AvidXchange

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AvidXchange
Score 8.8 out of 10
N/A
AvidXchange is an automated bill payment system.
$5,000
per license
Pricing
AvidXchange
Editions & Modules
AvidXchange
5,000
per license
Offerings
Pricing Offerings
AvidXchange
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeNo setup fee
Additional Details—
More Pricing Information
Community Pulse
AvidXchange
Considered Both Products
AvidXchange
Chose AvidXchange
We are presently evaluating a move to Concur Invoice, not because of any real lack of functionality from AvidXchange, but simply because we have other business functions already on Concur Invoice. From what we have seen so far, the functionality is similar, though I believe Conc…
Chose AvidXchange
I haven't use any other products.
Chose AvidXchange
We use concur for our credit card processing and looked at using them for invoices. Overall, we picked [AvidXchange] based on the timeline on which they process invoices and how they are quick to index and quick to print checks.
Chose AvidXchange
SIRE became bogged down over time, began having more downtime, worked slower than expected, and had stopped advancing the development of its features. As such, we had to find an alternative. For our size (not small and not big), we needed something which got narrowed down to …
Chose AvidXchange
AvidXchange is the first automated AP system we've implemented within our company.
Chose AvidXchange
At the time we moved to AvidXchange; CSI did not have the full functionality of processing invoice for payment. We only utilized them for specific vendor who took payments via virtual credit card. All invoices were processed in house by our AP Department.
Chose AvidXchange
No comparison. Our national company recommends a small selection of A/P modules that integrate with our MRI accounting software. When the decision was made, it was a no-brainer to select AvidXchange, due to my prior knowledge and experience.
Chose AvidXchange
I have not used any other program to compare with AvidXchange.
Chose AvidXchange
I have only used one other product like AvidXchange. It was solely owned by a former employer that designed and implemented in-house. It was similar, however it was unable to run reports. I do like AvidXchange much better.
Chose AvidXchange
I have not used another product like AvidXchange.
Top Pros
Top Cons
Best Alternatives
AvidXchange
Small Businesses
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Score 9.7 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Enterprises
Webexpenses
Webexpenses
Score 8.4 out of 10
All AlternativesView all alternatives
User Ratings
AvidXchange
Likelihood to Recommend
9.0
(18 ratings)
Likelihood to Renew
8.2
(5 ratings)
Usability
8.2
(1 ratings)
Availability
9.0
(1 ratings)
Performance
8.0
(1 ratings)
Support Rating
8.2
(2 ratings)
Implementation Rating
7.3
(1 ratings)
User Testimonials
AvidXchange
Likelihood to Recommend
AvidXchange
AvidXchange is well suited for companies with multiple locations where approvals may be hard to get directly. A user can log on when they have time basically from anywhere to review, code and approve invoices. This would allow for processing of invoices centrally more efficiently then with appear invoices being moved from one place to another to be processed
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Pros
AvidXchange
  • Our contractors and vendors can submit invoices electronically through AvidBill, removing the tedious task of sorting and coding mail. This feature saves on time and administrative duties.
  • Communication is key, and being able to log a comment or question in AvidInvoice allows for clarification and expedited approval process.
  • Having multiple properties, having the Property Code and % Allocation features allow us to ensure the correct entity is charged it's portion of expenses. For example, we may have a service that is coded to all 32 properties. With AvidInvoice we are able to allocate each entity's pro rata share of the invoice.
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Cons
AvidXchange
  • AvidPay needs some improvement to minimize the amount of time it takes to issue payment for invoices
  • The search features within AvidXchange on the advanced search screen sometimes do not function correctly (sorting by ascending / descending order doesn't work all of the time).
  • The log enhancement follow-up procedure could use some work.
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Likelihood to Renew
AvidXchange
At the moment we have a contract for another year, we are hoping there is improvement with the company to decide if we stay with them or change.
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Usability
AvidXchange
Except the one difficult/cumbersome point I made, it is a strong, solid, easy-to-use system.
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Support Rating
AvidXchange
Except for occasional escalations needed to Level 2 support, they are efficient and quick with nearly all requests.
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Alternatives Considered
AvidXchange
We are presently evaluating a move to Concur Invoice, not because of any real lack of functionality from AvidXchange, but simply because we have other business functions already on Concur Invoice. From what we have seen so far, the functionality is similar, though I believe Concur Invoice is more expensive.
Read full review
Return on Investment
AvidXchange
  • AvidXchange allows our office to be more productive on invoice approvals.
  • Overall, AvidXchange is saving us money. We do not have to courier invoices back and forth once signatures have been provided.
  • You can approve invoices from anywhere as long as you have internet access.
Read full review
ScreenShots