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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    AvidXchange

    Score8.9 out of 10
    N/AAvidXchange is an automated bill payment system.

    $5,000

    per license

    QuickBooks Online Advanced

    Score8.2 out of 10
    N/AQuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.N/A
    Pricing
    AvidXchangeQuickBooks Online Advanced
    Editions & Modules
    AvidXchange
    5,000
    per license
    No answers on this topic
    Offerings
    Pricing Offerings
    AvidXchangeQuickBooks Online Advanced
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    AvidXchangeQuickBooks Online Advanced
    Considered Both Products
    AvidXchange
    No answer on this topic
    Intuit
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    8 Answers
    91%
    Would buy again
    150 Answers
    Delivers good value for the price
    100%
    Delivers good value for the price
    6 Answers
    89%
    Delivers good value for the price
    134 Answers
    Happy with the feature set
    100%
    Happy with the feature set
    8 Answers
    93%
    Happy with the feature set
    153 Answers
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    6 Answers
    91%
    Lived up to sales and marketing promises
    124 Answers
    Implementation went as expected
    100%
    Implementation went as expected
    7 Answers
    87%
    Implementation went as expected
    131 Answers
    Features
    AvidXchangeQuickBooks Online Advanced
    Payment Management
    Comparison of Payment Management features of AvidXchange and QuickBooks Online Advanced
    Feature
    AvidXchange
    9.8
    1 Ratings
    26% above category average
    QuickBooks Online Advanced
    -
    Ratings
    Customizable Approval Policies10.01 Ratings00 Ratings
    Financial Document Management9.01 Ratings00 Ratings
    Payment Status Tracking10.01 Ratings00 Ratings
    Payment Audit Trail10.01 Ratings00 Ratings
    Duplicate Bill Detection10.01 Ratings00 Ratings
    Accounts Payable
    Comparison of Accounts Payable features of AvidXchange and QuickBooks Online Advanced
    Feature
    AvidXchange
    10.0
    2 Ratings
    33% above category average
    QuickBooks Online Advanced
    -
    Ratings
    Automated Accounts Payable Processes10.02 Ratings00 Ratings
    Vendor Management10.02 Ratings00 Ratings
    Customization
    Comparison of Customization features of AvidXchange and QuickBooks Online Advanced
    Feature
    AvidXchange
    -
    Ratings
    QuickBooks Online Advanced
    7.9
    116 Ratings
    4% above category average
    API for custom integration00 Ratings7.796 Ratings
    Plug-ins00 Ratings8.0101 Ratings
    Security
    Comparison of Security features of AvidXchange and QuickBooks Online Advanced
    Feature
    AvidXchange
    -
    Ratings
    QuickBooks Online Advanced
    8.4
    210 Ratings
    3% above category average
    Single sign-on capability00 Ratings8.4184 Ratings
    Role-based user permissions00 Ratings8.3206 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of AvidXchange and QuickBooks Online Advanced
    Feature
    AvidXchange
    -
    Ratings
    QuickBooks Online Advanced
    8.2
    225 Ratings
    5% above category average
    Dashboards00 Ratings8.3212 Ratings
    Standard reports00 Ratings8.5225 Ratings
    Custom reports00 Ratings7.7216 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of AvidXchange and QuickBooks Online Advanced
    Feature
    AvidXchange
    -
    Ratings
    QuickBooks Online Advanced
    8.2
    233 Ratings
    7% above category average
    Accounts payable00 Ratings8.4220 Ratings
    Accounts receivable00 Ratings8.5219 Ratings
    Cash management00 Ratings8.5193 Ratings
    Bank reconciliation00 Ratings9.1223 Ratings
    Expense management00 Ratings8.5206 Ratings
    Time tracking00 Ratings7.7110 Ratings
    Multi-currency support00 Ratings6.557 Ratings
    Multi-division support00 Ratings7.297 Ratings
    Regulations compliance00 Ratings8.3103 Ratings
    Electronic tax filing00 Ratings8.8127 Ratings
    Self-service portal00 Ratings7.9121 Ratings
    Primary and Secondary Ledgers00 Ratings8.297 Ratings
    Intercompany Accounting00 Ratings8.099 Ratings
    Journals and Reconciliations00 Ratings8.4199 Ratings
    Enterprise Accounting00 Ratings7.988 Ratings
    Configurable Accounting00 Ratings8.4111 Ratings
    Centralized Rules Framework00 Ratings8.985 Ratings
    Standardized Processes00 Ratings8.4151 Ratings
    Inventory Management
    Comparison of Inventory Management features of AvidXchange and QuickBooks Online Advanced
    Feature
    AvidXchange
    -
    Ratings
    QuickBooks Online Advanced
    6.3
    91 Ratings
    14% below category average
    Inventory tracking00 Ratings6.391 Ratings
    Order Management
    Comparison of Order Management features of AvidXchange and QuickBooks Online Advanced
    Feature
    AvidXchange
    -
    Ratings
    QuickBooks Online Advanced
    6.8
    150 Ratings
    8% below category average
    Pricing00 Ratings6.8110 Ratings
    Order entry00 Ratings6.599 Ratings
    Credit card processing00 Ratings7.2129 Ratings
    Best Alternatives
    AvidXchangeQuickBooks Online Advanced
    Small Businesses
    Tipalti
    Score7.7 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    Stampli
    Score8.4 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Yooz
    Score8.8 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    AvidXchangeQuickBooks Online Advanced
    Likelihood to Recommend
    9.9
    (20 ratings)
    7.9
    (235 ratings)
    Likelihood to Renew
    8.2
    (5 ratings)
    9.8
    (20 ratings)
    Usability
    10.0
    (2 ratings)
    8.4
    (16 ratings)
    Availability
    9.0
    (1 ratings)
    8.1
    (4 ratings)
    Performance
    8.0
    (1 ratings)
    9.1
    (5 ratings)
    Support Rating
    8.2
    (2 ratings)
    -
    (0 ratings)
    Online Training
    -
    (0 ratings)
    9.0
    (3 ratings)
    Implementation Rating
