Accounts Payable Solutions for the Banking Industry

ENJOY 24/7 VISIBILITY WITHOUT OPENING A SINGLE FILE DRAWER.

1 in 4 banks across the United States work with us to automate the receiving, approving and paying of invoices.

AvidXchange helps banks and financial services providers take back their time with a suite of purpose-built, scaleable accounts payable software solutions. Maximize efficiency, reduce risk and gain visibility…all without giving up an ounce of control. Our seamless invoice-to-pay solution eliminates the paper chase costing your team time and money.

Efficiently Manage Invoices

Stop stuffing printed invoices in file cabinets. Scan your invoice into an electronic format or submit them using our Invoice application in seconds.

Centralize Invoices and Speed Up Approvals

Leverage a flexible online invoice approval process for expedited processing. Eliminate manual data entry and enable mobile invoice review and approval.

Secure, Streamlined Payments

Send payments securely and provide multiple payment options to reduce fraud and ensure every supplier is paid on their terms.

24-7 access and Real-Time Reporting

Invoices are standardized, coded, and posted online for easy visibility. Enjoy 24-7 access from anywhere with an internet connection.

BANKS ACROSS THE COUNTRY TRUST AVIDXCHANGE

AVIDINVOICE: Paperless Invoice Processing

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.

Receive, track and approve invoices in the workflow you follow today, but without the inefficiencies and paper
Eliminate manual data entry, reduce errors and save valuable time for your AP team
Gain more visibility and control by checking invoice statuses from anywhere, anytime on any device

AVIDPAY: B2B 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.

Make fast and secure payments to suppliers backed by the largest supplier network
Create custom workflows with 24/7 visibility into payment status and approvals
Reduce processing costs by eliminating check printing, envelopes, postage and time spent following up on uncashed checks

INTEGRATE WITH YOUR CURRENT FINANCIAL SERVICES MANAGEMENT ACCOUNTING SYSTEMS

Avidxchange’s products don’t replace your existing accounting software. Instead, our industry-leading Accounts Payable solutions seamlessly integrate with over 150 of the most popular business accounting systems. After all, we’re here to help streamline your payment processes, not pile on to your pain.