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 scalable accounts payable software solutions. Increase efficiency, reduce risk and gain visibility…all without giving up control. Our invoice-to-pay solution eliminates the paper chase costing your team time and money.

Optimize Your Accounts Payable Process

Hover over each box to discover how AvidXchange’s paperless accounts payable software can help you take your business to the next level.

Reduce Costs

No more wasted efforts signing, stuffing, stamping and sending stacks of paper checks. Review, code and approve payments with a few clicks.

Scale For Growth

Savings from eliminating the hard costs associated with paper payments allow your current team to keep up with a growing workload.

Work Remotely

Our cloud based accounts payable platform provides online access 24 hours a day, seven days a week so you have flexibility when you need it.

Reduce Fraud

Enhance your financial security by leveraging e-payment adoption, while providing your vendors with flexible payment options.

AVIDINVOICE: Paperless Invoice Processing

Our AI-powered 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 using machine learning, 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
Reduce 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 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 with flexible, managed payment options like Mastercard, AvidPay Direct (our Enhanced Direct Deposit option) or check.

Make faster and more secure payments to suppliers backed by one of the middle market’s largest supplier networks
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

Ap Automation That Works with Your Accounting System

AvidXchange’s accounts payable software doesn’t replace your existing accounting system. Instead, we’ve built more than 180 integrations between our AP automation solutions and widely-used accounting software systems for the middle market.

Don’t see your accounting system? Check out our integrations page to see all the systems and ERPs that AvidXchange can integrate with.

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SEE ALL INTEGRATIONS

…Plus dozens of other popular business accounting systems.

BANKS ACROSS THE COUNTRY TRUST AVIDXCHANGE

It’s very user friendly. It’s intuitive. AvidXchange has really transformed our Accounts Payable process.

– Danielle Pickard, VP of Financial Controls at Radius Bank

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NC Tech Association Mid-Size Tech Company of the Year

Inc. 5000 Fastest Growing Private Company

Forbes Cloud 100 for Fourth Consecutive Year

Deloitte Technology Fast 500

READY TO LIBERATE YOUR AP?

AvidXchange is transforming how middle-market companies are managing and making bill payments with invoice and payment automation.

If you’re ready to find out how, complete and submit the form to arrange a time to meet with one of our AP automation experts.

Upon submission of the form, you’ll be prompted to choose a convenient date and time for a call with one of our friendly representatives. Of course we’re happy to hear from you via phone or email as well.

SCHEDULE A DEMO

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Accounts Payable Solutions for the Banking Industry

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

Optimize Your Accounts Payable Process

Reduce Costs

Reduce Costs

Scale For Growth

Scale For Growth

Work Remotely

Work Remotely

Reduce Fraud

Reduce Fraud

AVIDINVOICE: Paperless Invoice Processing

AVIDPAY: B2B Bill Payment Automation

Ap Automation That Works with Your Accounting System

BANKS ACROSS THE COUNTRY TRUST AVIDXCHANGE

Related Resources

EFT Payments – The Guide to Electronic Fund Transfers

3 Ways Consumer FinTech is Driving B2B Payments Innovation

How Community Trust Bank Built a Case for AP Automation

NC Tech Association Mid-Size Tech Company of the Year

Inc. 5000 Fastest Growing Private Company

Forbes Cloud 100 for Fourth Consecutive Year

Deloitte Technology Fast 500

READY TO LIBERATE YOUR AP?

SCHEDULE A DEMO

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