AvidXchange

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Accounts Payable Automation Software

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SoftwareWorld Editorial Review

Why SoftwareWorld Chooses AvidXchange

"Accounts payable teams that handle a high volume of invoices often find AvidXchange a practical fit for their daily work. Automating invoice processing helps reduce the time staff spend on manual data entry and paper-based approvals. It works well for mid-sized businesses that need better visibility into payment workflows and want to move away from check-heavy processes. That said, very small businesses with low invoice volumes may find the platform more than they actually need."
Decision Snapshot

AvidXchange Evaluation Snapshot

Review the most important product facts, official access information, and SoftwareWorld’s page-level trust standards in one place.

User Rating4.5 / 5
Starting PriceContact Vendor
Free TrialNot available
Free VersionNot available
APINot available
DeploymentCloud Hosted
HeadquartersUnited States
✎
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Product Overview

AvidXchange Overview

Product description, media, company details, support, training, deployment, customer size, languages, and industries.

About AvidXchange

AvidXchange is a leading cloud-based account payable automation platform. It simplifies invoice and payment processes, helping businesses save time and reduce errors. With user-friendly features, it streamlines approvals and provides a centralized platform for managing vendor payments. AvidXchange integrates seamlessly with various accounting systems, enhancing overall efficiency. The platform's automation capabilities eliminate manual data entry, minimizing the risk of mistakes. It offers real-time insights into financial workflows, enabling better control and visibility. AvidXchange's secure and scalable solution is designed to meet the diverse needs of businesses, from small enterprises to large corporations, making it a versatile tool for optimizing accounts payable operations.
Company AvidXchange
Founded 2000
Headquarters United States
Employees 1000+

Support

Email Phone Chat Knowledge Base

Training

In-person Webinar Documentation

Licensing & Deployment

Proprietary Cloud Hosted Web-Based Windows

Typical Customers

Small-Business Midsize-Business Large-Enterprise-Business
Languages Supported 1 language available
English
Industries Served 8 industries available
Construction Financial Services Higher Education Hospital & Health Care Hospitality Medical Device Non-profit Organization Management Real Estate

Why Choose AvidXchange

Problem it Solves

  • Problem it Solves Streamlining Accounts Payable And Invoice Management For Businesses

Target Users

  • Target Users Accounts Payable Managers
  • Target Users Financial Controllers
  • Target Users CFOs
  • Target Users Procurement Officers
  • Target Users Small To Medium Business Owners

Core Use Case

  • Core Use Case Automate Invoice Processing
  • Core Use Case Streamline Payment Workflows
  • Core Use Case Enhance Supplier Management
  • Core Use Case Improve Financial Reporting
  • Core Use Case Ensure Compliance And Security

USP

  • USP Streamline Your Accounts Payable With Automated Efficiency

Pros

  • Pros AP automation built specifically for mid-market companies
  • Pros Handles invoice processing end-to-end without manual data entry
  • Pros Payment network covers 700000+ suppliers already enrolled
  • Pros Approval workflows adapt to existing business rules without heavy IT
  • Pros Real-time visibility into invoice status reduces "where's my payment" calls
  • Pros Connects with 200+ accounting systems including Sage and MRI
  • Pros Eliminates paper checks, cutting fraud risk and mailing costs
  • Pros Audit trails are detailed enough to satisfy external auditors easily

Cons

  • Cons Approval workflows can feel rigid when handling complex multi-step processes
  • Cons Smaller teams may find the platform heavier than their needs
  • Cons Reporting flexibility falls short for finance teams wanting deeper insights
  • Cons Onboarding takes meaningful time before the system runs smoothly
Editorial Buyer Guidance

Who Is AvidXchange Best For?

Review the buyer problem, target users, practical use cases, and product differentiator identified by the SoftwareWorld review team.

Problem It Solves

Streamlining Accounts Payable And Invoice Management For Businesses

Target Users

  • Accounts Payable Managers
  • Financial Controllers
  • CFOs
  • Procurement Officers
  • Small To Medium Business Owners

Core Use Cases

  • Automate Invoice Processing
  • Streamline Payment Workflows
  • Enhance Supplier Management
  • Improve Financial Reporting
  • Ensure Compliance And Security

Unique Selling Point

Streamline Your Accounts Payable With Automated Efficiency

Strengths and Limitations

AvidXchange Pros & Cons

Consider the practical advantages and limitations identified through SoftwareWorld's product assessment.

