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AvidXchange
AvidXchange · Charlotte, North Carolina, United States · founded 2000
What it is
AvidXchange automates accounts payable for middle-market businesses, covering invoices, approvals, purchasing, and payments. AvidInvoice uses AI to extract invoice data, route invoices, support customizable approval workflows, and show invoice status in real time. It handles two-way purchase-order matching and three-way matching with a receipt. Purchase automation adds purchase orders, visual approvals, and integrated matching. AvidPay automates business bill payments while customers retain payment approval control and track status. AvidXchange says it offers 240 accounting-system integrations, including Oracle NetSuite, QuickBooks, Microsoft, Sage, Acumatica, Blackbaud, MRI, and Yardi. Its AI is described as extracting invoice data with 99%+ accuracy and recommending approval actions. Suppliers can use the Supplier Hub to check invoice and payment status 24/7. The company describes layered security, fraud monitoring, multifactor authentication support, vulnerability management, and compliance resources including SOC 1 Type 2, SOC 2 Type 2, PCI DSS v4.0.0, and NIST CSF.
For and against
For
- Automates invoices, approvals, purchasing, and payments
- Supports two-way and three-way matching
- Offers 240 accounting integrations
- Provides supplier status access 24/7
- Includes fraud monitoring and multifactor authentication support
Against
- Pricing is available only through sales
- Implementation time varies by business environment
- AI extraction claims are maker-provided
The verdict
AvidXchange combines invoice automation, purchasing controls, payment execution, and broad accounting connectivity. Its security and supplier tools add operational coverage, while buyers must contact sales for pricing and implementation details.
Who it suits
AvidXchange is aimed at middle-market organizations in industries such as real estate, construction, healthcare, hospitality, education, financial services, and nonprofits. It suits teams seeking web or API-based AP automation with accounting integrations and supplier status access.
Plans and prices
AvidXchange AP automation solutions
Contact sales for a demo; the page does not list pricing
Read 8 Oct 2026 · avidxchange.com
On the record
- AI capabilities
- AvidXchange says its AI can extract invoice data with 99%+ accuracy and help match invoices to purchase orders and recommend approval actions.avidxchange.com · read 8 Oct 2026
- Approval workflows
- Yesavidxchange.com · read 23 Sep 2026
- Compliance
- AvidXchange says its security approach is guided by COSO, PCI DSS, and NIST, and that it is a licensed money transmitter.avidxchange.com · read 8 Oct 2026
- Examples of integrations
- Featured accounting system integrations include Oracle NetSuite, Intuit QuickBooks, Microsoft, Sage, Acumatica, Blackbaud, MRI, and Yardi.avidxchange.com · read 8 Oct 2026
- Fraud prevention
- Its security page says it evaluates 135+ risk signals and uses payment anomaly detection, Positive Pay, account compromise monitoring, and login alerts.avidxchange.com · read 8 Oct 2026
- Implementation
- The company says implementation time varies by business and accounting environment, and many customers are running in as little as six weeks.avidxchange.com · read 8 Oct 2026
- Integrations
- AvidXchange says it offers 240 accounting system integrations, allowing businesses to automate AP without changing their current system.avidxchange.com · read 8 Oct 2026
- Invoice automation
- Its invoice automation extracts, matches, and routes invoice data, with experts supporting accuracy, visibility, and control.avidxchange.com · read 8 Oct 2026
- Invoice capture
- aiavidxchange.com · read 23 Sep 2026
- Multi-entity support
- Yesavidxchange.com · read 23 Sep 2026
- Payment automation
- Payment automation offers electronic business payment options intended to reduce manual work and streamline reconciliation.avidxchange.com · read 8 Oct 2026
- Payment execution
- Yesavidxchange.com · read 23 Sep 2026
- Payments
- AvidPay automates business bill payments while customers retain control over approving payments and can track their status.avidxchange.com · read 8 Oct 2026
- Pricing
- The pages reviewed direct visitors to book a demo or contact sales and do not state a software price.avidxchange.com · read 8 Oct 2026
- Purchase automation
- Purchase automation supports purchase orders, visual approvals, invoice matching, and integrated two-way or three-way matching.avidxchange.com · read 8 Oct 2026
- Purchase matching
- AvidInvoice supports two-way purchase order and invoice matching, as well as three-way matching with a receipt.avidxchange.com · read 8 Oct 2026
- PO matching
- Yesavidxchange.com · read 23 Sep 2026
- Security
- AvidXchange describes layered security controls, fraud monitoring, multi-factor authentication support, and vulnerability management.avidxchange.com · read 8 Oct 2026
