Core associates llc

Core Associates LLC: A Comprehensive Guide to the Company and Its Products

Core Associates LLC is a leading provider of software solutions for the construction industry. The company has been in operation for over 20 years, providing innovative solutions that help businesses streamline their operations and improve their bottom line. In this article, we will take a closer look at Core Associates LLC, its products, and how they can benefit your business.

About Core Associates LLC

Founded in 1999 by Markham McKnight, Core Associates LLC has grown to become one of the most trusted names in construction software. The company's mission is to provide innovative solutions that help businesses increase efficiency and profitability while reducing costs.

Over the years, Core Associates has developed a reputation for delivering high-quality products that are easy to use and highly effective. The company's flagship product suite is TimberScan - an accounts payable automation solution designed specifically for the construction industry.

In addition to TimberScan, Core Associates also offers several other software solutions designed to meet the unique needs of construction businesses. These include:

- Comdata Virtual Payment Mastercard Integration

- Sage 300 CRE Integration

- QuickBooks Integration

- Viewpoint Vista Integration

Each of these products is designed to work seamlessly with TimberScan or as standalone solutions depending on your business needs.

The Acquisition by AvidXchange

In 2020, AvidXchange announced its acquisition of Core Associates LLC and its TimberScan product suite. This move was seen as a significant step forward for both companies as it allowed them to combine their expertise and resources in order to deliver even more value to customers.

AvidXchange is a leading provider of accounts payable automation solutions with over 6,000 customers across North America. By acquiring Core Associates LLC and its TimberScan product suite, AvidXchange was able to expand its offerings into new markets while also strengthening its position in existing ones.

What Is TimberScan?

TimberScan is an accounts payable automation solution designed specifically for the construction industry. It streamlines invoice processing by automating data entry tasks such as coding invoices with job cost information or GL codes based on predefined rules set up within your accounting system (Sage 300 CRE or Viewpoint Vista).

With TimberScan you can:

- Eliminate manual data entry errors

- Reduce processing time from days down hours

- Improve visibility into invoice status

- Increase accuracy through automated approval workflows

- Gain control over cash flow

TimberScan integrates seamlessly with popular accounting systems like Sage 300 CRE or Viewpoint Vista so you can easily manage all aspects of your AP process from one central location.

Comdata Virtual Payment Mastercard Integration

Comdata Virtual Payment Mastercard integration allows you pay vendors electronically without having them submit invoices directly into your accounting system (Sage 300 CRE or Viewpoint Vista). This means no more paper checks! You simply send payments via email which are then processed through Comdata’s secure payment network using virtual credit cards issued on behalf of your business account(s).

This integration provides several benefits including:

1) Reduced risk associated with paper checks.

2) Improved cash flow management.

3) Increased security through virtual credit card numbers.

4) Streamlined payment processes resulting in faster payments.

5) Enhanced vendor relationships due improved payment terms offered by Comdata’s network partners.

Sage 300 CRE Integration

The Sage integration allows users access all financial information related projects within Sage directly from within Timberscan interface eliminating need switch between two different applications when managing project finances . With this integration users have ability view project budgets , actuals , commitments , change orders etc.. all from one place .

QuickBooks Integration

Quickbooks integration allows users import vendor invoices directly into Timberscan eliminating need manually enter data twice . Users can also export approved invoices back out Quickbooks once they have been paid .

Viewpoint Vista Integration

ViewPoint vista integration provides similar functionality as sage but instead focuses on integrating financial information related projects managed using viewpoint vista . With this integration users have ability view project budgets , actuals , commitments , change orders etc.. all from one place .

Why Choose Core Associate's Products?

There are many reasons why you should consider choosing Core Associate's products if you're looking for ways improve efficiency reduce costs increase profitability :

1) Industry-specific focus: All our products are tailored specifically towards meeting unique needs faced by companies operating within Construction Industry .

2) Proven track record : Our flagship product Timberscan has been used successfully thousands companies across North America since it was first introduced back in late nineties .

3) Seamless integrations : Our integrations allow our clients manage entire AP process without ever leaving single application .

4 ) Exceptional customer support : We pride ourselves providing exceptional customer support every step way ensuring our clients always get most out their investment .

Conclusion

Core Associate's acquisition by AvidxChange marks significant milestone both companies history . Together they will be able offer even more value customers than either could alone thanks combined expertise resources . If you're looking ways improve efficiency reduce costs increase profitability then consider choosing any number core associate 's products today !