+

Pros

  • AP automation built specifically for mid-market companies
  • Handles invoice processing end-to-end without manual data entry
  • Payment network covers 700000+ suppliers already enrolled
  • Approval workflows adapt to existing business rules without heavy IT
  • Real-time visibility into invoice status reduces "where's my payment" calls
  • Connects with 200+ accounting systems including Sage and MRI
  • Eliminates paper checks, cutting fraud risk and mailing costs
  • Audit trails are detailed enough to satisfy external auditors easily
!

Cons

  • Approval workflows can feel rigid when handling complex multi-step processes
  • Smaller teams may find the platform heavier than their needs
  • Reporting flexibility falls short for finance teams wanting deeper insights
  • Onboarding takes meaningful time before the system runs smoothly
Category-Based Capabilities

AvidXchange Features

Each category combines the selected software category, its category-specific description, and the features assigned to that category.

Accounts Payable Software 18 selected features Open category ↗ ⌄
Invoice Processing Approval Process Control Electronic Payments Vendor Management Expense Tracking Tax Calculation Compliance Management Fraud Detection Document Management Multi-Currency Receipt Management ACH Payment Processing Recurring Payments Duplicate Payment Alert Purchase Order Management PO Reconciliation Supplier Management Artificial Intelligence
Accounting Software 19 selected features Open category ↗ ⌄
General Ledger Accounts Payable Accounts Receivable Bank Reconciliation Billing and Invoicing Expense Tracking Financial Reporting Budgeting and Forecasting Income & Balance Sheet Inventory Management Fixed Asset Management Fund Accounting Multi-Currency Tax Management Payroll Management Subscription Billing Project Accounting Compliance Management Artificial Intelligence
Billing and Invoicing Software 19 selected features Open category ↗ ⌄
Mobile Payments Billing Portal Project Billing Tax Calculation Multi-Currency Reporting & Statistics Contact Database Third-Party Integrations Credit Card Processing Customizable Invoices Time & Expense Tracking Invoice Processing Reminders Payment Processing Document Management Hourly Billing Contingency Billing Quotes/Estimates Artificial Intelligence
Mobile Home Park Management Software 15 selected features Open category ↗ ⌄
Tenant Screening Maintenance Scheduling Tenant Portal Work Order Management Vendor Management Rent Tracking Reporting/Analytics Financial Management Task Management Electronic Payments Customizable Templates Calendar Management Accounting Workflow Management Artificial Intelligence
Payment Processing Software 20 selected features Open category ↗ ⌄
Electronic Signature Billing & Invoicing In-Person Payments Recurring/Subscription Billing Payment Fraud Prevention Payment Processing Data Security Electronic Payments Multiple Payment Options Payment Processing Services Integration Point of Sale (POS) Online Payments Reporting/Analytics Debit/Credit Card Processing ACH Payment Processing Mobile Payments PCI Compliance Third-Party Integrations Multi-Currency Artificial Intelligence
Procure to Pay Software 10 selected features Open category ↗ ⌄
Financial Reporting Vendor Management Integration Management Compliance Management Contract Lifecycle Management Budgeting/Forecasting Inventory Management Order Management Billing & Invoicing Artificial Intelligence
Property Management Software 14 selected features Open category ↗ ⌄
Accounting Credit Check Communication Management Online Payments Document Management Work Order Management Tenant Tracking Tenant Portal Tax Management Rent Tracking Rent Collection Listing Management Property Database Artificial Intelligence
Property Management Accounting Software 12 selected features Open category ↗ ⌄
Bank Reconciliation Accounts Payable Accounts Receivable Expense Tracking Tenant Portal Billing & Invoicing Rent Collection Owner Portal Rent Tracking Data Import/Export Transaction History Lease Management
Spend Management Software 11 selected features Open category ↗ ⌄
Spend Control Approval Workflow Procurement Management Prepaid Cards Spend Analysis Multi-Currency Receipt Management Budgeting/Forecasting Supplier Management Expense Tracking Artificial Intelligence
Connected Applications

AvidXchange Integrations

Integration information is displayed only when approved integration products are available on the profile.

Pricing Information

AvidXchange Pricing

Pricing type, currency, trial availability, payment frequency, destination links, and package-level starting prices.

