SS&C's SKYLINE Real Estate Software Partners with AvidXchange

Windsor, CT - 21 October 2009

SS&C Technologies, Inc. (www.ssctech.com), a global provider of financial services software and software-enabled services, today announced a strategic partnership of its SKYLINE real estate software, a comprehensive real estate system designed for effective management of all property types, with AvidXchange, a web-based invoice management system provider. AvidXchange's accounts payable document management process has been seamlessly integrated directly into SKYLINE real estate software allowing property managers to adopt an effective paperless accounts payable process.

"We are excited about the strategic partnership that we have formed with AvidXchange and are confident that this alliance will have a major impact on our client base," said Sean Egan, Senior Vice President, SS&C Technologies, Inc. "In this challenging economy, real estate property management companies are looking to achieve maximum efficiency in their operations and the superior capabilities of SKYLINE and AvidXchange systems, working together, can help to achieve that goal.”

"AvidXchange looks forward to a close working relationship with SKYLINE," said Michael Praeger, Chief Executive Officer, AvidXchange. "We are confident that the SKYLINE client base will recognize the power of the AvidXchange system and its abilities to add visibility to all invoice documents while providing invoice approvers with features that allow them to quickly approve or dispute invoices, saving both time and money."

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