AvidXchange vs. Spendesk

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
Spendesk
Score 7.8 out of 10
N/A
Spendesk is smart spend management software from the company of the same name in Paris, designed for finance teams and employees, presenting flexible payments, approvals, automated receipt capture and real-time spend insights, finance can decentralize operational spending across the business without any loss of control or visibility. Employees benefit from streamlined expense and invoice management through the Spendesk website and app.N/A
Pricing
AvidXchangeSpendesk
Editions & Modules
AvidXchange
5,000
per license
No answers on this topic
Offerings
Pricing Offerings
AvidXchangeSpendesk
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AvidXchangeSpendesk
Top Pros
Top Cons
Best Alternatives
AvidXchangeSpendesk
Small Businesses
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
BILL Spend & Expense
BILL Spend & Expense
Score 8.8 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Lola.com
Lola.com
Score 8.0 out of 10
Enterprises
Webexpenses
Webexpenses
Score 8.4 out of 10
GEP SMART
GEP SMART
Score 8.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AvidXchangeSpendesk
Likelihood to Recommend
9.0
(18 ratings)
8.1
(2 ratings)
Likelihood to Renew
8.2
(5 ratings)
-
(0 ratings)
Usability
8.2
(1 ratings)
-
(0 ratings)
Availability
9.0
(1 ratings)
-
(0 ratings)
Performance
8.0
(1 ratings)
-
(0 ratings)
Support Rating
8.2
(2 ratings)
-
(0 ratings)
Implementation Rating
7.3
(1 ratings)
-
(0 ratings)
User Testimonials
AvidXchangeSpendesk
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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Spendesk
Spendesk's integration with Slack is super functional, as I receive requests to approve expenses daily. This way, we can act on time. This also works with pending approvals from other stakeholders. Also, keeping tracking of the POs thresholds is quite handy. On the other hand, sometimes I struggle when I want to access historical data quickly. It would be amazing to get a dashboard.
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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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Spendesk
  • POs approval
  • Integration with Slack
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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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Spendesk
  • The AI that reads receipts could be improved.
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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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Spendesk
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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Spendesk
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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Spendesk
No answers on this topic
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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Spendesk
Spendesk is fully dedicated to this field. While we are still using Airtable for other purposes, such as automation, Spendesk allows us to get a well-structured process for approvals and improve the communication between different teams
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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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Spendesk
  • Reduce the approval time of expenses
  • Improve the communication between departments
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ScreenShots