Net 30

2024 is set to be a pivotal year in the media industry due to significant events such as a Presidential election and the Olympics, viewers migrating to streaming platforms amid a content drought from the 2023 writers’ strike, and media giants embracing interactive content through VR and the Metaverse.  Digitization will fuel innovation, efficiency and audience targeting with data analytics, while many agencies are navigating what to do with client requests for extended payment terms.  In this episode, AvidXchange’s host Chris Elmore and guest Theresa Contario, AvidXchange’s vice president and business line executive, media, and a former media planner, discuss how you can navigate the evolving media landscape in 2024 to achieve your goals by discussing three main trends:  Advertisers shifting to digital    Data becomes critical Requests for extended payment terms  Host: ⁠Chris Elmore⁠, Chief Evangelist at AvidXchange  Guest: ⁠Theresa Contario⁠, AvidXchange’s Vice President and Business Line Executive, Media  Related Reading:   ⁠Media Forecast 2024⁠  ⁠Media Predictions for 2024⁠  ⁠AI for Media: 7 Powerful Applications⁠  This episode was originally published on 4/5/2024. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. Learn More: ⁠Request a Demo⁠  Follow AvidXchange on ⁠LinkedIn⁠ & ⁠Instagram⁠  “Net 30” is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation’s role. 

Effectively managing busy times of the year is crucial for accounting professionals to ensure timely payments, maintain accurate records and avoid costly errors.  By planning ahead, prioritizing tasks and utilizing technology, accounts payable (AP) pros can navigate peak periods efficiently and maintain a smooth workflow throughout the year.    In this episode, AvidXchange’s host Chris Elmore and guest Chris Perry, account executive, real estate at AvidXchange and a former controller, discuss how to prepare for:  Month-end and year-end closings    Tax and audit season   Budgeting season   Holidays, PTO and work-life balance    Host: ⁠Chris Elmore⁠, Chief Evangelist at AvidXchange  Guest: ⁠Chris Perry⁠, Account Executive, Real Estate, AvidXchange   Related Reading:   ⁠7 Tips for a Smooth Year-End Close⁠  ⁠More Sun, Less Burnout: Encourage Team PTO This Summer⁠  ⁠CFO Best Practices for 2024 and Beyond⁠  This episode was originally published on 3/22/2024. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. Learn More: ⁠Request a Demo⁠  Follow AvidXchange on ⁠LinkedIn⁠ & ⁠Instagram⁠  “Net 30” is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation’s role. 

Finance professionals are focusing on new ways to help their businesses boost productivity, grow faster, do more with less and stay competitive. A great place to start is by understanding the basics of accounts payable (AP) processes and the role automation can play.  Wondering, “What is AP automation?” Need an AP Automation 101 course? You’ve come to the right place. In this episode we’re going back to basics, explaining what AP automation is, how it differs from manual AP processes and what benefits AP departments can expect from automating.  AvidXchange’s host Chris Elmore and guest Rhonda Greene, principal solutions consultant at AvidXchange and a former AP manager, answer the following questions:  What are traditional vs. modern AP processes?    What are the benefits of AP automation?   What questions should companies ask before automating AP?    Host: ⁠Chris Elmore⁠, Chief Evangelist, AvidXchange  Guest: ⁠Rhonda Greene⁠, Principal Solutions Consultant, AvidXchange  Related Reading: ⁠Mastering Fundamentals of AP Automation⁠  This episode was originally published on 3/1/2024. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. Learn More: ⁠Request a Demo⁠  Follow AvidXchange on ⁠LinkedIn⁠ & ⁠Instagram⁠  “Net 30” is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation’s role.

In ⁠Part 1⁠ of our AI podcast series, we talked about the basics of AI – defining the different types and applications in which accounts payable (AP) departments are using AI. In ⁠Part 2⁠, we dove a little deeper to discuss the state of AI in finance departments.  In our final installment of our AI podcast series, we debunk some of the common misconceptions about AI based on AvidXchange’s “2024 Trends” survey of 500 finance executives at middle market companies conducted in September 2023. We also dive into how AI is transforming AP processes.  AvidXchange’s host Chris Elmore and guest David Tareen, senior director of product marketing at AvidXchange, answer the following questions:  What are the common misconceptions about AI in AP?   How is AI revolutionizing AP processes?   Is AI right for your organization?    Host: ⁠Chris Elmore⁠, Chief Evangelist at AvidXchange  Guest: ⁠David Tareen⁠, Senior Director of Product Marketing at AvidXchange    Want to learn more about AI in AP? Download our exclusive report: ⁠The Ultimate Guide to AI in Finance⁠  This episode was originally published on 2/9/2024. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content.   Want to learn more about AvidXchange? - ⁠Request a Demo⁠    Follow AvidXchange on ⁠LinkedIn⁠ & ⁠Instagram⁠    “Net 30” is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation’s role. 

