AvidXchange announced its partnership with AppFolio. This partnership will provide customers in the real estate industry with a simple, streamlined workflow for automated invoice processing, approvals, and payments. AppFolio?s integration with AvidXchange will ensure that invoice details and transactions are all easily recorded in the accounting system of record (AppFolio) and that payment transaction data seamlessly passes to the AvidXchange payment solution for ease in automated payments.

Additionally, invoice details, including invoice images, will be easily searchable in AppFolio, reducing the need to manage critical transaction records across two systems. AvidXchange?s integration with AppFolio highlights the company?s commitment to forging application programming interface (API) partnerships and deep accounting integrations with leading enterprise resource planning (ERP) systems within existing and new target verticals. This partnership, planned to go live in 2024, also marks AvidXchange as the first AP partner in the AppFolio Stack? Marketplace, one of the fastest growing partner ecosystems offering everything from seamless software integrations to dedicated accounting and consulting services that help property managers streamline operations and scale their business.