www.avidxchange.com
Open in
urlscan Pro
141.193.213.20
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URL:
https://www.avidxchange.com/customer-stories/swanson-russell/
Submission: On November 07 via automatic, source links-suspicious — Scanned from DE
Submission: On November 07 via automatic, source links-suspicious — Scanned from DE
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SWANSON RUSSELL MAXIMIZES PAYMENT VISIBILITY AND CONTROL
May 7, 2024
SWANSON RUSSELL
> “We are a dynamic environment dedicated to providing client value, and that
> goes for our accounting process as well. By automating and streamlining our
> payment operations with AvidXchange, we have made that process better, faster
> and easier. That is a great thing. Ultimately, AvidXchange's media solution
> was the best fit for our business because it offered greater flexibility than
> our existing solution and was developed to meet the specific needs of our
> industry.”
>
> Mike Babel, Senior Vice President and Director of Finance
The Company The Challenge The Solution
Swanson Russell
Swanson Russell is a full-service marketing communications and advertising
agency that focuses on six key industries: outdoor recreation, green/turf,
agribusiness, healthcare, construction and regional. For decades, it’s built
lasting and authentic connections between brands and their audiences that have
developed into award-winning campaigns.
Swanson Russell needed a partner to help accelerate its payments process so it
could continue to grow its offerings and scale operations accordingly.
Originally, Swanson Russell chose to partner with American Express, however, it
suffered low payment acceptance rates and lack of visibility into transactions
across the payment workflow.
Facing time-consuming reconciliations and daily obstacles, the finance team
required a solution that could handle a high volume of payments specific to the
complex media industry.
Since AvidXchange’s media solution is designed to manage the unique requirements
of media payments while also handling a range of other payables, Swanson Russell
immediately recognized an improvement after making the transition. With
AvidXchange, the company gained visibility and control over its media payments,
resulting in effective cash management, higher payment acceptance rates, an
increase in revenue share and an improved workflow.
Learn More About AvidXchange
DISCOVER EXPERT INSIGHTS
Unlock the secrets of thriving media finance teams. Discover pro tips, trends
and success stories that empower your finance and accounting departments.
Read More
Read Media Expert Insights
MORE CUSTOMER STOREIS
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June 4, 2024
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May 28, 2024
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May 24, 2024
CONSTRUCTION FIRM ENSURES LEAN OPERATIONS WITH AVIDXCHANGE
May 17, 2024
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May 10, 2024
ADVERTISING AGENCY CUTS PAYMENT PROCESSING TIME BY 90%
May 9, 2024
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