AvidXchange is a comprehensive accounts payable and bill payment solution trusted by over 5000 B2B companies across the United States. Created to eliminate paper invoices, automate lengthy payment processes, as well as reduce processing costs, this software is equipped with a full suite of tools as well as a highly configurable interface. With this, businesses from different industries ranging from real estate to finance can easily enjoy a personalized user experience that meshes well with their existing operational processes.
The platform currently consists of different modules that handle the different tasks involved in bill payments and accounts payable management: purchase order application, invoice application, and payment application. By leveraging these three functions, users can automate bill pay process with electronic invoice capture, automated payments, and intelligent approvals. This can also minimize costs, boost productivity, and eliminate paper with ease.
Thanks to AvidXchange, you can lower your AP and payment processing costs by 60% or more with automation. AP and payment automation eliminate the manual tasks associated with paper invoices and checks. Plus, you can automate your invoice capture, approval, and payment processes. Qualify for early payment discounts by reducing your invoice approval timeframe to as little as 2 to 3 days. Reduce audit costs and simplify audits with complete audit trails using electronic data available anytime, anywhere.
Productivity and scalability are also distinctive advantages of this system. You can streamline your AP and payment processes with automation, and eliminate repetitive and time-consuming tasks. Make opening and sorting invoices, manual data entry, waiting for interoffice mail or overnight courier for approvals, copying and scanning to archive, searching for lost or misplaced invoices, and fielding inquiry calls tasks of the past. Automated AP and payment processing is fast, easy to implement and secures all invoice and payment data behind an advanced firewall. Most importantly, you and your team can spend time growing the business and increasing profitability.
When it comes to paperless processing, AvidXchange guarantees that you can eliminate 100% of paper checks and invoices. Processing paper invoices and checks is time-consuming, costly, and dated. Change the way your company pays its bills by switching to an advanced paperless process. AvidXchange’s customers have reduced their processing time by 700%, cut their processing costs in half, and tripled their output without adding employees.
Finally, you can rely on 24/7 access and security – AvidXchange is one of the current leaders for managing paper or balancing servers takes employee time and operating budget to keep your payment process running smoothly. AvidXchange offers on demand, web-based invoice and payment automation. You have anytime, anywhere access from your browser. Security features include secure SSAE 16 Facility and backup procedures, 24/7 uptime, sophisticated disaster recovery procedures, and dedicated specialists to provide reliable support to your IT team.
Position of AvidXchange in our main categories:
AvidXchange is one of the 500
AvidXchange is also listed in the following subcategories:
|Accounts Payable Software||#35||Billing and Invoicing Software||#94|
|Accounts Payable Software||#35|
|Billing and Invoicing Software||#94|
It's essential to note that hardly any service in the Accounting Software category is an ideal solution that can meet all the requirements of all business types, sizes and industries. It may be a good idea to read a few AvidXchange reviews first as certain software can excel just in a really small group of applications or be prepared with a really specific type of industry in mind. Others may work with a goal of being simple and intuitive and as a result lack complicated functionalities desired by more experienced users. There are also software that support a broad group of customers and offer a rich feature set, however that usually comes at a higher cost of such a solution. Be certain that you're aware of your needs so that you pick a software that has exactly the functionalities you search for.
AvidXchange pricing is transaction-dependent and by quote
We realize that when you make a decision to buy Accounting Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and AvidXchange reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with AvidXchange. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.
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AvidXchange pricing is transaction-dependent and by quote
AvidXchange integrates smoothly with the following accounting systems:
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