What is AvidXchange?
AvidXchange is a comprehensive accounts payable automation platform that streamlines and digitizes the entire invoice and payment process for middle market businesses. The software-as-a-service solution integrates seamlessly with leading accounting systems, providing users with a single, centralized dashboard to manage all invoices, purchase orders, and payments
Highlights
- Automated invoice processing: Eliminates manual data entry and document management, with invoices flowing directly into the accounting system for approval and payment
- Customizable approval workflows: Enables businesses to configure 2-way and 3-way matching rules to align with their unique requirements
- Supplier network and payment options: Facilitates secure, on-time payments to over 965,000 supplier customers through a range of payment methods, including virtual cards, enhanced direct deposit, and check
- Reporting and audit trails: Offers powerful reporting tools and detailed audit information on every invoice and payment transaction.