In our ⁠last episode⁠, we talked about the basics of AI – defining the different types and applications in which accounts payable (AP) departments are using AI. In this episode, we’ll dive a little bit deeper and talk about the state of AI in finance teams based on AvidXchange’s “2024 Trends” survey. We surveyed 500 finance executives at middle market companies in September 2023 to understand how their organizations are using AI.  AvidXchange’s host Chris Elmore discussed the following topics with guest David Tareen, senior director of product marketing at AvidXchange:  Whether or not finance pros are embracing AI    The most popular AI use cases within finance departments   How organizations are supporting staff through the AI revolution  And more!    Host: ⁠Chris Elmore⁠, Chief Evangelist at AvidXchange  Guest: ⁠David Tareen⁠, Senior Director of Product Marketing at AvidXchange    Read More: ⁠The Ultimate Guide to AI in Finance⁠  This episode was originally published on 1/29/2024. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content.   ⁠Request a Demo⁠    Follow AvidXchange on ⁠LinkedIn⁠ & ⁠Instagram⁠    “Net 30” is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation’s role.

It may feel like you can’t escape talk about artificial intelligence (AI) these days.    AI is a powerful technology that can help finance departments create efficiencies and streamline processes. Many teams are using it to augment human capabilities, empowering better decision-making, improving outcomes and delivering more value for their organizations.    But before we get too far into the details of AI, let’s talk about the fundamentals of AI. In this episode, AvidXchange's host Chris Elmore discussed the following topics with guest David Tareen, senior director of product marketing at AvidXchange:  The different types of AI tools   The different use cases within finance and AP teams   The potential hesitations surrounding AI and factors to consider within your organization    Host: ⁠Chris Elmore⁠, Chief Evangelist at AvidXchange  Guest: ⁠David Tareen⁠, Senior Director of Product Marketing at AvidXchange    Read More: ⁠The Ultimate Guide to AI in Finance⁠  This episode was originally published on 1/11/2024. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content.   ⁠Request a Demo⁠    Follow AvidXchange on ⁠LinkedIn⁠ & ⁠Instagram⁠    "Net 30" is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation's role. 

Accounts payable (AP) is a challenging job that demands professionals to juggle numerous tasks simultaneously, from data entry to account reconciliation to monthly reporting. Our recent ⁠AP Career Satisfaction Survey⁠, conducted in partnership with the ⁠Institute of Finance & Management⁠ (IOFM), found that a majority (51%) of AP professionals are “very” or “extremely” satisfied with their current role. Yet those who work in departments with outdated technology and a reliance on manual processes feel less positive towards their organization.   In this episode, AvidXchange's host Chris Elmore discussed the results of this survey with Jeanne Dion of ⁠SAP Concur⁠. With decades of AP experience between the two, they shared insights and anecdotes about the importance of, and challenges faced in the AP role.   Host: ⁠Chris Elmore⁠, Chief Evangelist at AvidXchange Guest: ⁠Jeanne Dion⁠, Vice President of Value Experience Group at ⁠⁠SAP Concur⁠ READ MORE: ⁠9 Stats That Define the Modern AP Professional⁠ Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ This episode was originally published on 12/14/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. ⁠Request a demo⁠ "Net 30" is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation's role.

In Part 2 of our digital skills gap conversation, AP experts Chris Elmore and Gary Larson take a deeper dive into how finance teams are using technology to improve processes and why it’s beneficial for AP professionals to learn new digital skills.   Host: ⁠Chris Elmore⁠, Chief Evangelist at AvidXchange Guest: ⁠Gary Larson⁠, Director of Growth Readiness at AvidXchange READ MORE: ⁠Closing Digital Skills Gap Propels Finance Transformation⁠ This episode was originally published on 11/30/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. ⁠Request a demo⁠ Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ "Net 30" is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation's role.

