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34 Ratings
This review does not include a rating.
34 Ratings
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Score 8.1 out of 100
This review does not include a rating.

Attribute Ratings

    Likelihood to Recommend

    9.0

    AvidXchange

    90%
    18 Ratings

    Versapay

    N/A
    0 Ratings

    Likelihood to Renew

    8.2

    AvidXchange

    82%
    5 Ratings

    Versapay

    N/A
    0 Ratings

    Usability

    8.2

    AvidXchange

    82%
    1 Rating

    Versapay

    N/A
    0 Ratings

    Availability

    9.0

    AvidXchange

    90%
    2 Ratings

    Versapay

    N/A
    0 Ratings

    Performance

    8.0

    AvidXchange

    80%
    2 Ratings

    Versapay

    N/A
    0 Ratings

    Support Rating

    8.2

    AvidXchange

    82%
    4 Ratings

    Versapay

    N/A
    0 Ratings

    Implementation Rating

    7.3

    AvidXchange

    73%
    2 Ratings

    Versapay

    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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    Versapay

    No answers on this topic

    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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    Versapay

    No answers on this topic

    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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    Versapay

    No answers on this topic

    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

    Versapay

    Starting Price

    Editions & Modules

    Versapay 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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      Versapay

      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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      Versapay

      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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      Versapay

      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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      Versapay

      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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      Versapay

      No answers on this topic

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