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AvidXchange

Tekpon Score
8.4

AvidXchange Reviews

& Product Details

What is AvidXchange?

AvidXchange offers advanced accounts payable automation software designed to streamline and enhance the financial processes of businesses across various industries. This platform automates the entire invoice-to-payment process, facilitating seamless electronic invoice capture, approval workflows, and payment executions.

Key features include integration with leading ERP systems, access to a vast network of suppliers, and the ability to handle complex payment transactions securely.

The primary benefits of using AvidXchange are improved operational efficiencies, enhanced visibility and control over financial transactions, and the reduction of paper-based processes, which in turn minimizes the risk of payment fraud.

Businesses typically use AvidXchange to handle supplier payments, manage spending, and automate routine accounting tasks, enabling staff to focus on more strategic financial management roles. This makes it particularly suitable for industries like real estate, healthcare, and construction, where managing numerous transactions efficiently and securely is crucial.

Best For

Leader in automating accounts payable for the middle market.
  • StartUps
  • Freelancers
  • Small Business
  • Medium Business
  • Large Enterprise
  • Non-profit Organization
  • Personal
  • Cloud, SaaS, Web-Based
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Company Name

    AvidXchange, Inc.

  • Located In

    United States

  • Website

    avidxchange.com

Starting from:

Custom

Pricing Model: Subscription

  • Free Trial
  • Free Version

Pricing Details:

AvidXchange is not publicly available. Interested users can book a demo on their website to receive a quote adapted to their business needs.

  • ACH Payment Processing
  • API
  • Accounts Payable
  • Accounts Receivable
  • Approval Process Control
  • Approval Workflow
  • Bank Reconciliation
  • Billing & Invoicing
  • Billing Portal
  • Budgeting/Forecasting
  • Cash Management
  • Check Writing
  • Compliance Management
  • Credit Card Processing
  • Document Management
  • Electronic Funds Transfer
  • Electronic Payments
  • Expense Tracking
  • Fraud Detection
  • General Ledger
  • Invoice Creation
  • Invoice History
  • Invoice Management
  • Invoice Processing
  • Multi-Currency
  • Online Invoicing
  • PO Reconciliation
  • Payment Processing
  • Purchase Order Management
  • Purchasing & Receiving
  • Receipt Management
  • Reimbursement Management
  • Reporting/Analytics
  • Status Tracking
  • Third-Party Integrations
  • Time & Expense Tracking
  • Vendor Management
  • Workflow Management

Additional Features

  • Contact Management
  • Supplier Management
  • Fixed Asset Management
  • Multi-Location
  • Spend Control
  • Reporting & Statistics
  • Spend Analysis
  • Recurring/Subscription Billing
  • Project Billing
  • Requisition Management
  • Credit Card Management
  • Ad hoc Reporting
  • Online Payments
  • For Property Managers
  • Payroll Management
  • Customizable Reports
  • Contact Database
  • Configurable Workflow
  • Mobile Payments
  • Audit Trail
  • Inventory Management
  • Lease Management
  • Alerts/Notifications
  • Accounting Integration
  • Tenant Management
  • Property Database
  • Payment Processing Services Integration
  • Financial Reporting
  • Data Security
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