AP & Payment Automation
INVOICE PROCESSING AUTOMATION
Our invoice management system is built to automate your company’s current invoice processing. No matter how many invoices you have, they’ll be automatically coded, assigned to the appropriate workflow, and routed electronically for invoice approval. Once invoices get your stamp of approval, they flow directly into your accounting system for automated payment processing.
BILL PAYMENT AUTOMATION
AvidPay is our full-service bill payment software. Trade in paper, stamps, and wasted time for a few simple clicks to pay all of your vendors without worry. Get your suppliers paid faster than ever with flexible, managed payment options like Mastercard, AvidPay Direct (our Enhanced Direct Deposit option) or check.
PROCUREMENT AND PURCHASE ORDER AUTOMATION
AvidBuy from AvidXchange is a purchase order software application that is a comprehensive, web-based solution enabling you to automate your company’s purchase order process and control costs by preventing unwanted purchases.
Key features
- Eliminate manual data entry, reduce errors and save valuable time for your AP team
- Manage invoices, workflows and electronic payments through a cloud-based solution
- Make fast and secure payments to suppliers backed by the largest supplier network
- Track and manage approvals using smart workflows
- 24/7 access to the latest status information from any mobile device
- Gain more visibility and control by checking invoice statuses from anywhere, anytime on any device
- Reduce processing costs by eliminating check printing, envelopes, postage and time spent following up on uncashed checks
- Gain control of the who, what and when of your purchasing process
About AvidXchange
AvidXchange is the industry leader in automating invoice and payment processes for mid-market businesses. Founded in the year 2000, AvidXchange processes over $140 billion transactions annually across its network of more than 680,000 suppliers, transforming the way 6,000 customers in North America pay their bills. AvidXchange is distinguished as a global fintech unicorn and one of the fastest growing technology companies in the U.S. with 1,500 employees supporting customers across seven office locations. For more information, visitwww.AvidXchange.com.
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