LAFCU
Financial Services · United States
Challenge
Expensive outdated AP processes, Excel-based workflows, lack of monitoring process for outstanding invoices
Solution
Implemented AvidXchange cloud-based accounting suite with multiple modules and payment automation, integrated with MDT-hosted Symitar Episys
Results
Invoices move quickly through approval, better visibility into AP processes, accurate and updated reports for board
- Eliminated paper checks
- Improved visibility into outstanding invoices
- Faster payment processing