Pricing Type Contact Vendor
Preferred Currency USD ($)
Free Trial Not available
Free Version Not available
Payment Frequency Not available
Verified User Feedback

AvidXchange Reviews

Approved reviews submitted through verified Google or LinkedIn reviewer accounts.

Write a AvidXchange Review ↗
4.5
Based on 7 approved reviews
5 stars 64%
4 stars 25%
3 stars 7%
2 stars 4%
1 star 0%
Anonymous reviewer
Anonymous Reviewer Accountant

AvidXchange Review

The interface feels intuitive, and the onboarding and training process is smooth and easy to follow. The document management system is especially helpful, making it simple to upload, organize, and quickly retrieve files whenever needed.

Reviewed on March, 2025
Katie Y
Katie Y President

Time Saving Software

Overall, this product has been a great fit for our business and saves us a lot of time at a very reasonable cost. We’re also able to pass that cost on to our customers, and it still ends up being cheaper than handling postage and mailing checks ourselves. On top of that, it integrates directly with our property management software, which makes everything even more convenient.

Reviewed on February, 2025
Alex Q
Alex Q Executive Director

Avidxchange helped us!

AvidXchange has helped our company cut costs and work much more efficiently. It allowed us to put better checks in place, work remotely without relying on physical paperwork, and offer electronic payment options that we didn’t have before.

Reviewed on February, 2025
Ash V
Ash V Assistant Manager

Enjoyed my experience with AvidXchange

I have worked with many different AP processing platforms, and this one has been by far the most reliable and easiest to use. I still have to use other systems, and I honestly dread it compared to when I know I’ll be working in Avid. I would confidently recommend this platform to anyone in my industry. Overall, I have truly enjoyed my experience with AvidXchange.

Reviewed on February, 2025
Leanne F
Leanne F Sales Director

Gamechanger for us

AvidXchange has been an excellent tool for making invoice coding fast and efficient. There’s no more need for manual coding or scanning like before. I love that I can email invoices directly and find them ready in the portal to quickly code and submit. It’s made the whole workflow smooth and has truly been a game changer for us.

Reviewed on October, 2024
Anonymous reviewer
Anonymous Reviewer GM

Avidxchange

AvidXchange is quick and simple to use once you get familiar with all its features. Uploading invoices is easy, and I like that I can track their status in the system from start to finish until everything is fully processed.

Reviewed on June, 2024
Carolyn G
Carolyn G Accountant

Room for improvement in support team

AvidXchange is a very good tool for handling payables, but when problems come up, working with the support team hasn’t been the best experience. I’ve thought about adding the payment processing feature, but I keep holding back because of the concerns I have with their customer support.

Reviewed on May, 2022
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Frequently Asked Questions

AvidXchange FAQs

Answers generated from approved profile information, selected options, packages, integrations, support, training, deployment, and devices.

AvidXchange is a leading cloud-based account payable automation platform. It simplifies invoice and payment processes, helping businesses save time and reduce errors. With user-friendly features, it streamlines approvals and provides a centralized platform for managing vendor payments. AvidXchange integrates seamlessly with various accounting systems, enhancing overall efficiency. The platform's automation capabilities eliminate manual data entry, minimizing the risk of mistakes. It offers real-time insights into financial workflows, enabling better control and visibility. AvidXchange's secure and scalable solution is designed to meet the diverse needs of businesses, from small enterprises to large corporations, making it a versatile tool for optimizing accounts payable operations.

  • No, AvidXchange does not offer a free version.

  • No, AvidXchange does not offer any free trial.

  • No, AvidXchange does not offer an API.

  • AvidXchange can be integrated with the following applications:

    • QuickBooks Online , NetSuite , Sage Intacct , Coupa , SAP Concur , Workday HCM , Emburse Chrome River Expense , BlackLine , Dynamics 365

  • AvidXchange offers support with the following options:
    • Email , Phone , Chat , Knowledge Base

  • AvidXchange offers training with the following options:
    • In-person , Webinar , Documentation

  • AvidXchange supports the following languages:
    • English

  • Following are the typical users of the AvidXchange:
    • Small-Business , Midsize-Business , Large-Enterprise-Business

  • AvidXchange supports the following deployment:
    • Cloud Hosted

  • AvidXchange supports the following devices and operating systems:
    • Web-Based , Windows
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