AvidXchange surveyed 500 finance executives at mid-market companies to learn about their priorities and plans for 2024 in September 2023. In this episode, host Chris Elmore led a discussion that summarized the findings. Elmore invited David Tareen, senior director of product marketing, and Gary Larson, director of growth readiness, to share their reactions to the survey findings and add insights. The three key trends the group chatted about were:  Artificial intelligence (AI)  Remote and hybrid work  Data analytics   Host: ⁠Chris Elmore⁠, Chief Evangelist at AvidXchange Guest: ⁠David Tareen⁠, Senior Director of Product Marketing at AvidXchange Guest: ⁠Gary Larson⁠, Director of Growth Readiness at AvidXchange Read More: ⁠5 Business Trends Shaping Financial Services in 2024⁠ This episode was originally published on 11/20/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. ⁠Request a Demo⁠ Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ "Net 30" is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation's role.

It’s harder than ever for small businesses to secure the financing they need to operate. Interest rates are the highest they’ve been in decades and banks are tightening lending standards. Small businesses are feeling the crunch as inflation drives up prices and supply chain challenges persist.  In this episode, host Chris Elmore welcomes AvidXchange's Rebecca Hughes and Jon Reed to the show to discuss traditional and alternative small business financing options and how to choose the method that works best for your circumstances. Host: ⁠Chris Elmore⁠, Chief Evangelist at AvidXchange Guest: ⁠Rebecca Hughes⁠, Vice President of Product at AvidXchange Guest: ⁠Jon Reed⁠, Senior Manager of Supplier Growth at AvidXchange If this conversation has piqued your interest in the invoice factoring solution discussed today, please contact us at 980-414-5401.  This episode was originally published on 9/28/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ "Net 30" is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation's role.

Host Chris Elmore, AvidXchange’s chief evangelist, and Rhonda Greene, AvidXchange’s principal solutions consultant, discussed the digital skills gap many accounts payable (AP) departments are experiencing today. Elmore and Greene have decades of experience in AP and corporate finance. On this podcast, they shared details about how AP has changed over the years, how teams are using technology to improve processes and why it’s beneficial for AP professionals to learn new digital skills. Host: ⁠Chris Elmore⁠, AvidXchange Guest: ⁠Rhonda Greene⁠, AvidXchange READ MORE: ⁠Closing Digital Skills Gap Propels Finance Transformation⁠ This episode was originally published on 9/14/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. ⁠Request a demo⁠ Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ "Net 30" is a podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation's role.

Host Jarrett Tran, senior account executive, Community Association Management at AvidXchange and Maegan Woytek, a senior account executive at ⁠Vantaca⁠, discuss the findings of AvidXchange’s recent survey conducted with the ⁠Community Associations Institute⁠ (CAI) on the challenges and priorities of today’s community association management companies. Both Tran and Woytek have worked as community association managers, bringing decades of experience to their current roles. Now, they help businesses in the industry implement technology to effectively streamline and scale operations. Listen to this episode to find out the top community association management challenges in 2023 and the priorities companies are setting. Host: ⁠Jarrett Tran⁠, AvidXchange Guest: ⁠Maegan Woytek⁠, Vantaca This episode was originally published on 8/17/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content.   READ MORE: ⁠Digital Upskilling for Community Association Management⁠   ⁠Request a demo⁠ Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠   "Middle Market Report" is a podcast series by AvidXchange that dives into micro and macro trends impacting major sectors of the middle market.

Host Chris Elmore welcomes AvidXchange’s Becky Hughes and Jamal Harvey into the studio to discuss the work AvidXchange is doing to empower the modern, tech-enabled supplier.  Jamal talks about the interactions his team has with thousands of businesses each day, and Becky explains how those conversations influence the development of innovative products that increase cash flow visibility for vendors. Host: ⁠⁠Chris Elmore⁠⁠ Guests: ⁠Becky Hughes⁠ & ⁠Jamal Harvey⁠ Producer: ⁠⁠Travis Durkee⁠⁠ ⁠Click here⁠ to learn more about how AvidXchange supports suppliers This episode was originally published on 3/23/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. ⁠⁠Click here⁠⁠ for more thought leadership content from AvidXchange ⁠⁠Request a demo⁠⁠  Follow AvidXchange on ⁠⁠Instagram⁠⁠ & ⁠⁠LinkedIn⁠⁠ "Net 30" is a monthly podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation's role.

