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Stock impact report

Automation Drives Higher Career Satisfaction for Accounts Payable Professionals, New Survey Reveals

AvidXchange Holdings, Inc. (AVDX) 
NASDAQ:AMEX Investor Relations: ir.avantdiagnostics.com
Company Research Source: GlobeNewswire
CHARLOTTE, N.C., Oct. 17, 2024 (GLOBE NEWSWIRE) -- In today’s fast-paced business environment, more and more finance departments are beginning to turn to automation to improve efficiency and job satisfaction. As automation continues to transform the landscape of financial operations, new data suggests that accounts payable (AP) professionals with a higher degree of automation are benefiting both in their careers and lifestyles. According to a new survey conducted by the Institute of Finance and Management (IOFM), in partnership with AvidXchange, more than 500 AP professionals across various industries revealed that greater automation within AP departments is linked to improved job satisfaction, healthier work/life balance, and more opportunities to work on strategic initiatives to advance their careers. Career and Lifestyle Satisfaction Based on the survey results, higher levels of automation are correlated with higher career satisfaction and growth opportunities. The Show less Read more
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