Invoice Processing Software

industry-leading Invoice Automation

AvidInvoice – our automated invoice management software powered by machine learning – streamlines your entire invoice process while matching your current approval workflows.

AUTOMATED INVOICE PROCESSING FROM AVIDXCHANGE

Today, the majority of businesses still depend on manual, paper-based invoice processing, which represents a significant cost burden in terms of time and money. But you can put paper invoices, and all of the challenges that come with them, in the past with invoice automation. Leading finance teams want to focus on more strategic projects and eliminate manual processes like traditional invoice management. Hover over each box to see how that is all possible with invoice automation software and services from AvidXchange.

GO PAPERLESS

AvidInvoice – our automated invoice management software powered by machine learning – streamlines your entire invoice process while matching your current approval workflows.

KEEP CONTROL

Streamline and customize workflows and design custom invoice approval processes that meet your business needs.

STAY ORGANIZED

Our cloud-based invoice management system allows you to get any invoice information you need, whenever and wherever you need it.

INCREASE VISIBILITY

Boost visibility and trust with leadership by providing real-time reporting on accounts, growth and performance.

WATCH: AVIDINVOICE OVERVIEW VIDEO

Paperless Invoice Processing for the Middle-Market

AvidInvoice is our web-based, automated invoice processing platform built to improve the way middle-market companies receive and approve invoices. With automated invoice processing powered by advanced machine learning, all your invoices can be automatically coded, assigned to the appropriate workflow, and routed electronically for approval – no matter how many you have. Once you approve, invoices flow directly into your accounting system for payment processing.

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 industry-leading 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.

REQUEST A DEMO

SEE ALL INTEGRATIONS

…Plus dozens more popular business accounting systems.

Over 6,000 customers trust AvidXchange to streamline and simplify their invoice management and bill payment processes.

We are providing much better services to our clients. We are paying vendors on time, and we have visibility to every exception that happens and why it happens so we can get better each and every time.

– Rob P. Senior Director, Financial Operations at FirstService Residential

Frequently Asked Questions

What does my invoice look like once it's in the system?

Once your invoice is entered into the system, simply log in to see the scanned invoice and all data that we’ve pulled from it – including payment total, vendor, and due date.

How will AvidXchange reduce my paper consumption?

The data, payment details, and approvals are all managed through our AI-powered invoice scanning process – no pen or paper needed. You can even have your suppliers email your invoices to skip a step!

How do invoices get into the software?

We make it simple. Use your personalized AvidXchange email address to send us a PDF or scanned copy of your invoice. All your suppliers will send invoices the same way. Feel free to have your invoices mailed to your AvidXchange assigned P.O. Box, and we’ll use our services to enter them for you.

With advanced machine learning and an intelligent rules engine, our technology quickly ingests your invoices and accurately extracts the relevant data. And our professional services team provides the reassurance of still having a human in the loop for an extra validation layer.

In disputing an invoice, how is that handled?

The Internal System Administrator or anyone with permissions of your internal team can void an invoice. Note, that this cannot be undone.

Is there a threshold in terms of invoices per month that typically make sense to consider automation?

There isn’t a magic number, but we recommend speaking with an AvidXchange team professional to determine account system integration, and automation software and services that best fit your business.

How can approval workflows be configured? Ex: by department, invoice type, etc.

By default, invoices are listed by Invoice Date, but can be arranged and filtered alphabetically or numerically by: Invoice Number, Invoice Date, Due Date, Vendor, Vendor ID, Total, Property, Property Code, Action, Days Held, Ordered By, Proxy For.

Related Resources

Lessons From the Front: How Businesses Are Solving for Critical Gaps in Continuity Plans [On-Demand Webinar]

Two months into this global pandemic, we wanted to continue exploring critical gaps in continuity plans and understand what some …

man-standing-in-front-of-wall-with-x-and-check

5 Key Questions to Ask Before Automating Your AP Processes

If you’re reading this, there’s a good chance you believe your business might be suffering from outdated accounts payable processes. …

What is the 3-Way Match Process?

As a business owner, the last thing you want to do is pay a fraudulent or inaccurate invoice. Three way …

READY TO LIBERATE YOUR AP?

AvidXchange is transforming how middle-market companies are managing and making bill payments with industry-leading 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.

SPEAK WITH AN EXPERT

Review our Privacy Policy for details on how your contact information is used. You can opt-out of marketing emails or update your preferences here. If you are a supplier inquiring about a payment click here.

Invoice Processing Software

industry-leading Invoice Automation

AUTOMATED INVOICE PROCESSING FROM AVIDXCHANGE

GO PAPERLESS

GO PAPERLESS

KEEP CONTROL

KEEP CONTROL

STAY ORGANIZED

STAY ORGANIZED

INCREASE VISIBILITY

INCREASE VISIBILITY

WATCH: AVIDINVOICE OVERVIEW VIDEO

Paperless Invoice Processing for the Middle-Market

Ap Automation That Works with Your Accounting System

Frequently Asked Questions

Related Resources

Lessons From the Front: How Businesses Are Solving for Critical Gaps in Continuity Plans [On-Demand Webinar]

5 Key Questions to Ask Before Automating Your AP Processes

What is the 3-Way Match Process?

READY TO LIBERATE YOUR AP?

SPEAK WITH AN EXPERT

Solutions

Accounting Systems

IndustrIES

About