The construction industry has been one of the hardest pressed in recent years. From a lack of skilled labor to supply chain hiccups, construction leaders face some daunting challenges. As we look forward, we invited Allen Overturf, the CFO of ⁠Welsh Construction⁠, and Jim Campbell, AvidXchange’s business line executive, construction, to discuss the state of the industry. Overturf has steered financial operations within construction companies for more than 25 years. And Campbell is AvidXchange’s “eyes and ears” in the construction industry. Host:  ⁠Travis Durkee⁠, AvidXchange Guests:  ⁠Jim Campbell⁠, AvidXchange & ⁠Allen Overturf⁠, Welsh Construction Producer: Travis Durkee READ MORE: ⁠Construction Industry Insights⁠ This episode was originally published on 3/16/2023. Please subscribe to The Power of Change podcast for our most recent podcast content. ⁠Request a demo⁠ Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ "Middle Market Report" is a monthly podcast series by AvidXchange that dives into micro and macro trends impacting major sectors of the middle market.

How is the middle market holding up through inflation and fears of a recession? Actually, pretty well. Doug Farren of the National Center for the Middle Market joins the show to discuss the center's latest Middle Market Indicator report, which surveys 1,000 C-suite executives from middle market companies on everything from revenue to employment to economic confidence. This discussion shines a light on a vital portion of the U.S. economy as the middle market represents nearly 20,000 U.S. businesses, one-third of private sector GDP and around 48 million members of the country’s workforce. Host: ⁠Travis Durkee⁠, AvidXchange Guests: ⁠Doug Farren⁠, Managing Director, National Center for the Middle Market Producer: Travis Durkee ⁠Click here⁠ for more thought leadership insight from AvidXchange This episode was originally published on 3/7/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. ⁠Request a demo⁠ Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ "Middle Market Report" is a new monthly podcast series by AvidXchange that dives into micro and macro trends impacting major sectors of the middle market.

Host Chris Elmore welcomes AvidXchange’s Rhonda Greene and Chris Perry into the studio to discuss the growing importance of advanced data and analytics in accounts payable department and how the right data can help a business make the right decisions at the right time.  Host: ⁠Chris Elmore⁠ Guests: ⁠Rhonda Greene⁠ & ⁠Chris Perry⁠ Producer: ⁠Travis Durkee⁠ ⁠Click here⁠ for more thought leadership content from AvidXchange This episode was originally published on 3/6/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. ⁠Request a demo⁠  Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ "Net 30" is a new monthly podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation's role.

It's time to tackle three pervasive trends happening right now in the community association management industry. We're talking about everything from staffing to software with AvidXchange's own Jarrett Tran, someone who saw just about everything in nearly 20 years as a community manager, and Chris Millner, the head of product management for ⁠CINC Systems⁠, an all-in-one integrated banking, accounting and association management solution. Host: ⁠Travis Durkee⁠, AvidXchange Guests: ⁠Jarrett Tran⁠, AvidXchange & ⁠Chris Millner⁠, CINC Systems Producer: Travis Durkee READ MORE: ⁠3 Community Association Management Trends Impacting AP Staff in 2023⁠ This episode was originally published on 1/17/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest podcast content. ⁠Request a demo⁠ Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ "Middle Market Report" is a new monthly podcast series by AvidXchange that dives into micro and macro trends impacting major sectors of the middle market.

Host Chris Elmore welcomes AvidXchange’s Rhonda Greene and Gary Larson into the studio to unpack ongoing trends in the American workplace that could have a major impact on accounts payable teams in 2023. Host: ⁠Chris Elmore⁠ Guests: ⁠Rhonda Greene⁠ & ⁠Gary Larson⁠ Producer: ⁠Travis Durkee⁠ ⁠Click here⁠ for more thought leadership content from AvidXchange This episode was originally published on 1/17/2023. Please subscribe to ⁠The Power of Change⁠ podcast for our newest  podcast content. ⁠Request a demo⁠ Follow AvidXchange on ⁠Instagram⁠ & ⁠LinkedIn⁠ "Net 30" is a new monthly podcast series from AvidXchange that offers a detailed look at the problems and solutions impacting the careers of finance professionals with a focus on AP automation's role.