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About

AvidXchange modernizes how middle market businesses manage expenses and payments with AI-enhanced software and support from real people. With 25 years of experience, our solutions automate manual tasks, reduce costs, and streamline your AP process, so you can focus on what matters most. Featuring one of the largest supplier networks in the middle market, AvidXchange offers in-depth industry expertise across real estate, community association management, healthcare, hospitality, education, hospitality, and nonprofits, as well as construction, financial services, and media through the acquisition of Core Associates, BankTEL, and FastPay. Why AvidXchange? - Trusted by 8,000+ businesses to digitize and automate AP workflows - 1.2 million suppliers paid through the AvidPay Network in the last five years - 240+ accounting system and ERP integrations Increase efficiency, visibility, and control in your AP process. Learn more at avidxchange.com

About

NextProcess’ enterprise-ready financial process automation platform helps organizations modernize financial operations with streamline capital project oversight, precise procurement/PO management, accurate accounts payable processing, and secure vendor payment management. Clients reduce costs, improve efficiency, strengthen financial controls, and make better-informed decisions. Capital Project Management helps efficiently manage capital projects of virtually any size or scale throughout the project lifecycle. Procurement/PO Management provides finance and procurement teams with actionable insights to identify savings opportunities, gain more control, improve purchase decisions, and optimize spend. AP Automation transforms AP into a streamlined, efficient operation. Our powerful intelligence engine handles many unique invoice processing requirements and business rules. Payment Disbursement supports governed supplier payments via ACH, wire, virtual card, and check.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Middle-market businesses looking to automate their AP processes

Audience

Businesses seeking automation solutions for CapEx, Procurement, Accounts Payable, and Disbursements to improve efficiency, strengthen controls, and drive growth.

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.6 / 5
ease 4.8 / 5
features 4.6 / 5
design 4.3 / 5
support 4.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Pros & Cons from Real Users

Pros

  • AvidXchange has several standout features that make it a popular choice for accounts payable automation - collectively help businesses save time, reduce costs, and improve overall efficiency.Extensive Integrations integrates well with various accounting and ERP systems, making it adaptable to different business environments
  • I really like the ability to process AP while not physically on location. In a hybrid work environment, it is seamless and managers can sign off on invoices no matter where they are. I also like that there is a digital records trail of the invoices, approvals, and processing. This has been incredibly helpful during audit season.
  • Easy to use, much easier and quicker than processing manual checks! Avid helps with setup and got everything integrated with our software Vantaca
  • I like AvidXChange for its efficiency in processing invoices and payments. It streamlines my workflow, reducing manual data entry and errors. I also appreciate its tracking features, which make it easier to monitor approvals and expenses.
  • Avid provides real time Date and updates. Prevents loss of invoice and miscommunication between everyone involved in the workflow.

Cons

  • While AvidXchange has many strengths, there are a few areas where users in my office experienced challenges - Mobile App currently lacks a dedicated mobile app, which can be inconvenient for users who need to manage accounts payable on the go
  • There were some calls to our community partner vendors informing them of the ability to receive payment via ACH, where the person reaching out made it sound like ACH payments were the only option. I had to clarify with our partners that paper checks were an option, but they were under the assumption after the communication that their only option was to accept the ACH form of payment and pay a fee. I reached out to sales and they said this was unacceptable and they would rectify the situation. Since then, I have not received any more complaints.
  • Sometimes if a vendor doesn't receive the check, that creates a hassle as the funds have already been withdrawn from the account. Have to create a stop pay and wait for funds to be returned first before re-issuing new check.
  • I found AvidXChange to be somewhat slow at times, which can be frustrating when processing multiple invoices. The interface isn't always the most user-friendly, and searching for specific invoices or payments could be tedious.
  • Avid does not have a good customer service team to answer unrecognized charges

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

AvidXchange
Founded: 2000
United States
www.avidxchange.com

Company Information

NextProcess
Founded: 2003
United States
www.nextprocess.com

Alternatives

Alternatives

Airbase

Airbase

Paylocity

Categories

Categories

Accounts Payable Features

Approval Process Control Supported
Bank Reconciliation Supported
Cash Management Not Supported
Check Writing Not Supported
Duplicate Payment Alert Not Supported
Fraud Detection Supported
General Ledger Entry Not Supported
Vendor Management Not Supported

