2.10.7.2. AvidPay - Embedded Pay Control
With TimberScan and AvidPay,customers ranging from specialty contractors to commercial developers can manage the complete purchase-to-pay process in a single, comprehensive solution. From purchase order creation to vendor invoice receipt, approval and payment, the joint offering provides a consistent user experience, eliminates manual processing risks, and ends the relentless paper-chase that hampers timely invoice approval and payments to vendors. With TimberScan and AvidPay, users have total control over both committed and approved costs, as well as those not yet approved.
TimberScan customers also benefit from the AvidXchange Supplier Network, which includes existing relationships with over 500,000 suppliers. These connections minimize back-and-forth communication for construction firms, allowing decision-makers to focus on more strategic business objectives. The AvidXchange Supplier Network also helps to increase ePayment adoption, providing more rebates and enabling faster payment fulfillment for buyers.
