CINC Systems has introduced Payables+, a new AI-powered accounts payable solution designed to automate and simplify financial operations for the community association management (CAM) sector. Announced from Duluth, Georgia, the launch marks a significant expansion of the company’s financial technology capabilities.
Payables+ combines artificial intelligence, automated invoice capture, ledger coding, and integrated electronic payments into a unified workflow. Built to reduce manual intervention and mitigate errors or fraud risks, the platform aims to eliminate common back-office inefficiencies that often slow growing CAM organizations.
The solution integrates CINC’s proprietary Cephai+ AI engine with digital payment functionality powered by AvidXchange, enabling end-to-end invoice processing and vendor payment execution within a single system. Finance teams gain real-time visibility into payables activity while leveraging automated workflows that enhance compliance and accuracy.
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Beyond operational efficiency, Payables+ also introduces a revenue-generating opportunity through digital payment transactions. By shifting accounts payable from a cost-heavy administrative function to a potential profit contributor, CINC positions the product as both a productivity and margin enhancement tool.
As competition intensifies in the CAM market, firms are under pressure to scale without proportionally increasing headcount. Payables+ addresses this challenge by automating invoice ingestion, coding, and payment distribution, freeing finance professionals to focus on strategic tasks rather than repetitive data entry.
Bryan Chan of Neighborhood Community Management highlighted the practical benefits: “Payables+ seamless integration with the rest of CINC’s software platform and AvidXchange’s industry leading payments platform means end-to-end workflow benefits. We used to review and code each of our invoices manually and then send checks to vendors. Now all we do is verify that each invoice has been coded accurately and pay our vendors electronically with a click of a button, saving us so much time.”
CINC Systems CEO Ryan Davis underscored strong early demand, stating, “Payables+ addresses our clients’ most frequent AI use case- paying vendors efficiently and safely every day. We’re already seeing enormous client interest in Payables+ based on the product’s operational benefits and attractive economics for both top- and bottom-lines.”
