AvidXchange Review - why 4.5 stars?

Shlomi Lavi / updated: Jul 26, 2022

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What is AvidXchange?

AvidXchange is a cloud-based accounting software that is designed to automate all account payable processes for individuals and firms. The tool eliminates the use of paper invoices in payments while also reducing payment processing fees. This software handles various processes in account payable management and bill payments through intuitive means.

The electronic invoice capture feature also lets users automate all of their purchase processes. Some of the software key features include; approval process control, electronic funds transfer, vendor management, and payment processing services integration. The software company is privately held and has its headquarters in North Carolina, United States. The company has about 5000 employees presently.

Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

ITQlick pricing score is 2.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for AvidXchange. You can also find here pricing information from AvidXchange's website.

Pros

• Users are able to find invoices by searching vendor name or invoice number
• Users enjoy a streamlined approach to payments through the elimination of paper use and faxing
• The software interface is user-friendly

Cons

• Customer care support is fairly slow
• Users are unable to view the status of their check automatically on the platform

How it stacks up?

Access a head to head analysis of AvidXchange vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is AvidXchange right for you or your business?

AvidXchange is suited to the operations of small, medium and large companies with needs for an automated payment system. Companies in various industries like healthcare, banking, construction, and manufacturing will find this tool handy in the management of their payable services. Some of their top clients include; FirstService Residential, LEAD Inc. and Colliers International.