AvidXchange Features


Competitor Feature Comparison

ACH Payment Processing
Accounting Integration
Accounts Payable
Accounts Receivable
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Approval Workflow
Audit Trail
Bank Reconciliation
Billing & Invoicing
Billing Portal
Budgeting/Forecasting
Cash Management
Check Writing
Compliance Management
Configurable Workflow
Contact Database
Contact Management
Credit Card Management
Credit Card Processing
Customizable Reports
Dashboard
Data Security
Document Management
Electronic Funds Transfer
Electronic Payments
Fixed Asset Management
Fraud Detection
General Ledger
Inventory Management
Invoice Creation
Invoice History
Invoice Management
Invoice Processing
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
PO Reconciliation
Payment Processing
Payment Processing Services Integration
Payroll Management
Project Billing
Purchase Order Management
Purchasing & Receiving
Receipt Management
Recurring Payments
Recurring/Subscription Billing
Reimbursement Management
Reporting & Statistics
Reporting/Analytics
Requisition Management
Spend Control
Status Tracking
Supplier Management
Third Party Integrations
Time & Expense Tracking
Vendor Management
Workflow Management
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ACH Payment Processing
Accounting Integration
Accounts Payable
Accounts Receivable
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Approval Workflow
Audit Trail
Bank Reconciliation
Billing & Invoicing
Billing Portal
Budgeting/Forecasting
Cash Management
Check Writing
Compliance Management
Configurable Workflow
Contact Database
Contact Management
Credit Card Management
Credit Card Processing
Customizable Reports
Dashboard
Data Security
Document Management
Electronic Funds Transfer
Electronic Payments
Fixed Asset Management
Fraud Detection
General Ledger
Inventory Management
Invoice Creation
Invoice History
Invoice Management
Invoice Processing
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
PO Reconciliation
Payment Processing
Payment Processing Services Integration
Payroll Management
Project Billing
Purchase Order Management
Purchasing & Receiving
Receipt Management
Recurring Payments
Recurring/Subscription Billing
Reimbursement Management
Reporting & Statistics
Reporting/Analytics
Requisition Management
Spend Control
Status Tracking
Supplier Management
Third Party Integrations
Time & Expense Tracking
Vendor Management
Workflow Management
Visit WebsiteCompare App
ACH Payment Processing
Accounting Integration
Accounts Payable
Accounts Receivable
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Approval Workflow
Audit Trail
Bank Reconciliation
Billing & Invoicing
Billing Portal
Budgeting/Forecasting
Cash Management
Check Writing
Compliance Management
Configurable Workflow
Contact Database
Contact Management
Credit Card Management
Credit Card Processing
Customizable Reports
Dashboard
Data Security
Document Management
Electronic Funds Transfer
Electronic Payments
Fixed Asset Management
Fraud Detection
General Ledger
Inventory Management
Invoice Creation
Invoice History
Invoice Management
Invoice Processing
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
PO Reconciliation
Payment Processing
Payment Processing Services Integration
Payroll Management
Project Billing
Purchase Order Management
Purchasing & Receiving
Receipt Management
Recurring Payments
Recurring/Subscription Billing
Reimbursement Management
Reporting & Statistics
Reporting/Analytics
Requisition Management
Spend Control
Status Tracking
Supplier Management
Third Party Integrations
Time & Expense Tracking
Vendor Management
Workflow Management
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AvidXchange Feature Reviews

25 reviewers had the following to say about AvidXchange's features:

Ben S.

Manage Your Complex Accounts Payable Processes

2020-12-28

It integrates with our MRI property management software, as well as Quickbooks, and provides a multi-layered and visible approach to our invoice submission, approval and payment processes.

Pros

You can also email other people from within Avid to get questions answered regarding an invoice and track those conversations in real time.

Cons

For one, when searching for invoices by vendor, Avid always loads results in order from oldest date to newest date which doesn't make much sense.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

5/10
Source: Capterra
Helpful?   Yes   No
Read more
Catherine R.

