Likelihood to Recommend
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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NexusPayables is well suited for your invoice tracking and payments, especially for medium to large businesses. I would not recommend for smaller companies because I don't see the value for them. Once trained, the system is useful. However, the user interface is confusing without proper training and is not user-friendly. I highly suggest businesses invest in a specific set of people to be trained so that they can teach others to use the program.
Read full review Pros 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. Read full review Invoice Tracking Invoice review Read full review Cons 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. Read full review Not very user-friendly Not intuitive Read full review Likelihood to Renew
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.
Read full review Usability
Except the one difficult/cumbersome point I made, it is a strong, solid, easy-to-use system.
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Except for occasional escalations needed to Level 2 support, they are efficient and quick with nearly all requests.
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NexusPayables FAQ and Help sections are not extraordinarily helpful. They will answer some questions, but most often, I have to bother my accounting co-workers because of the way the system is set up NexusPayables themselves can't help me most of the time. They tell me to refer to the program administrator.
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We are presently evaluating a move to
, not because of any real lack of functionality from AvidXchange, but simply because we have other business functions already on
. From what we have seen so far, the functionality is similar, though I believe
is more expensive.
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Our company uses both at the moment, and I find that
is a much more user-friendly interface that is easy to use, easy to navigate, and extremely efficient. Unfortunately, we only use
for personal expenses and company credit card reconciliations at the moment, which is why we use NexusPayables for vendors.
Read full review Return on Investment 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 Tracking of income Tracking of profit Read full review ScreenShots