CINC Systems Unveils Payables+ AI-Powered Accounts Payable Solution
New CAM solution automates invoice ingestion, ledger coding, digital vendor payments
Additionally, Payables+ offers its users the ability to generate incremental revenue with digital payment transactions. This enables community association management companies to transform accounts payable from a pure cost center into a high-margin revenue operation.
With mounting expectations for operational efficiency in a competitive CAM market, Payables+ automated invoice ingestion, coding, and payments provides CAM companies the ability to grow without proportional increases in staffing. Consolidating AP automation, intelligence, and payment execution into one seamless experience, CINC Systems helps finance leaders refocus talent on higher value work.
Payables+ couples CINC's proprietary Cephai+ AI functionality with electronic payment capabilities powered by AvidXchange, unifying invoice processing and vendor payments from start to finish on a single platform. Users have real-time visibility and can leverage automated workflows to strengthen accuracy, compliance, and minimize risk exposure.
CINC Systems' CEO
To learn more about Payables+, register here for CINC's Payables+ webinar on
About CINC Systems
Since 2005, CINC Systems has been the largest and most innovative technology partner to community association management companies, powering more than 50,000 communities and more than 6 million doors.
Its single, integrated, AI-powered platform unifies accounting, banking, operations, and resident engagement across all community types—from single-family homes and condominiums to high-rises and lifestyle communities. Backed by Hg Capital and Spectrum Equity, CINC empowers management companies to deliver exceptional service and stronger financial outcomes. For more information, visit www.cincsystems.com.
About AvidXchange
AvidXchange is a leading provider in accounts payable (AP) automation, offering intelligent AP software and payment solutions specifically designed for mid-market businesses and their suppliers. With 25 years of industry experience, AvidXchange modernizes the way businesses manage their expenses and payments by offering AI-enhanced software coupled with support from experts. Empowering over 8,500 growth-driven businesses, AvidXchange increases efficiency, control, and visibility in financial operations and has securely processed payments to more than 1.3 million suppliers through its proprietary payment network over the past five years. Additionally, AvidXchange is a licensed money transmitter for B2B payments in
View original content to download multimedia:https://www.prnewswire.com/news-releases/cinc-systems-unveils-payables-ai-powered-accounts-payable-solution-302698610.html
SOURCE CINC Systems
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- EQT Corporation Schedules Second Quarter 2026 Earnings Release and Conference Call
- REVER Launches Million Mile Challenge Supporting Pediatric Brain Tumor Foundation
- Ryan Specialty to Announce Second Quarter 2026 Financial Results on Thursday, July 30, 2026
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
Spectrum EquitySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share