AvidXchange

2021-08-31

When choosing a product we were looking for something that could integrate with Microsoft GP.

Pros

AvidXchange has helped streamline our invoice processing; to eliminate paper, and approval routing time.

Cons

The reporting system is cumbersome.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
David D.

Daily Accounts Payable Review Software

2021-08-19

Generally good-it serves as a very good document imaging manager with Vendor History and the payment process of getting checks or ACHs to suppliers works seamlessly.

Pros

Ease of Batching approved invoices and integrating them with my accounting software

Cons

At times invoice images get stuck in the inbox and our accounting staff needs to retrieve them manually to get them in the proper workflow

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Commercial Real Estate company, 10001+ employees)

An Efficient Invoicing Tool

2019-05-17

Avid has been a solid tool for my company to make purchase orders and pay invoices.

Pros

It's relatively easy to use and I really like the comment feature that allows you to easily communicate with the next approvers in the workflow. This communication feature is especially helpful when you are working with people in other offices.

Cons

Setup and implementation took longer than we would have liked and I personally don't like the interface that much.

Rating breakdown

Ease of use
Features

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Real Estate company, 51-200 employees)

User friendly Accounts Payable Software that increases effiency

2021-09-13

Overall, I really love AvidXchange and would definitely recommend it to different companies.

Pros

Really saved our company time by switching billing to electronic invoicing system.

Cons

The timing it takes to convert from VCC (Virtual Card) to Check could take up to 3 weeks which leads to late bills.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Cindy B.

Best Accounts Payable Solution for your Business Needs

2021-08-19

Processing the large amount of invoices that we have each month for our properties has become streamlined with Avid.

Pros

It has streamlined our payables process substantially. All invoices can be located in our Avid module, review and approval of the vendor invoices, and most important, it integrates with our property management software.

Cons

Everything is good, we really don't have any issues.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Tonya Y.

Very helpful and seemed like the most efficient and provided the most ways to obtain info.

2017-09-16

Efficiency, workflow and fraud control, reduced data entry, centralized invoice processing and accuracy.

Pros

Customer service, efficiency, data retainage, ease of finding invoices for vendors and auditors, fraud protection and frequent updates to correct any bugs that are found in the system.

Cons

That utility cutoff notices are placed in the statement queue and that you are not able to look up avengers invoice by the account number.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from AvidXchange


Hi Tonya,

Thanks for the great review!

I will pass on your feedback to our Utility team.

If you have any questions feel free to reach out to me personally: billking@avidxchange.com

Thanks again!

Read more
Josh C.

Simplify Your AP Process

2020-10-19

Each department will get an invoice based on the supplier's workflow that was set in Avid and all they have to do is review, select what GL they would like to put the invoice to, and submit.

Pros

- AvidXchange has indexers who automatically enter the basic invoice/bill data, then send it into the proper workflow to be reviewed, approved and paid. - Customer Service is phenomenal.

Cons

. - Indexers can make mistakes on basic invoice header data, but this is very rare.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
David S.

Our search for AP Automation was quickly over when we found AvidXchange!

2019-01-08

Especially considering how cheap it is with AvidXchange per payment and the "by invoice volume" pricing they have.

Pros

The ability to control every condition, trigger, and step of workflow automation was a huge plus for us.

Cons

AvidXchange coulnd't connect via API or 3rd party integration to our ERP system but we quickly worked around that and the solution in place is fantastic

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Cameron V.

Growing Commercial Real Estate Company

2021-09-16

Benefits we are realizing include an orderly electronic invoice flow with solid approval processes.

Pros

This product scales, as must have feature in a growth business.

Cons

The back end desperately needs a user interface update.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Kylee L.

Invoices and payments made easy!

2019-07-25

Now, because our workflows are streamlined within the software, we have all of that invoice data at our fingertips.

Pros

AvidXchange is one of the easiest software platforms I have ever had to learn when it comes to invoicing and payments.

