AvidXchange is a reliable accounts payable (AP) automated solution to streamline business efficiency, visibility, and control throughout the AP process. With several features for invoicing, analytics, utility, and other services, AvidXchange efficiently digitizes the whole process of invoice and payment. Transform your business’s AP and payment processing with AvidXchange today.

AvidXchange Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

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What Is AvidXchange?

Overview

AvidXchange offers comprehensive accounts payable software solutions accompanied by streamlining AP and payment processes. By replacing manual AP with a digital application suite, AvidXchange provides 24/7 on-demand remote access. Their invoice management solutions automate every step, from data entry to approvals, document management, and reporting. Businesses can leverage AvidXchange to enhance efficiency, accuracy, and visibility in their financial operations.

AvidXchange Pricing

Depending on a business's specific requirements and size, AvidXchange cost varies for each business. You can get a personalized price quote of AvidXchange for your business.

AvidXchange Integrations

AvidXchange software integrates with various third-party applications, including:

Schedule a free Watch Demo to learn more about its integrations.

Who Is AvidXchange For?

It benefits a range of industries, including:

  • Real estate
  • Healthcare
  • Hospitality
  • Media
  • Technology and software
  • Construction
  • Financial services

Is AvidXchange Right For You?

If you’re looking for reliable AP software, AvidXchange might be an ideal choice for you. It offers powerful AP automation functionalities, ease of use, security, and configurability. It has become a popular choice among B2B companies for managing their accounts payable and receivable processes, making it a suitable option for businesses transitioning from manual to automated operations.

Still not sure about AvidXchange? Contact us at (661) 384-7070 to help you make the right decision.

AvidXchange Features

This feature streamlines and automates the whole accounts payable process, allowing businesses to efficiently manage invoice processing, approval workflows, and payment disbursements.

how it worksSee How It Works

With AvidXchange, businesses can gain better control and visibility over their cash flow. It provides tools for forecasting, cash position monitoring, and cash flow analysis, enabling users to make informed financial decisions.

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The software helps businesses effectively manage their spending. It offers different modules, such as purchase order creation, vendor management, and expense tracking, to allow enterprises to monitor and control their spending activities.

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AvidXchange simplifies and streamlines the billing process. It enables businesses to generate accurate and professional invoices, set up recurring billing, and manage customer billing cycles efficiently.

how it worksSee How It Works

It supports various payment methods, including electronic payments, checks, and virtual cards. Payment processing becomes simple, improving accuracy and ensuring timely payment disbursements.

how it worksSee How It Works

Pros and Cons of AvidXchange

Pros

  • Higher configuration feasibility
  • Seamless invoice processing
  • Extensive data analysis
  • Multiple integrations

Cons

  • Reporting could be improved, as per AvidXchange reviews
  • Intermittent pay delays during workloads

AvidXchange Reviews

Overall Rating

4.3

46 Reviews

Rating Distribution

5

star

(30)

4

star

(8)

3

star

(4)

2

star

(2)

1

star

(2)

June 2024

AvidXchange

Georgiana

Warehousing

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

I love the ease of using Avid. It is simple to upload invoices and approve them within the system.

Cons

When I first started using AvidXchange over 2 years ago, it took me some time to learn the system as a new user.

May 2024

Accounting Time Saver!

Ally

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

Pros

Avid makes it very easy for me to pay invoices. I can download them to a queue and input all the necessary information. Reviewing the invoice and clicking submit is all it takes. This saves me a significant amount of time per invoice.

Cons

I have a dislike for the capture system. If an invoice is flagged as a duplicate incorrectly, there is no easy way to proceed with processing it.

April 2024

A Great Accounting Solution

Lapio

Telecommunications

Ease of use

10

Value for money

10

Customer Support

9

Functionality

9

Pros

The software provides excellent invoice processing capabilities and includes helpful finance and accounting features.

Cons

I have never encountered any issues while using AvidXchange. It has been helpful.

April 2024

A great program to have!

Shana

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

The ease of use is what I loved about Avid. The learning curve is minimal, and the invoicing process is efficient from start to finish. It gets the job done, and I would highly recommend this program to anyone in need of invoice processing software.

Cons

Sometimes, searching for the status of an invoice can be challenging. In my experience, searching by name alone has not always been sufficient when I lack further information. I would suggest adding a shortcut for invoice searches.

March 2024

Easy to use

Ariela

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Learning and using the program was not a time consuming or complex process. Even as a part-time team member, I was able to grasp the program with minimal assistance. Everything is self explanatory and user friendly.

Cons

As someone who processes invoices, I have not come across anything that I dislike about the program.

March 2024

A must for Payables

Claudia

Accounting

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

The functions within Avid are helpful for approving invoices.

Cons

It can be difficult to keep track of duplicate invoices.

March 2024

Accounts Payable

Jean

Real Estate

Ease of use

10

Value for money

7

Customer Support

7

Functionality

10

Pros

Working with the accounts payable area of AVID is simple and easy.

Cons

Determining the type of payment a vendor signed up for and who made the decision within their organization (requiring name, phone number, email and position) is challenging.

March 2024

User Friendly

Shaun

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Avid is user-friendly and aids in tracking invoices and ensuring vendors send their invoices.

Cons

The software freezes several times during a session which causes delays in completing tasks within Avid.

February 2024

Avid - Consistent Year After Year

Jennifer

Real Estate

Ease of use

7

Value for money

8

Customer Support

8

Functionality

7

Pros

I have been using Avid for bill pay services and invoice processing for many years. I also like the fact that they do not frequently change the website which would require constant retraining with every update. Its a dependable and reliable solution for my profession.

Cons

Sometimes searching for invoices can be a bit challenging.

February 2024

AVID Review - Julie Kinghorn

Julie

Real Estate

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

The software is highly user-friendly and there is very little I would change about it.

Cons

I would like to have the option to run reports with specific information only. The downloaded spreadsheets for reviewing invoice history contain repetitive columns and columns without data.

Frequently Asked Questions

AvidXchanges pricing depends on a business’s size and requirements. Get a custom price quote for your business.