Price

$5000

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AvidXchange REVIEW

Accounting & Finance Software

No user reviews
USER SATISFACTION 86%
OUR SCORE 8.0

What is AvidXchange?

AvidXchange is a system that helps companies pay their bills easily. Currently, it serves more than 5,500 clients throughout North America, helping them to automate invoice and payment processes for midmarket companies spanning multiple industries including Construction, Nonprofit, Energy, Financial Services, and Real Estate. It is one of the fastest-growing private companies in the Charlotte, NC area.

You can use AvidXchange’s AP and Payment Automation to eliminate 100% of paper invoices and checks from your AP process, get rid of filing cabinets, lower processing costs by 60% or more, get real-time access to invoices and reports, eliminate manual tasks like data entry, and grow your company without hiring more employees.

It’s easy to pay your bills with AvidXchange’s Accounts Payable System. You can automate your bill pay process with electronic invoice capture, automated payments, and intelligent approvals to minimize costs, boost productivity, and eliminate paper. The automated bill pay solutions have been successfully deployed across multiple industries.

Overview of AvidXchange Benefits

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.

Overview of AvidXchange Features

  • Spend Management
  • Purchasing
  • General Ledger
  • Cash Management
  • Billing & Invoicing
  • Bank Reconciliation
  • Accounts Receivable
  • Accounts Payable

AvidXchange Position In Our Categories

Position of AvidXchange in our main categories:

200

AvidXchange is one of the top 200 Accounting & Finance Software products

200

AvidXchange is one of the top 200
Accounting & Finance Software products


AvidXchange is also listed in the following subcategories:

Category:Position:Category:Position:
Accounts Payable Software#24 Billing and Invoicing Software#57
Category:Position:
Accounts Payable Software#24
Billing and Invoicing Software#57

There are well-liked and widely used applications in each software group. But are they necessarily the best fit for your enterprise’s special needs? A trendy software solution may have thousands of customers, but does it offer what you need? For this reason, do not blindly spend on popular systems. Read at least a few AvidXchange reviews and consider the aspects that you desire in the software such as the price, main functionality, available integrations etc. Then, shortlist a few solutions that fit your requirements. Try out the free trials of these platforms, read online opinions, get clarifications from the seller, and do your research systematically. This exhaustive research is sure to aid you select the best software solution for your organization’s special requirements.

How Much Does AvidXchange Cost?

AvidXchange Pricing Plans:

AvidInvoice offers a single 45-Day Implementation Package which costs $5000. Here are the details:

  • The vendor offers implementation services associated with enterprise pricing in order to automate your bill pay process in 45 days or less.
  • Examine existing processes
  • Dedicate internal resources
  • Answer questions and provide feedback
  • The company’s project managers and project specialists plan and oversee automating the way you pay bills with AvidInvoice.
  • Your project plan includes configuration sessions, process templates, and a complete training program for your staff.

User Satisfaction

We realize that when you make a decision to buy Accounting & Finance 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.

POSITIVE SOCIAL MENTIONS

14

NEGATIVE SOCIAL MENTIONS

2

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Technical details

Devices Supported
  • Windows
  • Mac
  • Web-based
Language Support
  • USA
  • International
Pricing Model
  • One-time payment
  • Quote-based
Customer Types
  • Small Business
  • Medium Business
Deployment
  • Cloud Hosted

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE NO.
  • LIVE SUPPORT
  • TRAINING

What are AvidXchange pricing details?

AvidXchange Pricing Plans:

AvidInvoice offers a single 45-Day Implementation Package which costs $5000. Here are the details:

  • The vendor offers implementation services associated with enterprise pricing in order to automate your bill pay process in 45 days or less.
  • Examine existing processes
  • Dedicate internal resources
  • Answer questions and provide feedback
  • The company’s project managers and project specialists plan and oversee automating the way you pay bills with AvidInvoice.
  • Your project plan includes configuration sessions, process templates, and a complete training program for your staff.

What integrations are available for AvidXchange?

AvidXchange integrates smoothly with the following accounting systems:

  • Abila
  • AccountMate
  • Acumatica
  • AMSI
  • BankTel
  • BJ Murray
  • Blackbaud
  • Caliber Software
  • CenterSoft
  • ComputerEase
  • CTI
  • Data Plus
  • Deltek Vision
  • Entrata
  • FinancialForce
  • Fiserv
  • Harland
  • Home Grown Systems
  • Hotel InvestorApps
  • Integrated Business Systems
  • Intacct
  • Oracle JD Edwards
  • Jenark
  • Lawson
  • MDS
  • Microsoft Dynamics
  • MRI Software
  • NetSuite
  • Open Systems Inc.
  • Oracle
  • Oracle Peoplesoft Enterprise
  • QuickBooks
  • Realpage
  • Rent Manager
  • Sage
  • SAP
  • SS&C Skyline
  • SOS Corporation
  • SouthWare
  • Spectrum
  • TOPS Software
  • Viewpoint
  • Yardi

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