AvidXchange vs. Zip Intake-to-Procure

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AvidXchange
Score 8.7 out of 10
N/A
AvidXchange is an automated bill payment system.
$5,000
per license
Zip Intake-to-Procure
Score 7.9 out of 10
Enterprise companies (1,001+ employees)
Zip provides a place for employees to initiate a purchase or vendor request. Each request is routed for approval across procurement, finance, IT, data security, legal, and other teams, and Zip integrates into ERP and P2P solutions to create a PR or draft PO. The vendor states Zip works with Canva, Checkr, Hopin, Zapier, CM Group, and other companies both public and private.N/A
Pricing
AvidXchangeZip Intake-to-Procure
Editions & Modules
AvidXchange
5,000
per license
No answers on this topic
Offerings
Pricing Offerings
AvidXchangeZip Intake-to-Procure
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
AvidXchangeZip Intake-to-Procure
Features
AvidXchangeZip Intake-to-Procure
Payment Management
Comparison of Payment Management features of Product A and Product B
AvidXchange
9.8
1 Ratings
27% above category average
Zip Intake-to-Procure
-
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 Product A and Product B
AvidXchange
10.0
2 Ratings
35% above category average
Zip Intake-to-Procure
-
Ratings
Automated Accounts Payable Processes10.02 Ratings00 Ratings
Vendor Management10.02 Ratings00 Ratings
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AvidXchangeZip Intake-to-Procure
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User Ratings
AvidXchangeZip Intake-to-Procure
Likelihood to Recommend
9.9
(20 ratings)
7.7
(22 ratings)
Likelihood to Renew
8.2
(5 ratings)
-
(0 ratings)
Usability
10.0
(2 ratings)
-
(0 ratings)
Availability
9.0
(1 ratings)
-
(0 ratings)
Performance
8.0
(1 ratings)
-
(0 ratings)
Support Rating
8.2
(2 ratings)
9.1
(1 ratings)
Implementation Rating
7.3
(1 ratings)
-
(0 ratings)
User Testimonials
AvidXchangeZip Intake-to-Procure
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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Zip
Zip can be used for routing all vendor-level approvals for new vendors and all renewals across our organization. It can also be helpful for managing all purchases from existing vendors. For non-spend related approvals, it’s not as well suited. Zip was definitely designed for procurement workflows. They also have a vendor management portal that links up directly to something like NetSuite for management and visibility.
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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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Zip
  • No coding - Ability for the administrator to make changes without development resources helps us be agile as a procurement org.
  • Visibility to the user in a great user interface
  • Accountability (helps us track SLAs on response time), Audit trails keeping track of everything
  • The implementation team was incredible, as is ongoing support. They want you to succeed in your goals vs. just implement their tool
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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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Zip
  • There are some duplicated fields such as anticipated total spend vs. price line item breakdown that asks for the same thing. This is a little bit tedious
  • Does not show which invoices got processed and applied to open POs
  • Does not integrate / migrate special custom fields within Zip Intake-to-Procure into other tech stacks (NetSuite)
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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.
Read full review
Zip
No answers on this topic
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.
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Zip
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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Zip
Incredibly responsive and helpful.
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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.
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Zip
I prefer Zip for its for its user-friendly interface and ease of adoption, especially if the organization values a simpler and more intuitive system for users across various departments. Comparatively, Zip is a more budget-friendly solution compared to some enterprise-level systems like SAP ARIBA or Oracle PeopleSoft, especially for smaller or mid-sized organizations with specific procurement needs.
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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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Zip
  • Visibility for all necessary approvers and reviewers of the process.
  • Lack of open API to other systems (i.e Mondays, Smartsheet) is causing concerns for team that might want to move away from current tool.
  • No 3rd party implementation required is huge cost / time savings.
Read full review
ScreenShots

Zip Intake-to-Procure Screenshots

Screenshot of Screenshot of Zip supports ultra-configurable, parallel workflows with our no-code configuration.Screenshot of Zip also integrates with all major ticketing, CLM, GRC, and ERP/P2P solutions. Here's an example integration card for JIRA.Screenshot of Zip has an optional vendor-facing portal for the vendor to provide diligence materials, including documents, surveys, and even bank settlement information.Screenshot of Zip's vendor-facing portal includes an optional bank settlement form with an attestation.