Integrations / MIP Fund Accounting

AP Automation for MIP Fund Accounting

AP automation made with MIP Fund Accounting users in mind.

Power your business with AvidSuite for MIP Fund Accounting and you can:

Go paperless in the processing of invoices and payments
Eliminate manual data entry and reduce errors
Set permissions and enforce your existing AP business rules
Save your AP team time and enable them to focus on more strategic and fulfilling work
Reduce operational costs within your AP process
Increase operational efficiencies and gain greater control over your AP workflow
Reduce fraud risk
Pay your suppliers faster, easier and more securely

Accounts Payable Automation for MIP Fund Accounting

We provide a seamless integration with MIP Fund Accounting for AP and payment automation. This allows you to incorporate an easier, faster and more secure way to process invoices and make payments, allowing you to focus on what matters – your mission.

Our out-of-the-box, seamless API integration, built on our revolutionary AvidConnect platform, enables automatic syncing of GL codes, vendor lists, invoices and payments between AvidSuite and MIP Fund Accounting. By fully automating your accounts payable, from invoice to payment, you can realize the time and cost savings around faster, more reliable and more secure payment processing.

Frequently Asked Questions

Do you integrate with MIP Fund Accounting?

Yes, we have a seamless API integration with both the on-prem and cloud versions of MIP Fund Accounting.

How long does implementation take?

Our dedicated onboarding teams will help you go live in as little as 45 days. While we’ll work with your unique needs and schedule, we’ve developed a timeline that works for most companies, designed to get you up and running without draining your time or sanity. The onboarding timeline is divided into five phases, guiding you from business requirements scoping to configuration and testing, all the way through full adoption. It includes software implementation and onboarding tasks like change management, supplier communication and adapting to forecast volumes.

How do my invoices get into AvidXchange?

We start by notifying your suppliers to send their paper invoices to a PO Box set up on your behalf, as well as submit their invoices to an email address established for you. Our invoice ingestion service then takes all of your invoices, converting any paper invoices to an electronic format, and posts them to your AvidXchange portal.