Products / AvidInvoice

Invoice Automation Software

AI-powered invoice management with anytime, anywhere visibility.

Invoice automation solution

AvidInvoice automated invoice processing is our web-based, paperless invoice management platform built to improve the way B2B companies manage invoice processing. Streamline your entire invoice process with:

Automated invoice data extraction software and routing
AI and Machine Learning for quick and accurate data entry
Customizable approval workflows
Real-time visibility into invoice status
Powerful reporting and analytics
Best-in-class service and support

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Power your business with invoice automation

Reduce inefficiencies while maintaining control and staying organized thanks to paperless invoices and custom processes.

Go Paperless

Save time and paper with the ability to receive, track and approve invoices digitally. In addition to reducing the cost of managing paper invoices, an entirely digital platform increases efficiency while reducing fraud and potential errors.

Design Processes and Workflows

Drop your manual processes without missing a step thanks to a custom approval process and workflows designed to suit your business needs.

Your invoices can be automatically coded, assigned to the proper workflow and routed electronically for approval – keeping your finances circulating without interruption.

Gain Anytime, Anywhere Visibility

Keep an eye on your invoice statuses regardless of time or place with real-time reporting. Check accounts, growth and performance on any device, offering the visibility and freedom to make updates on the go.

Make data-driven decisions with AvidAnalytics, our embedded business intelligence solution.

Integrations tailored to you

Frequently Asked Questions

How do my invoices get into AvidInvoice?

We make it simple. Paper invoices are either scanned into an electronic format or electronically submitted directly into the software—via email or P.O. Box. Our full-service solution uses artificial intelligence (AI) to extract critical data quickly and accurately, with our indexing specialists available for an additional validation layer.

How will AvidInvoice impact my existing workflow?

AvidInvoice is flexibly designed to meet your business needs. You can easily track and manage approvals without the inefficiencies and paper—wherever you are and from any device.

Does your product support PO matching?

Yes. AvidInvoice supports 2-way (PO and Invoice) and 3-way matching (PO, Invoice and Receipt).

What is invoice automation?

Invoice automation uses technology and software to streamline and automate the invoice management process. By removing manual, paper-based tasks, businesses can digitize their invoice data along with the associated management process. This automation improves the efficiency, accuracy, and speed of invoice processing.

Key features of invoice automation include digital (rather than paper) invoices, automated invoice approval workflows, anytime/anywhere visibility, convenient e-payment options, and seamless integration with accounting systems.

CUSTOMER TESTIMONIAL

"We always know where invoices are and whose virtual desk they’re sitting on..."

Shanna Williams

AP Manager, RXR Realty

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

Invoice Automation Software

Invoice automation solution

Power your business with invoice automation

Go Paperless

Design Processes and Workflows

Gain Anytime, Anywhere Visibility

Integrations tailored to you

Frequently Asked Questions

"We always know where invoices are and whose virtual desk they’re sitting on..."

Automating your AP is within reach

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