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AvidXchange vs Rossum AP Automation

AvidXchange

avidxchange.com

Rossum AP Automation

rossum.ai

Side by side

FigureAvidXchangeRossum AP Automation
Price from—$1,500/mo
Free plan——
Free trial—Yes
Open source——
WebYesYes
APIYesYes
Plans published14
Spec score · Accounts Payable Software8.2 (#21)8.7 (#7)
Spec score · Invoice OCR Software8.2 (#13)8.4 (#8)
Approval workflowsYesYes
Founded2000LinkedIn lists Rossum as founded in 2017.
ImplementationThe company says implementation time varies by business and accounting environment, and many customers are running in as little as six weeks.Rossum’s knowledge base says implementation can be completed in less than one day.
IntegrationsAvidXchange says it offers 240 accounting system integrations, allowing businesses to automate AP without changing their current system.Rossum offers API and SFTP connectivity plus integrations including SAP, Coupa, Workday, Oracle, NetSuite, Sage, QuickBooks and Microsoft Dynamics.
Invoice captureaiai
PO matchingYesYes
SupportThe company offers customer care, live chat, product-specific support options, a community with guides and instructional videos, and on-demand courses.Rossum’s Standard support includes its online knowledge base, user guides, webinars, API documentation, and email support.
What it doesAvidXchange automates accounts payable workflows, including invoice processing, approvals, purchasing, and payments.Rossum is a cloud document-automation platform that reads transactional documents, validates and transforms their data, communicates about exceptions, and sends results to business systems.

Plans

AvidXchange

  • AvidXchange AP automation solutionsPriced on request

AvidXchange pricing →

Rossum AP Automation

  • Starter$18,000 a year
  • BusinessPriced on request
  • EnterprisePriced on request
  • UltimatePriced on request

Rossum AP Automation pricing →

In their own words

AvidXchange

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.

Visit avidxchange.com

Rossum AP Automation

Rossum AP Automation has no write-up on Specifiction yet; its figures are above.

Visit rossum.ai