    7.3
    (1 ratings)
    7.4
    (10 ratings)
    Configurability
    -
    (0 ratings)
    8.0
    (5 ratings)
    Ease of integration
    -
    (0 ratings)
    9.2
    (4 ratings)
    Product Scalability
    -
    (0 ratings)
    9.7
    (3 ratings)
    Vendor post-sale
    -
    (0 ratings)
    9.2
    (4 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    9.1
    (3 ratings)
    User Testimonials
    AvidXchangeQuickBooks Online Advanced
    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
    Read full review
    Intuit
    Well suited for a larger company with many classes that need to be differentiated. It is relatively intuitive to use, whether you have used other versions of QuickBooks, or any other accounting software. Easy to dig into your accounts from wither the Balance Sheet or the Profit and Loss when trying to analyze performance.
    Incentivized
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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.
    Incentivized
    Read full review
    Intuit
    • Budgeting is easy to input. Our entities have multiple departments, so using classes to separate and report the results of each department is important.
    • Reports are easy to customize to provide meaningful data to the board and department managers.
    • QuickBooks Online Advanced has a large market share of accounting software in use, so it is relatively easy to find new employees with prior experience with QuickBooks Online Advanced.
    • Able to open both entities at the same time, which is helpful due to the number of transactions between the two entities.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Intuit
    • Continued growth around AI usage and tool.
    • There are still some reporting gaps that make setting up custom reports not absolutely top-tier.
    • There can be a lot of UI clutter as different features keep getting turned on. Can become harder to navigate.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Intuit
    It has become second nature to use Quick Books at the company. If you need a report you log in and pull the report. It helps expedite reconciliation of bank accounts, the automation of most tasks make it easy to get mundane tasks completed quickly.
    Incentivized
    Read full review
    Usability
    AvidXchange
    AvidXchange is very easy to use and the customer service is always there is you need help or more training. New employees even comment on how easy it is to pickup the program.
    Incentivized
    Read full review
    Intuit
    QuickBooks Online Advanced is highly usable and intuitive for most day-to-day financial tasks. Its interface is clear, and core functions such as invoicing, reconciliation, and reporting are easy to perform. While some advanced features like report customization or integrations can be less straightforward, overall the platform offers a smooth and efficient user experience.
    Incentivized
    Read full review
    Reliability and Availability
    AvidXchange
    No answers on this topic
    Intuit
    In the 5 years I have been using it, I cannot recall there ever having been an outage or not being able to access the system. Sure, there are issues with internet speeds sometimes that are unrelated to Intuit but it is a very reliable system.
    Incentivized
    Read full review
    Performance
    AvidXchange
    No answers on this topic
    Intuit
    Since we do not integrate the software with other systems, I do not have any issues with speed related to that. Pages tend to load pretty quickly, but there are times when reports or other pages take a little longer to load than usual. It is not an overly frustrating amount of time, though, and it happens infrequently.
    Incentivized
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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.
    Read full review
    Intuit
    No answers on this topic
    Online Training
    AvidXchange
    No answers on this topic
    Intuit
    The online training is good enough.
    Incentivized
    Read full review
    Implementation Rating
    AvidXchange
    No answers on this topic
    Intuit
    I did not participate in this part particularly much. The implementation was simple and easy to perform. There were not any major issues that arose during the process. QuickBooks has made the processes pretty streamless and I believe they had anticipated many difficulties ahead of time. This was easy enough
    Incentivized
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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.
    Incentivized
    Read full review
    Intuit
    QBO is great because it does accounting very well, and it can integrate well with everything. I appreciate that it has third-party integrations with many other software companies, so we can focus on doing our accounting through QuickBooks while adding other software as needed through those integrations.
    Incentivized
    Read full review
    Scalability
    AvidXchange
    No answers on this topic
    Intuit
    Software is very flexible
    Incentivized
    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.
    Incentivized
    Read full review
    Intuit
    • Spreadsheet sync reduces manual data entry significantly. Exporting data into my customized Excel workbook that has complex formulas and macros for automating makes uploading changes and reconfiguring easy and convenient, saving a lot of time.
    • Automating AP approval has reduced lost paper copies, improved internal controls, and reduced audit findings.
    • Having banking connections has improved cash flow management, streamlined credit card expenses and reconciliation. I have found that utilizing it for my primary operating account actually makes things more difficult and can easily double-post payments, so I avoid using it on the checking account. It has been well for the credit card account, though.
    Incentivized
    Read full review
    ScreenShots