Customizable Approval Policies
Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.
Cat avg: 8.6
Top Performing Features
Payment Status Tracking
Tracks what stage payments are at in the process, from approval to receipt.
Cat avg: 8.9
Payment Audit Trail
Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.
Cat avg: 8.8
Duplicate Bill Detection
Detects duplicate invoices or expense reports to prevent double payments.
Cat avg: 8.9
Worst Performing Features
Financial Document Management
Invoices, expense reports, and associated documents are stored within the platform for any future needs.
Cat avg: 8.4
Automated Accounts Payable Processes
Accounts payable processes are automated based on pre-determined workflows.
Cat avg: 8.7
Vendor Management
Holds information related to vendor terms and contracts.
Cat avg: 8.5
AvidXchange Features from Reviews
Payment Management
Features that allow for the management of payments across various forms of finance/accounting software.
9.8+14%
Customizable Approval Policies
Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.
Category average: 8.6
Financial Document Management
Invoices, expense reports, and associated documents are stored within the platform for any future needs.
Category average: 8.4
Payment Status Tracking
Tracks what stage payments are at in the process, from approval to receipt.
Category average: 8.9
Payment Audit Trail
Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.
Category average: 8.8
Duplicate Bill Detection
Detects duplicate invoices or expense reports to prevent double payments.
Category average: 8.9
Accounts Payable
Features found in accounts payable software products
10+19%
Automated Accounts Payable Processes
Accounts payable processes are automated based on pre-determined workflows.
Category average: 8.7
Vendor Management
Holds information related to vendor terms and contracts.
Category average: 8.5