AvidXchange

AP and Payment Automation for the Middle Market.

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Overview

AvidXchange provides a comprehensive solution for automating the entire accounts payable process, from purchase order to payment. The platform is designed for middle-market companies and offers features like invoice capture, approval workflows, and a large supplier network for electronic payments. They have a strong focus on specific industries like real estate, construction, and financial services.

✨ Key Features

  • AP Automation
  • Purchase Order Automation
  • Invoice Management
  • Bill Payment Automation
  • Supplier Network (AvidPay Network)
  • Industry-specific solutions

🎯 Key Differentiators

  • Large supplier network for e-payments.
  • Deep expertise and tailored solutions for specific industries.
  • Combination of software and service for invoice processing.

Unique Value: Delivers a complete, end-to-end AP automation and payment solution with deep industry expertise, helping mid-market companies transform their payables process.

🎯 Use Cases (4)

Automating high volumes of invoices and payments for mid-sized companies. Streamlining AP processes in specific industries like real estate or construction. Reducing paper and manual data entry in the AP department. Mitigating payment fraud through secure electronic payments.

✅ Best For

  • Mid-market AP automation
  • Industry-specific AP solutions (Real Estate, HOA, Construction)

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Small businesses with low invoice volume.
  • Companies looking for an integrated AR solution.

🏆 Alternatives

BILL Tipalti Stampli

Offers more industry-specific workflows and a larger B2B payment network compared to more generic SMB solutions.

💻 Platforms

Web API

🔌 Integrations

Over 220 integrations with leading accounting and ERP systems, including NetSuite, Sage Intacct, QuickBooks, and MRI Software.

🛟 Support Options

  • ✓ Email Support
  • ✓ Phone Support
  • ✓ Dedicated Support (All tier)

🔒 Compliance & Security

✓ SOC 2 ✓ GDPR ✓ SSO ✓ SOC 1 Type 2 ✓ SOC 2 Type 2 ✓ PCI DSS Level 1

💰 Pricing

Contact for pricing
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