Compare ALTO Accounts Payable and AvidXchange - Mar 2022

Shlomi Lavi

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

ALTO Accounts Payable is more expensive to implement (TCO) than AvidXchange, and AvidXchange is rated higher (88/100) than ALTO Accounts Payable (77/100). AvidXchange offers users more features (3) than ALTO Accounts Payable (0). There is a clear winner in this case and it is AvidXchange!

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:

Innovation Centric Group Vs. Avidxchange

Innovation Centric Group: ICG enables your company to increase shareholder value through lower costs, higher quality outcomes and improved productivity. Our delivery model brings the best experts from around the globe to work for you 7/24 while optimizing your costs through global sourcing of services in low-cost markets. This brings your projects to completion faster a...

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? ALTO Accounts Payable or AvidXchange Automated Bill Pay?

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 ALTO Accounts Payable and AvidXchange Automated Bill Pay.

ALTO Accounts Payable price starts at $2 per license , On a scale between 1 to 10 ALTO Accounts Payable is rated 2, which is much lower than the average cost of Accounts Payable software. AvidXchange Automated Bill Pay price starts at $5,000 per license , When comparing AvidXchange Automated Bill Pay to its competitors, the software is rated 2 - much lower than the average Accounts Payable software cost.

Bottom line: ALTO Accounts Payable cost is around the same cost of AvidXchange Automated Bill Pay.

Which software includes more/better features?

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

ALTO Accounts Payable: We are still working to collect the list of features for ALTO Accounts Payable.

AvidXchange Automated Bill Pay: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

ALTO Accounts Payable's typical customers include: Small businesses and start ups, and AvidXchange Automated Bill Pay's target customer size include: Small, medium and large size businesses.