AvidXchange
avidxchange.com
What it is
AvidXchange automates accounts-payable work for middle-market businesses, including invoice processing, approvals, purchasing, and payments. AvidInvoice uses AI to extract invoice data, route invoices, support customizable approval workflows, and show status in real time. It supports two-way purchase-order matching and three-way matching with a receipt. AvidPay automates business bill payments while customers retain approval control and can track payment status. The company says it offers 240 accounting-system integrations, including Oracle NetSuite, Intuit QuickBooks, Microsoft, Sage, Acumatica, Blackbaud, MRI, and Yardi. Its AI is described as extracting invoice data with 99%+ accuracy, matching invoices to purchase orders, and recommending approval actions. Suppliers can check invoice and payment status through the AvidXchange Supplier Hub 24/7. The service supports web and API access, multi-entity use, approval workflows, purchase-order matching, and payment execution. AvidXchange describes layered security, fraud monitoring, multifactor-authentication support, and vulnerability management. Pricing is paid and available on request.
Spec sheet
- What it does
- AvidXchange automates accounts payable workflows, including invoice processing, approvals, purchasing, and payments.Read 8 Oct 2026 · avidxchange.com
- Integrations
- AvidXchange says it offers 240 accounting system integrations, allowing businesses to automate AP without changing their current system.Read 8 Oct 2026 · avidxchange.com
- Security
- AvidXchange describes layered security controls, fraud monitoring, multi-factor authentication support, and vulnerability management.Read 8 Oct 2026 · avidxchange.com
- Compliance
- AvidXchange says its security approach is guided by COSO, PCI DSS, and NIST, and that it is a licensed money transmitter.Read 8 Oct 2026 · avidxchange.com
- Support
- The company offers customer care, live chat, product-specific support options, a community with guides and instructional videos, and on-demand courses.Read 8 Oct 2026 · avidxchange.com
- Headquarters
- Charlotte, North Carolina, United StatesRead 28 Sep 2026 · avidxchange.com
- Founded
- 2000Read 28 Sep 2026 · avidxchange.com
- AI capabilities
- AvidXchange says its AI can extract invoice data with 99%+ accuracy and help match invoices to purchase orders and recommend approval actions.Read 8 Oct 2026 · avidxchange.com
- Approval workflows
- YesRead 23 Sep 2026 · avidxchange.com
- Examples of integrations
- Featured accounting system integrations include Oracle NetSuite, Intuit QuickBooks, Microsoft, Sage, Acumatica, Blackbaud, MRI, and Yardi.Read 8 Oct 2026 · avidxchange.com
- Fraud prevention
- Its security page says it evaluates 135+ risk signals and uses payment anomaly detection, Positive Pay, account compromise monitoring, and login alerts.Read 8 Oct 2026 · avidxchange.com
- Implementation
- The company says implementation time varies by business and accounting environment, and many customers are running in as little as six weeks.Read 8 Oct 2026 · avidxchange.com
- Invoice automation
- Its invoice automation extracts, matches, and routes invoice data, with experts supporting accuracy, visibility, and control.Read 8 Oct 2026 · avidxchange.com
- Invoice capture
- aiRead 23 Sep 2026 · avidxchange.com
- Multi-entity support
- YesRead 23 Sep 2026 · avidxchange.com
- Payment automation
- Payment automation offers electronic business payment options intended to reduce manual work and streamline reconciliation.Read 8 Oct 2026 · avidxchange.com
- Payment execution
- YesRead 23 Sep 2026 · avidxchange.com
- Payments
- AvidPay automates business bill payments while customers retain control over approving payments and can track their status.Read 8 Oct 2026 · avidxchange.com
- PO matching
- YesRead 23 Sep 2026 · avidxchange.com
- Pricing
- The pages reviewed direct visitors to book a demo or contact sales and do not state a software price.Read 8 Oct 2026 · avidxchange.com
- Purchase automation
- Purchase automation supports purchase orders, visual approvals, invoice matching, and integrated two-way or three-way matching.Read 8 Oct 2026 · avidxchange.com
- Purchase matching
- AvidInvoice supports two-way purchase order and invoice matching, as well as three-way matching with a receipt.Read 8 Oct 2026 · avidxchange.com
- Supplier network
- Suppliers can use the AvidXchange Supplier Hub to track invoice and payment status 24/7.Read 8 Oct 2026 · avidxchange.com
- Target customers
- AvidXchange says its AP automation is built for middle-market businesses.Read 8 Oct 2026 · avidxchange.com
- Web access
- AvidAscend is a web-based accounting suite designed to integrate with financial institutions’ core banking systems.Read 8 Oct 2026 · avidxchange.com
- Who it serves
- Its AP automation solutions are built for middle-market businesses and cover industries including real estate, construction, financial services, healthcare, hospitality, education, and nonprofits.Read 8 Oct 2026 · avidxchange.com
Plans and prices
Strong points and limits
Strong points
- AI invoice extraction and routing
- Two-way and three-way matching
- 240 accounting-system integrations
- Supplier status access 24/7
- Payment approval remains customer-controlled
Limits
- Pricing is not published
- Implementation time varies by business
- Support hours are weekday daytime
Who it suits
AvidXchange is for middle-market organizations in industries such as real estate, construction, healthcare, hospitality, education, financial services, and nonprofits.
Verdict
AvidXchange covers invoice intake, purchasing controls, approvals, and payments with broad accounting integrations. Buyers should expect a sales-led purchase and implementation shaped by their accounting environment.
Where Specifiction places it
- Accounts Payable Software#21 of 978.2
- Accounts Payable Automation Software#8 of 328.2
- AI Invoice Processing Software#9 of 308.2
- Invoice OCR Software#13 of 258.2