Accounts Payable Automation

Tony Mercurio

Hi. We are a small- to medium sized non-profit looking to automate some accounts payable processes. We are currently using self-hosted FE, but are planning to make the switch to NXT. We'd like to accomplish at least these three things: 1) go paperless for all invoices/receipts, 2) have an electronic system for accounting approvals (stop stamping invoices, and 3) automate or use AI for anything possible, that's actually useful. We are not looking for a purchasing solution - we really don't need very much in the way of purchasing approvals. What we need is on the accounts payable side. My initial research seems to show that AvidXchange might be a possible solution. Can anyone give me some guidance here?

Lisa Olscamp

@Tony Mercurio Much of what you are describing can be done within FE NXT. We set up an email address for our vendors to send electronic invoices to. The approvals can be done electronically. It is all a matter of setting up the workflow you need and training.

Olesya Taylor

@Tony Mercurio FE NXT/Expense Management will do everything you described. We implemented on October 1st. Everyone loves it.

Michelle Harper

@Lisa Olscamp can you direct me to where I can find more information on this? We are looking to make a change as well.