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AvidXchange

AvidXchange

Streamline your AP process with AvidXchange.

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What is AvidXchange?

AvidXchange is an Accounts Payable Automation Software that streamlines the AP process and provides a centralized, secure, paperless environment for all of your business transactions and documents. It provides a configurable accounts payable automation solution that supports user-friendly, paperless invoice and contract management. It is flexible and works with small business clients as well as global corporations.

Customer Type

  • Large Enterprises

  • Medium Business

  • Small Business

Platform Type

  • SaaS/Web/Cloud

AvidXchange software demo

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AvidXchange was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.

AvidXchange is best suited for

  • employee count

    Employee count: 200 - 5000 employees

  • industries

    Industries: Real Estate, Property Management, Construction, Financial Services, Banking, Healthcare, Nonprofit, SaaS, Consulting

  • Job titles

    Job Titles: Accounts Payable Specialists, Finance Managers, Controllers, CFOs, Accounting Managers, Financial Analysts

Benefits of using AvidXchange

  • With AvidXchange, you can streamline your accounts payable processes, greatly reducing manual data entry and tedious paperwork, freeing your team for more strategic tasks.

  • It significantly improves payment accuracy and reduces costly errors by automating invoice matching and approval workflows—saving your organization valuable time and resources.

  • You'll gain real-time visibility into your financial transactions, empowering administrators and executives with better insights for informed decision-making.

AvidXchange Features

Features Score:

Explanation of AvidXchange Key Features

  • 1-on-1 Meetings

    The 1-on-1 Meetings feature within AvidXchange streamlines the process of scheduling, managing, and documenting individual meetings between managers and team members. With this functionality, managers can easily set recurring or one-time meetings directly within the platform, ensuring consistency and clarity in communication. It includes built-in agenda-setting tools, note-taking capabilities, and follow-up action tracking, allowing both managers and employees to clearly outline expectations and document progress over time. This feature addresses the common business challenge of ineffective communication and lack of clear documentation in individual meetings. By facilitating structured conversations and maintaining organized records of each meeting, it ensures accountability, promotes transparency, and improves employee engagement. Ultimately, it helps managers stay informed about their team's progress, resolve issues promptly, and keep individual contributors aligned with organizational goals.

AvidXchange Pricing

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Free Trial

  • Not available

AvidXchange Pricing

  • Offers free forever plan

Pricing Model

  • Freemium

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Why users might consider alternative to AvidXchange?

  • Users might seek alternatives if they require more flexible customization options or advanced integrations beyond what AvidXchange offers, to better match their specific workflows and software environment.

  • Companies could consider alternatives if they find AvidXchange’s pricing structure not aligning with their budget constraints or prefer more transparent and predictable cost models.

  • Organizations may look elsewhere if they experience challenges with AvidXchange’s customer support responsiveness and prefer vendors known for quicker, more personalized assistance.

  • Businesses might explore other solutions if they need more intuitive, user-friendly interfaces or enhanced training resources to streamline adoption across their teams.

  • Users may evaluate alternatives when seeking additional features or capabilities, such as expanded international payment options or advanced reporting tools, beyond those currently provided by AvidXchange.

AvidXchange Reviews & Ratings

4.3

Very Good

Based on 153 ratings & 50 reviews

Rating Distribution

Excellent

(50)

Very Good

(0)

Good

(0)

Poor

(0)

Terible

(0)

Expert's Review

AvidXchange has established itself as an invaluable tool for streamlining accounts payable processes, earning a reputation for efficiency, ease of use, and its ability to make payment management less cumbersome for businesses. Users consistently praise the platform’s intuitive interface, which simplifies crucial tasks like invoice tracking, approvals, and status ...Read more

AvidXchange pros and cons

  • Streamlines and automates invoice processing, reducing manual effort and paperwork.

  • Easy-to-navigate interface, making it user-friendly for both experienced and new users.

  • Enables quick searching and tracking of invoices and payments, improving organization and visibility.

  • Provides transparency by allowing users and vendors to monitor payment statuses and history.

  • Payment process delays due to mailing checks and unclear tracking mechanism for vendors.

  • Customer support response times can be slow, with users seeking more dedicated contacts for specific issues.

User Review

AU

Anonymous User

01/11/24

5 out of 5

"Avid has helped streamline our processes."

What do you like best about AvidXchange? I love how easy it is to find an invoice and all the history about it when researching. The workflows are ...

Read more

EH

Ella H

01/11/24

5 out of 5

"API site data exchange sync and process review from real estate financial accounting"

What do you like best about AvidXchange? the comments section, which helps to document follow up and approval progress. the system is well designed ...

Read more

AU

Anonymous User

06/13/23

5 out of 5

"Very sufficient and organized"

What do you like best about AvidXchange? Works great and efficient, great way to keep track of invoices and approvals! What do you dislike about ...

Read more

AU

Anonymous User

06/12/23

5 out of 5

"Great to Use"

What do you like best about AvidXchange? Love the ability to check the status of invoices. What do you dislike about AvidXchange? Bugs on Avid cause ...

Read more

AvidXchange Integrations

AvidXchange Support

Contact

800.560.9305

Customer Service

Business Hours

Online

Location

Charlotte, NC - 28206

Frequently Asked Questions (FAQs)

Stuck on something? We're here to help with all the questions and answers in one place.

AvidXchange is a AP Automation Software. AvidXchange offers and many more functionalities.

Some top alternatives to AvidXchange includes Precoro, APXPRESS, Paypool, SutiAP and Enverus OpenInvoice.

No, AvidXchange doesn't provide API.

No, AvidXchange doesn't provide mobile app.

AvidXchange is located in Charlotte, NC - 28206

AvidXchange offers Freemium pricing model

Yes, AvidXchange can integrate with Quickbooks

The starting price is not disclosed by AvidXchange. You can visit AvidXchange pricing page to get the latest pricing.

This software is researched and edited by

Rajat Gupta is the founder of Spotsaas, where he reviews and compares software tools that help businesses work smarter. Over the past two years, he has analyzed thousands of products across CRM, HR, AI, and finance — combining real-world research with a strong foundation in commerce and the CFA program. He's especially curious about AI, automation, and the future of work tech. Outside of SpotSaaS, you'll find him on a badminton court or tracking the stock market.