About AvidXchange
AvidXchange offers accounts payable software solutions and dedicated service teams that help automate your AP and payment process, replacing manual AP with a digital application suite that provides you with 24/7 on-demand, remote access.
Our invoice management solutions automate every aspect of your process including data entry, approvals, document management and reporting. Once approved, invoices flow directly into your accounting system for payment processing.
AvidPay is our full-service bill payment software that enables you to securely pay vendors with a few quick clicks. Get your suppliers paid faster with flexible, managed payment options like Mastercard, AvidPay Direct (our Enhanced Direct Deposit option) or check.
AvidBuy is our purchase order software application that is a comprehensive, web-based solution enabling you to automate your company’s purchase order process and control costs by preventing unwanted purchases.
Key benefits of AvidXchange
Integrate with your existing accounting system
Increase visibility and optimize approvals of invoices and payments.
Securely pay suppliers and strengthen relationships.
Provide flexible payment options with checks, Mastercard or AvidPay Direct - our enhanced direct deposit option.
Control cash flow and minimize AP spend. Streamline workflows and AP processes.
Reduce risk of fraud through electronic management of sensitive supplier bank account data.
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Reviews
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- Industry: Real Estate
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- Likelihood to recommend 10.0 /10
Improves Organization and Speed Of Processing For Your Invoices!
Reviewed on 2022-04-27
I think the software is great and would recommend it especially to other property managers who...
I think the software is great and would recommend it especially to other property managers who would like to add speed and efficiency to their organization.
Pros
This software is easy to use, allows the user to add and group details pertaining to categorizing expenses for your budget. Timing for payments is key and the functions allow for time delay in processing and delivery of payments to vendors.
Cons
The only con I've found is searching for specific vendors at a particular property. The dropdown box doesn't always populate the vendor once the property is entered.
- Industry: Broadcast Media
- Company size: 201–500 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- Likelihood to recommend 7.0 /10
AvidXchange
Reviewed on 2021-08-31
I have been very happy with the product. It provides the options that we were looking for when...
I have been very happy with the product. It provides the options that we were looking for when considering purchase. We only utilize the purchasing, reports, and PO function. When choosing a product we were looking for something that could integrate with Microsoft GP. We did customize a number of things to fit our business and everyone at AvidXchange were great while working thru the process.
Pros
AvidXchange has helped streamline our invoice processing; to eliminate paper, and approval routing time. It provides the approving team access to see where it is in the approval/payment process and see payment information. By providing this information at their fingertips it saves us from receiving emails/phone calls looking for basic information. Overall the departments that use the system are very happy with having access to their invoices in one place.
Cons
The reporting system is cumbersome. I would like a report that would let me customize the detail I am looking for.
- Industry: Real Estate
- Company size: 11–50 Employees
- Used Weekly for 2+ years
-
Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 5.0 /10
Manage Your Complex Accounts Payable Processes
Reviewed on 2020-12-28
Overall, AvidXchange has been invaluable to our AP business processes. It integrates with our MRI...
Overall, AvidXchange has been invaluable to our AP business processes. It integrates with our MRI property management software, as well as Quickbooks, and provides a multi-layered and visible approach to our invoice submission, approval and payment processes.
Pros
Love the ability to search by multiple criteria, including invoice #, vendor name, entity, etc., as well as the ability to view images of the actual invoices themselves. You can also email other people from within Avid to get questions answered regarding an invoice and track those conversations in real time.
Cons
AvidXchange recently changed its UI, and not for the better. For one, when searching for invoices by vendor, Avid always loads results in order from oldest date to newest date which doesn't make much sense. As far as we know, there is no way to change that default. Additionally, the process for selecting multiple values in a search result (i.e. invoices for multiple entities by vendor) is very non-intuitive, as you used to be able to see what specific values were selected after having done so, rather than just seeing a quantity selected. It's a small detail, but very annoying.
- Industry: Government Administration
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- Likelihood to recommend 7.0 /10
Great Product but needs better support.
Reviewed on 2022-05-10
AvidXchange is a great software for payables processing however when you have issues the support...
AvidXchange is a great software for payables processing however when you have issues the support team is not great to work with, I have been considering adding the payment processing but keep hesitating because of poor support.
Pros
This product saved us from having to hire additional employees when we expanded. Saves me a lot of time and makes audits so much easier.
Cons
I feel like the reporting portion could be improved but overall a good system
Alternatives Considered
NexusPayables- Industry: Commercial Real Estate Software
- Company size: 51–200 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- Likelihood to recommend 10.0 /10
Very helpful and seemed like the most efficient and provided the most ways to obtain info.
Reviewed on 2017-09-16
Efficiency, workflow and fraud control, reduced data entry, centralized invoice processing and...
Efficiency, workflow and fraud control, reduced data entry, centralized invoice processing and accuracy.
Pros
Customer service, efficiency, data retainage, ease of finding invoices for vendors and auditors, fraud protection and frequent updates to correct any bugs that are found in the system.
Cons
That utility cutoff notices are placed in the statement queue and that you are not able to look up avengers invoice by the account number.
Response from AvidXchange
Hi Tonya,
Thanks for the great review!
I will pass on your feedback to our Utility team.
If you have any questions feel free to reach out to me personally: [email protected]
Thanks again!
AvidXchange FAQs
Below are some frequently asked questions for AvidXchange.Q. What type of pricing plans does AvidXchange offer?
AvidXchange offers the following pricing plans:
- Free Trial: Not Available
Please contact AvidXchange for pricing information.
Q. Who are the typical users of AvidXchange?
AvidXchange has the following typical customers:
2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does AvidXchange support?
AvidXchange supports the following languages:
English
Q. Does AvidXchange support mobile devices?
AvidXchange supports the following devices:
Q. What other apps does AvidXchange integrate with?
AvidXchange integrates with the following applications:
AccountMate, Acumatica Financial Suite, AppFolio Property Manager, Blackbaud CRM, Buildium, C3, CINC, CMiC, COINS, CTI, Clubessential, ComputerEase, Condo Manager, Data Plus, Dimensions RM, Dynamics 365, Dynamics 365 Business Central, Entrata, FinancialForce ERP, Foundation, INFO-Tracker, JD Edwards EnterpriseOne, Jenark Property Management, Jonas Club Management, Lawson S3 Financial Management, M3, MIP Fund Accounting, Microsoft Dynamics GP, Microsoft Dynamics SL, NetSuite, On Demand Accounting, Open Systems, Oracle PeopleSoft, ProContractor, Procore, Propertyware, QuickBooks, Quickbooks Online, Rabbet for Construction Lenders, RealPage, Rent Manager, ResMan, SAP Concur, SKYLINE, Sage 100 Contractor, Sage 300 Construction and Real Estate, Sage 500, Sage 50cloud Accounting, Sage Intacct, Smartwebs, Spectrum, VMS, Vantaca, ViewPoint, Viewpoint Team, Vista, Yardi Breeze, abcoa Deal Pack
Q. What level of support does AvidXchange offer?
AvidXchange offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base Software, Phone Support, Chat
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