Bill Payment Software

Payment Automation FROM AVIDXCHANGE

Get your suppliers paid faster than ever with AvidPay, our flexible, automated bill payment software that lets you make bill payments electronically.

Bill Payment automation Software from AvidXchange

Trade in paper, stamps and wasted time for a few simple clicks to pay all of your vendors without worries.

You select payments from your accounting system just like you do today, but instead of selecting them for print, you select them to pay. Payments are then transmitted to the e-payment software application and your optimized payment process begins. Based on your company’s current payment approval processes, payment files are routed to approvers for final approval before they are transmitted to vendors.

Once approved, all payments are debited from your company’s bank account(s) to a trust account for secure funding. Verified funds are then easily distributed to vendors. Your company’s accounting system remains your system of record, and you will receive files with all the automated payment information your company needs for reconciliation of your B2B bill payments. You and your suppliers will love our software, services and an industry-leading payment network.

Pay Suppliers Faster

We have become the trusted ally of more than 680,000 businesses in our supplier network, processing over $140B in transactions annually.

Keep Control

No need for big changes. Keep your bill payment approval processes in place by adding your current approval rules to your new payment automation process.

Build Trust

Security is key! Transfer ePayments or checks to verified vendor bank accounts to reduce fraud.

Drive ROI

Eliminate hard costs, reduce labor costs and leverage simple pricing with e-payment incentives.

FLEXIBLE, MANAGED BILL PAYMENTS BACKED BY OUR ROBUST SUPPLIER NETWORK

Make fast and secure B2B bill payments to suppliers, backed by our robust supplier network
Create custom workflows with 24/7 visibility into bill payment status and approvals
Lower bill payment processing costs by reducing check printing, envelopes, postage and time spent following up on uncashed checks

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?

After invoice entry, recycle the loose leaves. The data, payment details, and approvals are all managed through our invoice scanning process – no pen or paper needed. You can even have your buyers 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 of your buyers 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.

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.

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.

REQUEST A DEMO

SEE ALL INTEGRATIONS

…Plus dozens of other 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

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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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