Billing and Invoicing Features

Billing Portal Supported
Contact Database Supported
Contingency Billing Not Supported
Customer Portal Supported
Customizable Invoices Supported
Dunning Management Not Supported
Hourly Billing Not Supported
Invoice History Supported
Mobile Payments Not Supported
Multi-Currency Not Supported
Online Invoicing Supported
Online Payments Supported
Payment Processing Supported
Project Billing Supported
Recurring/Subscription Billing Supported
Service Ticket Billing Not Supported
Tax Calculator Not Supported

Payment Processing Features

ACH Check Transactions Supported
Bitcoin Compatible Not Supported
Debit Card Support Not Supported
Gift Card Management Not Supported
Mobile Payments Not Supported
Online Payments Supported
POS Transactions Not Supported
Receipt Printing Not Supported
Recurring Billing Supported
Signature Capture Not Supported

Accounts Payable Features

Approval Process Control Supported
Bank Reconciliation Not Supported
Cash Management Not Supported
Check Writing Supported
Duplicate Payment Alert Supported
Fraud Detection Supported
General Ledger Entry Supported
Vendor Management Supported

Expense Report Features

Approval Process Control Supported
Invoice Management Supported
Multi-Currency Supported
Receipt Management Supported
Reimbursement Management Supported
Spend Control Supported
Time Tracking Not Supported
Workflow Management Supported

Business Process Management Features

Access Controls / Permissions Supported
Alerts / Notifications Supported
Business Process Automation Supported
Business Rules Management Supported
Collaboration Supported
Process Change Tracking Supported
Process Mapping Supported
Process Modeling & Design Not Supported
Visual Workflow Management Not Supported

Document Management Features

Access Controls Supported
Archiving & Retention Supported
Collaboration Tools Supported
Compliance Tracking Supported
Document Archiving Supported
Document Assembly Not Supported
Document Capture Supported
Document Conversion Supported
Document Delivery Supported
Document Indexing Supported
Document Retention Supported
Electronic Signature Supported
Email Management Supported
File Recovery Supported
File Type Conversion Supported
Forms Management Supported
Full Text Search Supported
Offline Access Supported
Optical Character Recognition Supported
Print Management Supported
Version Control Supported

Procurement Features

Asset Management Not Supported
Auction Management Not Supported
Bid Management Supported
Budget Management Supported
Catalog Management Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Supported
PunchOut Supported
Purchase Order Management Supported
Receiving Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Integrations

JD Edwards EnterpriseOne Supported
NetSuite Supported
AccountMate Supported
Acumatica Cloud ERP Supported
BRIX Supported
CTI Cloud Supported
Certinia Financial Management Cloud Supported
Condo Manager Supported
FOUNDATION Supported
FRONTSTEPS Caliber Supported
IBSRE Property Management Accounting Supported
M3 Supported
MRI Software Supported
Oracle PeopleSoft Supported
QuickBooks Online Advanced Supported
RISSOFT Supported
Rabbet Supported
Sage 300 Construction and Real Estate (CRE) Supported
Sage 500 Not Supported
Sage Intacct Supported

Integrations

JD Edwards EnterpriseOne Supported
NetSuite Supported
AccountMate Not Supported
Acumatica Cloud ERP Not Supported
BRIX Not Supported
CTI Cloud Not Supported
Certinia Financial Management Cloud Not Supported
Condo Manager Not Supported
FOUNDATION Not Supported
FRONTSTEPS Caliber Not Supported
IBSRE Property Management Accounting Not Supported
M3 Not Supported
MRI Software Not Supported
Oracle PeopleSoft Not Supported
QuickBooks Online Advanced Not Supported
RISSOFT Not Supported
Rabbet Not Supported
Sage 300 Construction and Real Estate (CRE) Not Supported
Sage 500 Supported
Sage Intacct Not Supported
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