AvidXchange vs. Yooz

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

Any company manually coding and entering more than 1000 invoices a month needs Yooz. Any company wanting full visibility and accountability through the life of an invoice needs Yooz. Any company who needs to control who can see and or code transactions needs Yooz.

• 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

• Yooz allowed for the uploading of purchase orders and the matching of purchase orders to invoices for smooth processing of invoices.
• Yooz performed three way matching in a stream lined manner.
• Yooz was a user friendly software that integrated well with Oracle NetSuite.

Incentivized

• 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

• Unfortunately Yooz is a newer software company, and Yooz was not equipped to process large batches of invoices that needed to be paid.
• Yooz, in some instances, did not properly load invoices or credit memo information accurately into NetSuite. The detail in Yooz did not match in the general ledger in NetSuite, and the records did not match. Yooz's IT support also a difficult time correcting our issues.
• Yooz is a new company and there is still a lot of software upgrades and better development that needs to take place before it can be considered a reliable software.

Incentivized

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

I love Yooz and everything it has brought to our organization!

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

Except for occasional escalations needed to Level 2 support, they are efficient and quick with nearly all requests.

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

Yooz comes close to Coupa, but Coupa is much more robust and can handle much larger batches of information. Yooz performed well against Bank of America's Checkbook product, because it was more efficient. The other NetSuite products did not match up for our needs, so Yooz was a better solution at the time.

Incentivized

• 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

• Helps the invoicing process be much more organized & easier to follow
• Able to get through invoices much quicker
• Ease of contacting the person who it needs to go to or posting a question. This way everyone involved can see things in one area.