Angelic Gibson, CIO of AvidXchange, is Actively Building a Pipeline for the Next Generation of Technology Talent, Both Inside and Outside the Business

In times gone by, invoices would sit on desks or wait in email inboxes for approval. This is when accounts payable (AP) automation software plays a major role.  It enables easier management of invoicing and payment processing through a single digital platform. It can provide clearer visibility and increased control over both financial processes and data collection.

Angelic Gibson (CIO) and her company AvidXchange are empowering change in the accounts payable (AP) automation software sector and are ascending to new heights. The company was founded with an aim to provide easy payment solutions for middle market businesses and their suppliers. AvidXchange’s software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 7,000 businesses and it has made payments to more than 700,000 supplier customers of its buyers over the last five years.

Making Accounts Payable Automation Process Simple with Robust Solutions

AvidInvoice: It is automated invoice management software that streamlines your entire invoice process while matching your current approval workflows. Users can receive, track, and approve invoices in the workflow they follow today, but without the inefficiencies and paper. They can also use OCR technology to reduce manual data entry and errors, and save valuable time for AP team. Users can easily gain more visibility and control by checking invoice statuses from anywhere, anytime on any device.

Bill Payment Software: Get your suppliers paid faster than ever with AvidPay, its automated bill payment software that lets you make 100 percent of your bill payments electronically. Make fast and secure B2B bill payments to suppliers, backed by the company’s huge supplier network. Users can also create custom workflows with 24/7 visibility into bill payment status and approvals. With this software, the users can reduce bill payment processing costs by eliminating check printing, envelopes, postage and time spent following up on uncashed checks. Simply put, your company’s accounting system remains your system of record, and you will receive files with all the automated payment information your company needs for reconciliation of your B2B bill payments. You and your suppliers will love AvidXchange’s software, services and an industry-leading payment network.

Purchase Order Automation Software: Reduce unapproved purchases, coding errors and unnecessary delays in your PO process with AvidBuy – AvidXchange’s purchase order software solution. AvidXchange’s purchase order application is a comprehensive, web-based solution that enables you to automate your company’s purchase order process and better control costs and prevent unwanted purchases. Combine the purchase order software with AvidXchange’s invoice automation solution to match the purchase order with the invoice to create a seamless process when data is exported to your trusted accounting system. The purchase order application standardizes purchasing patterns while keeping track of purchasers and products for effective spending and saving.

Utility Bill Automated Payment Processing: AvidUtility consumption analytics provides comprehensive controls, utility bill management, reporting and payment features for greater control of utility costs and invoice management. AvidXchange’s automated consumption analytics and payment processing solution reduces the burden of receiving, capturing, and paying utility invoices from your payables staff, freeing up time and saving your business money. The utility bill management solution helps organizations manage cash flow and utility spend with greater accuracy and efficiency. It provides detailed data that allows you to track key utility metrics so you can make projections on spending and budget, see discrepancies related to incorrect billing and determine if there are vast differences in usage patterns.

The Visionary Leader behind AxidXchange’s Success

Angelic Gibson has spent over 20 years in Information Technology, in a number of leadership positions. She joined AvidXchange in 2018. Prior to joining AvidXchange, she held the position of Senior Vice President, Information Technology at Technekes.

Over the course of two decades, Angelic gained deep experience in enterprise technology systems, as well as management practices supporting databases, networks, telecommunications, and infrastructure. She has built and supported business intelligence platforms, has extensive cloud computing strategic insight, and a solid track record of success in balancing operational efficiencies with business development and growth.

“We’re the ones who believe there’s a faster, more efficient way for middle-market businesses to process invoices and make payments; and who, as your ally, want to liberate your AP from all that paperwork that’s slowing down your business and costing you money.”