Cons

Our entire Marketing team has raved about how easy it is to send invoices and have them processed for review.

Rating breakdown

Value for money
Ease of use
Features

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Management Consulting company, 201-500 employees)

AvidXchange for Invoice Approval

2018-10-24

Pros

Invoice approval information is retained historically, which allows for an audit trail that can be shared with auditors.

Cons

Sometimes the files to attach are too large so you have to cut them down or compress to get them to upload.

Rating breakdown

Ease of use
Features

Time used: Less than 6 months

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Amy D.

Seamless approvals and time saving

2021-09-17

Pros

The approval process is seamless and the memorization of accounts to properties makes this process much faster than what we were doing before AvidXchange.

Cons

The reports are not user friendly.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Hong R.

Great addition to our Business

2021-08-19

Overall I believe it is a great addition to our Business. The time saved is quite a difference.

Pros

The invoicing, paying out, invoice capture

Cons

The check payment history is hard to use and also doesn't always give enough information

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Danielle M.

Avid Xchange

2018-12-19

So easy to use; love being able to send comments through invoices and everything is well documented - great for audits

Pros

Covers all bases and completely paperless

Cons

No cons at all as long as you are using a supported browser

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Judi C.

Avid Review

2021-08-19

Pros

Easy to use Integration went smoothly and quickly

Cons

Difficulty in deleting unwanted invoices

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Marc N.

Avid Exchange has completely streamlined our AP process.

2018-07-19

Improved AP workflow, all automated and no more paper!

Pros

Once the workflows are setup invoices move seamlessly through the approval process.

Cons

Would love to see them offer for payments to be paid via ACH rather than just virtual card or check.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Jeff S.

Avidexchange functionality

2021-09-17

Simple and efficient way to process invoice payment

Pros

Easy way to approve invoices electronically.

Cons

The software meets all my requirements of an approver of tenant invoices

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Grace L.

Avoid at All Costs

2019-06-13

Pros

We used the software to manage invoices for condo associations and if you are a property manager, we would highly recommend using Appfolio instead.

Cons

The company would not prorate our bill even though we did not use the system in the final month.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

0/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Commercial Real Estate company, 11-50 employees)

AvidXchange helps us get our vendors paid quickly

2018-10-10

Pros

I really appreciate the fact that there is no longer paper invoices floating around the office & potentially getting lost on someone's desk.

Cons

It would be helpful if there was an easy way to import from a .csv file.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Real Estate company, 51-200 employees)

I have been using Avid for about 4 years to review and approve various departmental invoices.

2018-07-26

Pros

I like that it is easy to find invoices already in the system.

Cons

What I like least about this software is that once the invoice has been approved and batched to be paid on a certain date, there really is no way for you to know if the check has been cut or sent until the accounts payable department manually updates each invoice with it's check image and number.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No

Response from AvidXchange


Thank you for the review! Great to see that we're helping your AP process be more efficient.

I would love to learn more about the challenges you're having with check payments so we can make sure our product team is aware. Please feel free to reach out. Thank you!

Read more
Jennifer F.

8.19

2021-08-19

Pros

Avid invoice processing and coding is easily mainstreemed

Cons

The payments through avid take way too long

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Joan W.

We use Avid for invoice processing.

2018-04-30

Pros

Vendors also send their invoices to AvidXchange and the Avid processors extract the data from the invoices and reimbursement requests.

Cons

I feel sometimes the processors are in a hurry and mistype a vendor name or a campus location which creates an error on our end that we have to correct.

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Joseph S.

Worth the investment

2019-01-26

Accounts Payable

Pros

It would take a lot more time with out it.

Cons

I wasn't involved in the setup, but my co-workers said it took awhile before things really started working well.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Bridget C.

AvidxChange Review

2020-10-06

I have had a great overall experience and have recommended it to many others.

Pros

It makes coding invoices and processing checks seamless.

Cons

It would be helpful for the interface to be updated

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more