Compare AvidXchange and ALTO Accounts Payable - Mar 2022

Shlomi Lavi

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

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:

Avidxchange Vs. Innovation Centric Group

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...

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...

Who is more expensive? AvidXchange or ALTO Accounts Payable?

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 AvidXchange and ALTO Accounts Payable.

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

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

Which software includes more/better features?

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

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

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

Target customer size

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