In the DAC News Desk Interview, John Siefert chats with Chris Elmore, Senior Sales Performance Director with AvidXchange. Together, they discuss the AP Automation category growth, define Creative Destruction, emphasize how organizations should be applying new tech in their business, and how AvidxChange has grown exponentially in midst of the Covid-19 Pandemic.
About AvidxChange: AvidXchange is the industry leader in automating invoice and payment processes for mid-market businesses. Founded in the year 2000, AvidXchange processes over $140 billion transactions annually across its network of more than 680,000 suppliers, transforming the way 6,000 customers in North America pay their bills.
1:09: The Buzz about AP Automation
3:36: Where organizations go wrong with applying new tech to their business
5:05: A common complaint: businesses purchase new tech but “it doesn’t work out”
7:28: Acceleration Economy: tech is only as good as the people it serves, its impact, and purpose.
13:36: Creative Destruction: new innovation may eliminate tasks, but new jobs will prevail.
16:05: Human + Artificial Intelligence: addressing the fear that people will become replaced by robots
23:39: The driver behind AvidxChange’s organizational growth during Covid-19.
To request a Discovery Call with Chris and his team at AvidxChange, click HERE!
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