and payment processes; utility invoices were a pain point for our clients because they didn't have the reporting capabilities necessary to have visibility into their utility usage and spending. When we recognized this trend years ago we extended our offerings to solve for this specialized need. Now clients are able to pay their utility bills electronically with our utility bill payment software that has built-in reporting and analytics to optimize spending, is integrated for ENERGY STAR reporting, and comes with a no late fee guarantee," commented Kristen Thomasino, AvidXchange's Director of Client Success.

"Our clients experience an average savings of 15% or more annually on utility spending, which greatly impacts their bottom line. Energy efficiency is also a major topic of conversation in our industry, and we strive to be a thought leader in the marketplace. AvidXchange is passionate about educating potential and existing clients, as well as partners about the latest trends in the marketplace. Webinars are a wonderful platform for sharing our knowledge, and we greatly value the opportunity to create a highly educational experience for all attendees," added Thomasino.

Learn more and get registered: "Spotlight on Energy Compliance"

About AvidXchange

AvidXchange revolutionizes the way companies pay their bills. Accounts Payable automation increases control and visibility into the bill payment process to reduce processing time, allow early payment discounts and eliminate late fees. Automation eliminates paper by electronically capturing invoices, using intelligent business rules to route invoices for approval and storing all information electronically providing anytime, anywhere access to invoice status and history. AvidXchange makes it easy to automate and backs this great customer experience with a 45-day implementation guarantee. As the first SaaS technology vendor to automate invoice processing, AvidXchange works with suppliers to electronically send and receive all invoices through the AvidBill Network. Standard integration to more than 35 accounting systems speeds adoption and simplifies setup. AvidInvoice significantly reduces operating costs and improves productivity in a company's accounts payable department. AvidPay eliminates 100% of paper checks from company's payment processes, maintains vendor information and payment preferences, and facilitates payments for every invoice, every vendor, and every bank. Headquartered in Charlotte North Carolina, AvidXchange is privately held with over 150 employees nationwide. Contact us at 800.560.9305/ info@AvidXchange.com

CONTACT: Jen Ittenbach jittenbach@avidxchange.com 704.971.8106

Source: AvidXchange