AvidXchange

Streamline your accounts payable processes and enhance financial efficiency.

Streamline Procurement With Automated Purchase Orders and Faster Approvals.

Streamline invoice processing with automated capture, validation, and approval.

Enhances supplier payment efficiency with secure automation.

Streamlines and automates the entire accounts payable process for efficiency and accuracy.

Streamlines supplier management and transaction processing for businesses.

Streamline your accounts payable processes with seamless integrations across multiple platforms.

Capabilities that automate the procure-to-pay lifecycle including requisitions, purchase orders, configurable approvals, 3-way matching, and invoice-to-payment workflows to increase efficiency and control.

Products: Accounts Payable Automation, Invoice Automation, Payment Automation, Purchase Order Automation

Platforms that enable supplier onboarding, collaboration, invoice status visibility, supplier care, and straight-through processing via a connected supplier network.

Products: AvidXchange Supplier Hub, Accounts Payable Automation, Accounts Payable as a Service

Managed services that handle end-to-end accounts payable operations, combining automation with service-led processing and supplier management.

Products: Accounts Payable as a Service

Two-way integrations with ERP and accounting systems to synchronize vendor, invoice, and payment data and maintain single source of truth.

Products: All Integrations, Accounts Payable Automation, Invoice Automation, Payment Automation, Purchase Order Automation

Accounts Payable Automation

Cloud-based accounts payable automation software that automates invoice processing, purchase order workflows, and payments. Integrates with leading ERP and accounting systems, and supports supplier management through a connected supplier network. Designed to accelerate financial cycles, reduce manual tasks, and improve data accuracy across AP processes.

Category: Accounts Payable Automation Software

• Integrate Effortlessly
  Easily connect with major ERP platforms, enhancing overall operational efficiency.
• Reduce Manual Data Entry
  Streamline invoice processing, ensuring quick approvals and eliminating human errors.
• Pay Accurately and On Time
  Ensure timely and secure payment transactions while reducing administrative burdens.
• Streamline Procurement Processes
  Optimize purchase order management for efficient procurement operations.
• Collaborate with Ease
  Enhance supplier relations and collaboration through integrated communication tools.
• Enhance Accuracy
  Minimize errors in data entry and processing, ensuring reliable financial information.

Purchase Order Automation

Automates the creation, routing and approval of purchase orders, enabling streamlined procurement and faster cycle times. Integrates with ERP systems and supports supplier collaboration.

Category: Procurement Software

• Sync PO Data Seamlessly
  Ensure timely updates and data accuracy by connecting with existing ERP systems, facilitating better tracking and management of purchase orders.
• Accelerate Purchase Approvals
  Streamline the approval process with automated workflows, ensuring that purchase orders are reviewed and approved quickly, thereby reducing delays.
• Create and Route POs Automatically
  Simplifies purchase order management by automatically generating and directing POs through designated approval channels, enhancing operational efficiency.
• Enhance Supplier Collaboration
  Boost collaboration with suppliers for timely deliveries and better procurement management through integrated communication tools.

Invoice Automation

Automates supplier invoice capture, validation, and approval to accelerate processing and reduce manual data entry. Integrates with existing ERP and AP workflows.

Category: Accounts Payable Automation Software

• Integrate Seamlessly
  Ensure smooth data flow between your invoice automation system and existing ERP or AP platforms.
• Capture Invoices Automatically
  Reduce manual entry errors and speed up processing time by automatically capturing invoices using advanced recognition technologies.
• Route Invoices Automatically
  Enhance efficiency by automatically directing invoices through the approval process, ensuring timely payments.
• Gain Insights Instantly
  Access live updates on invoice statuses, enhancing decision-making and operational transparency.
• Process Payments Efficiently
  Streamline your financial operations by automating payment schedules and methods to maintain good supplier relationships.

Payment Automation

Automates supplier payments, enabling secure, timely processing and reconciliation within AP workflows. Supports streamlined payout cycles and audit-ready records.

Category: Accounts Payable Automation Software

• Ensure Secure Transactions
  Delivers robust security measures and compliance checks, maintaining an audit-ready status for all payment transactions.
• Automate Supplier Payments
  Reduces manual effort and errors by automating the entire supplier payment process, ensuring timely and accurate payments.
• Align Payments With Workflows
  Ensures that all payment processes are seamlessly integrated with the organization's current accounts payable workflows.
• Seamlessly Integrate With ERPs
  Ensures compatibility and data consistency with existing ERP systems, enabling a cohesive financial management ecosystem.
• Track Payments Instantly
  Allows users to monitor payment statuses in real-time, improving accountability and facilitating reconciling processes.

Accounts Payable as a Service

Outsourced accounts payable service that handles end-to-end AP processes for organizations seeking managed automation.

• Streamlines AP Processes
  Ensures a seamless AP experience by managing everything from invoice capture to payment processing, helping organizations save time and resources.
• Enhances Efficiency
  Reduces manual intervention through automated workflows, minimizing errors and improving processing speed while allowing businesses to focus on strategic initiatives.
• Enables Smooth Data Flow
  Ensures data consistency and accuracy across platforms, allowing for better financial visibility and compliance.
• Facilitates Timely Payments
  The supplier network allows for quicker transactions and enhances supplier relationships through streamlined communication and timely payments.

AvidXchange Supplier Hub

A supplier hub network enabling onboarding, collaboration, and integration with straight-through processing for supplier transactions.

• Automate Transaction Processing
  Enables seamless and uninterrupted processing of supplier transactions, minimizing errors and manual tasks.
• Simplify Supplier Registration
  Streamlines the process for suppliers to join the network, allowing for quicker integration and engagement.
• Track Invoice Status
  Empowers suppliers with immediate access to the current status of their invoices, enhancing transparency and reducing inquiries.
• Integrate Seamlessly
  Allows organizations to connect the Supplier Hub with their existing financial systems for a unified approach to accounts payable.
• Provide Supplier Support
  Ensures suppliers receive comprehensive assistance during onboarding and throughout their engagement with the platform.
• Foster Collaboration
  Provides features that facilitate dialogue and improve relationships with suppliers, creating a more efficient network.

All Integrations

All integrations with ERP and accounting systems, enabling seamless data exchange and unified AP workflows.

• Streamlines Accounts Payable Management
  Consolidates workflows in one platform, reducing manual intervention and improving productivity.
• Integrates Seamlessly With Popular Systems
  Offers broad compatibility with major ERP platforms to facilitate smooth transactions.
• Ensures Accurate Data Flow
  Facilitates real-time data updates, minimizing errors and enhancing operational efficiency.
• Enhances Supplier Interactions
  Links organizations to a wide network of suppliers for improved procurement processes.