What users are saying about
33 Ratings
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Score 8.6 out of 100
6 Ratings
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Score 8 out of 100

Attribute Ratings

  • AvidXchange is rated higher in 2 areas: Likelihood to Recommend, Support Rating

Likelihood to Recommend

9.0

AvidXchange

90%
18 Ratings
7.4

Fourth Procurement and Inventory

74%
4 Ratings

Likelihood to Renew

8.2

AvidXchange

82%
5 Ratings

Fourth Procurement and Inventory

N/A
0 Ratings

Usability

8.2

AvidXchange

82%
1 Rating

Fourth Procurement and Inventory

N/A
0 Ratings

Availability

9.0

AvidXchange

90%
2 Ratings

Fourth Procurement and Inventory

N/A
0 Ratings

Performance

8.0

AvidXchange

80%
2 Ratings

Fourth Procurement and Inventory

N/A
0 Ratings

Support Rating

8.2

AvidXchange

82%
4 Ratings
7.5

Fourth Procurement and Inventory

75%
8 Ratings

Implementation Rating

7.3

AvidXchange

73%
2 Ratings

Fourth Procurement and Inventory

N/A
0 Ratings

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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HotSchedules and Fourth

The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
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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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HotSchedules and Fourth

  • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
  • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
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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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HotSchedules and Fourth

  • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
  • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
  • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
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Pricing Details

AvidXchange

Starting Price

$5,000 per license

Editions & Modules

AvidXchange editions and modules pricing
EditionModules
AvidXchange5,0001

Footnotes

  1. per license

Offerings

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services

Entry-level set up fee?

No setup fee

Additional Details

Fourth Procurement and Inventory

Starting Price

Editions & Modules

Fourth Procurement and Inventory editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    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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    HotSchedules and Fourth

    No answers on this topic

    Usability

    AvidXchange

    Except the one difficult/cumbersome point I made, it is a strong, solid, easy-to-use system.
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    HotSchedules and Fourth

    No answers on this topic

    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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    HotSchedules and Fourth

    Too long to get an answer.
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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.
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    HotSchedules and Fourth

    No answers on this topic

    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.
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    HotSchedules and Fourth

    • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
    • Integration: GL Integrations have increased the efficiency and quality of data.
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    Screenshots

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