MRI Software Embraces AvidXchange to Boost up their Payment Automation Process

By CIOReview | Thursday, March 17, 2016

CLEVELAND, OH: MRI Software has adopted AvidXchange as its modern payment automation solutions. MRI Software is known as a global provider of property and investment management solutions, will be implementing AvidXchange‘s Accounts Payable and Payment Automation solutions. The solutions will   empower MRI Software’s payment automation procedures through “MRI Vendor Pay powered by AvidXchange”. It assists the company’s clients to entirely automate their payment portal and eliminate the paper checks. The partnership is an extension to their previous alliance which saw them serving automated processes across 200 joint enterprise clients nationwide.

“MRI is excited to expand on its longstanding partnership with AvidXchange, and bring an innovative payment solution to our clients. It builds on the value that AvidXchange already delivers to many of our customers today, and further streamlines key property management payment processes,” says Patrick Ghilani, CEO, MRI Software.

AvidXchange  stands ahead to its fellow contemporaries with its unique and game changing paying methods that include automating invoices for middle market companies such as real estate, financial services, energy, and construction. It offers vendors to experience easy automating functionalities through the developed Accounts Payable and Payment Automation solutions. The company’s improved solutions delivers AvidBill Services to securely automate vendor’s invoices and receipts procedures by submitting 100% invoices electronically through varieties of methods. Its MRI Vendor Pay solution provides all necessary supports on automated payment procedures. Linked up with more than 25 US banks, it additionally deployed networks with more than 300,000 vendors.  

“The evolution of our payment offering and collaboration with MRI to deliver this ‘built inside’ experience for ‘MRI Vendor Pay powered by AvidXchange’ speaks volumes about the value that we’ve had the honor of delivering to MRI users for over ten years and the expansion of our partnership is another great milestone in the decade long relationship we’ve fostered with MRI.  Together we will facilitate a superior customer experience for current, and future, shared client,” says Michael Praeger, CEO and Co-Founder, AvidXchange.