Products / AvidPay

AvidPay: Automated B2B Payment Processing

Optimize your payment process through AI-enhanced automation.

AI-Enhanced Payment Automation Software

AvidPay helps eliminate the manual, risk-prone payment processes that slow your AP team down without disrupting the way you already work. Your accounting system stays your system of record, every payment comes with clean reconciliation data, and AI works continuously in the background to help detect fraud and execute payments faster. AvidPay gives teams efficiency, visibility, and control to finally get ahead of the process with:

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Benefits of Payment Automation with AvidPay

Increase efficiency, visibility, and control while scaling for growth and improving supplier relationships.

Increase Efficiency and Savings

With 225+ accounting system integrations and a singular, trusted platform, you can approve payments anytime, anywhere. You control what gets paid and when. We handle everything after that. Say goodbye to manual workflows and reduce costs while gaining speed.

Gain Visibility All in One Place

Get a real-time, centralized view of all your payments and approvals—so you’re never in the dark. Role-based access ensures your team sees only what they need, while built-in audit trails help you stay compliant without the extra effort.

Achieve Greater Control and Confidence

Stay ahead with a payment solution built for your business. AvidPay gives you customizable workflows and flexible payment options, while AI runs continuously in the background to help detect anomalous behavior and optimize fraud rules, so your protection gets smarter over time.

Integrations tailored to you

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Frequently Asked Questions

Do our suppliers need to be enrolled in the AvidPay Network for us to pay them?

No. Any supplier we make a payment to on your behalf is automatically part of the AvidPay Network. Our dedicated team of supplier experts takes support a step further to ensure your suppliers are taken care of by consulting them on their preferred payment method.

What are the payment methods that you use?

AvidXchange sends the payments to your suppliers, but you remain in complete control of approving the payments to be issued and have full visibility to track these transactions.

We make payments to vendors based on their preferences using Mastercard, AvidPay Direct or a paper check.

You select payments from your accounting system just like you do today, but instead of selecting them for print, you select them to pay. Payments then get transmitted to the software application and your payment process begins. Based on your company’s current payment approval processes, payment files can be routed to approvers for final approval before they’re sent to suppliers.

Your company’s accounting system remains your system of record, and you’ll receive files with all the automated payment information your company needs for reconciliation of your B2B bill payments.

How do you integrate with my existing accounting system?

We support hundreds of ERP and accounting system integrations. These systems increasingly use application programming interfaces (APIs). With an API, we help enable the AP software to “plug into” and “talk to” the accounting software.

AvidXchange helps reduce the manual, paper-based effort required for processing invoices and payments and allows companies to pay bills with a few simple clicks or keystrokes – anytime, from anywhere.

CUSTOMER TESTIMONIAL

“The productivity gains attained through automation will lead to a savings snowball effect as we scale for growth."

Christopher P.

Colliers International

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