AvidXchange Offers Free Webinar Featuring Watertown Savings Bank

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CHARLOTTE, N.C., June 26, 2013 (GLOBE NEWSWIRE) -- AvidXchange, leading provider of AP automation and payment automation solutions for midsize companies, is offering a free webinar, "Banking on Efficiency" on Wednesday, July 10th at 2:00PM EDT. Nicole Biggins, Vice President and Treasurer for Watertown Savings Bank, will be sharing Watertown Savings Bank's story about transitioning from a paper-based AP process to an automated AP process. Improved efficiency was a key motivation for Watertown Savings Bank in their decision-making process, and they have experienced reduced operating expenses and the elimination of manual tasks associated with paper. In the webinar attendees will discover all of the new tasks that Watertown Savings Bank is able to do with the time freed by up by automation, and how the ability to perform high value tasks has impacted both their short-term and long-term success.

Biggins will be joined by Jonathan Land, Northeast Sales Manager for AvidXchange, on the webinar to discuss how Watertown's journey to paperless began. They will have active discussions about best practices for selecting a solution provider, how to get buy-in from everyone in your company about the decision to automate, and what the implementation process looks like with AvidXchange. Biggins will also share her complete automation experience with AvidXchange; from initial contact with her sale's representative, Jonathan Land, to her daily work life after implementation. Watertown knew that they could have a more efficient AP process, and could become more organized if they removed the paper from their invoice approval workflow. They just didn't know that they were only 45 days from an automated AP process that would address all of their problems. Now, they are ready to tell banks everywhere about how easy it is to get automated and how easy life is after automation.

Learn more and get registered: "Banking on Efficiency"

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 704.971.8106 jittenbach@avidxchange.com

Source: AvidXchange