Products / AvidAscend

Accounting and AP Automation Software

Financial services accounting made better with invoice-to-pay automation.

Invoice-to-pay automation

AvidAscend is a web-based accounting suite designed to integrate with a financial institution’s core accounting system. Our invoice-to-pay solution for financial services enables accounting teams within banks and credit unions to electronically manage your accounts payable process, vendor payments, fixed assets, expense reports, prepaid and accruals and more. Available modules include:

Accounts Payable Automation
Invoice Inbox
Approval Workflow
Fixed Assets
Prepaids and Accruals
Expense Report Reimbursement
Purchase Requisitions
Vendor and Shareholder Management

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Power your business with invoice-to-pay automation

Reduce inefficiencies while maintaining control and staying organized thanks to paperless AP and custom processes with AvidAscend.

Go Digital

Streamline your entire AP process from invoice to pay while customizing automated approval workflows with a 100% digital solution.

Leverage Intelligent Document Processing (IDP), automated invoice coding, cloud-based data storage and automatic PFAC checks on new vendors and with every payment issued with our automated solution.

Integrate Your Core System

We are a preferred partner of some of the most widely used core systems servicing the financial services industry including Jack Henry, Symitar, CSI, FIS, Finastra and DCI.

Seamlessly integrate AvidAscend with these core systems and never miss a beat.

Ensure Regulatory Compliance

Add to your regulatory compliance practices by leveraging AvidAscend features including automatic OFAC checks on new vendors and with every payment run, full historical accounting visibility and easy, efficient research and reporting capabilities.

Integrations tailored to your core platform

Frequently Asked Questions

How do you automate a bank or credit union’s accounts payable department?

With our solutions, like AvidAscend, the combination of software and services converts invoices into digital formats, organizes the invoices within the system, routes them for approvals and issues payments to suppliers once they are approved. Automating AP not only helps eliminate paper; it streamlines the process and provides 24/7 visibility into the status of invoices, approvals and payments.

Does AvidAscend connect to my existing software?

Yes, AvidAscend connects to your core system. AvidXchange has created hundreds of integrations between our AP automation software and widely used accounting and core systems, including many of the leading systems that service banks and credit unions, such as Corelation, CU Answers, CSI, DCI, FIS, Finastra, Fiserv, Jack Henry and MDT.

How long does it take to implement an accounts payable automation solution for my bank or credit union?

Our solutions, like AvidAscend, are user-friendly, flexible, and implemented through a superior customer onboarding process that takes 45 days or less to complete.

CUSTOMER TESTIMONIAL

"We've been able to scale our organization without having to add staff because of the efficiencies we've seen."

David Weems

Senior Vice President, First Financial Bank

SOFTWARE REVIEWS

4.6/5 (104)

★★★★★ 4.6/5

★★★★★★★★★★ 8.6/10

★★★★★ 4.6/5

NEW: Our Supplier Network Portal makes it easy to track invoice and payment status.

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AvidXchange Headquarters

Charlotte, NC

Accounting and AP Automation Software

Invoice-to-pay automation

Power your business with invoice-to-pay automation

Go Digital

Integrate Your Core System

Ensure Regulatory Compliance

Integrations tailored to your core platform

Frequently Asked Questions

"We've been able to scale our organization without having to add staff because of the efficiencies we've seen."

Automating your AP is within reach

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