Compare Accounts Payable Automation and AvidXchange - Jul 2022

Shlomi LaviShlomi Lavi / Jul 26, 2022

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Accounts Payable Automation or AvidXchange?

Accounts Payable Automation is more expensive to implement (TCO) than AvidXchange, and Accounts Payable Automation is rated higher (88/100) than AvidXchange (81/100). Accounts Payable Automation offers users more features (4) than AvidXchange (0).

Looking for the right Accounts Payable solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

ReadSoft Vs. Avidxchange

ReadSoft : ReadSoft has been a pioneer in P2P invoice automation since the 1990s, when the company first brought free-form technology for invoice processing to market. Today, ReadSoft continues to be a global leader in business document process automation, with 2,500+ accounts payable solution applications worldwide – more than double the total applications o...

Avidxchange: AvidXchange revolutionizes the way companies pay their bills by automating invoice and bill payment processing. We are automation experts and have been automating companies’ bill payment processes for more than 10 years to reduce costs, improve productivity, and eliminate paper from their bill payment process. Our team of automation experts can...

Who is more expensive? Accounts Payable Automation or AvidXchange?

The real total cost of ownership (TCO) of Accounts Payable software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Accounts Payable Automation and AvidXchange.

Accounts Payable Automation price starts at $595 per license , On a scale between 1 to 10 Accounts Payable Automation Software is rated 6, which is similar to the average cost of Accounts Payable software. AvidXchange accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Accounts Payable Automation Software is rated 6, which is similar to the average cost of Accounts Payable software.

Bottom line: Accounts Payable Automation is more expensive than AvidXchange.

Which software includes more/better features?

We've compared Accounts Payable Automation Vs. AvidXchange based on some of the most important and required Accounts Payable features.

Accounts Payable Automation: Accounts Payable, Accounts Receivable, Billing & Invoicing, Fixed-Assets.

AvidXchange: We are still working to collect the list of features for AvidXchange.

Target customer size

Customers of the software include businesses of all sizes and a variety of types from all over the world. and AvidXchange's target customer size include: Small, medium and large size businesses.



Accounts Payable Automation

ITQlick rating
(4.4/5)

starts at $595 per license

ReadSoft Accounts Payable Automation is an accounting automation solution for businesses of all sizes. Its capabilities include payment management, invoice management, digital processing, and others. The softwa...

Categories: Core Accounting.

AvidXchange

ITQlick rating
(4.5/5)

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 reduci...

Categories: Payment Processing, Real Estate CRM, Property Management, Project Portfolio Management, Fraud Management.

Compare specifications

Compare features

Accounts Payable Automation: 4 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Fixed-Assets

AvidXchange: 0 Features

We are working to collect the information
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Accounts...
ITQlick rating
4.4/5
Score
88/100
Pricing
6.6/10
License pricing
$595 per license
Functionality
5
Compare
AvidXchange
ITQlick rating
4.5/5
Score
81/100
Pricing
2.4/10
License pricing
Pricing not available
Functionality
5
iPayable...
ITQlick rating
3.2/5
Score
91/100
Pricing
3.6/10
License pricing
$3 per license
Functionality
4
AvidXcha...
ITQlick rating
4.5/5
Score
88/100
Pricing
2/10
License pricing
$5,000 per license
Functionality
4
SutiAP
ITQlick rating
4/5
Score
85/100
Pricing
5.4/10
License pricing
Pricing not available
Functionality
3
Review

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.