AvidSuite For Financial Services

Enjoy 24/7 Visibility Without Opening a Single File Drawer

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Accounts Payable Automation for Financial Services

AvidSuite for Financial Services, featuring AvidAscend, is a leading provider of financial accounting software for banks and credit unions. Our industry-specific solutions help financial institutions manage their expenses while maintaining transparency, accountability, and regulatory compliance.

AvidAscend

Automated Accounting Solutions

Purpose built for financial services providers, AvidAscend allows businesses to manage accounts payable, invoices, prepaid and accruals, fixed assets, expense reports, and more.

AvidPay

Bill Payment Software

Payment automation software that completes AvidAscend’s paperless invoice-to-pay process.

What Can AvidSuite for Financial Services Do for Your Business?

Customize Paperless Workflows

With Optical Character Recognition (OCR) for invoice capture and entry combined with the ability to remotely customize automated approval workflows, you can say goodbye to the manual, paper-based AP process.

Streamline Processes

Automated GL coding and custom workflows ensure your data is accurate, while our cloud-based digital portal allows you to easily access files from anywhere, anytime.

Integrate With Your Core Banking System

Trusted by more than 1,700 financial institutions, our solutions integrate with all core banking systems, including Jack Henry, Symitar, CSI, FIS, Finastra, and DCI.

AvidAscend Integrates with Your Core Banking System

AvidAscend accounting software integrates with all core banking systems, meaning your current system can remain intact while streamlining your existing processes.

Plus dozens of other popular business accounting systems and all core banking systems.

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Benefits of Automating Your AP with AvidXchange

Reduce Costs

Reduce the hard costs of dealing with paper invoices and payments.

Increase Efficiency

Review, code and approve payments with a few clicks.

Maintain Control

Keep or create custom workflows to ensure your data is accurate.

Scale for Growth

Allow your current team to keep up with a growing workload.

Reduce Risk

Increase financial security by leveraging e-payment options.

Improve Relationships

Get your suppliers paid on time using the method they prefer.

Work Remotely

Our cloud based platform allows for 24-7 online access.

Increase Visibility

Online records make reporting and auditing a breeze.

Automation makes such a big impact on our day-to-day operations. Everything is housed in one system. You can become completely paperless with your AP processes. No more filing cabinets. No more waiting around for approvals, and all the research you need is at your fingertips.

- Jenny Grecian, Senior Accounting Specialist at GreenState Credit Union

With AvidPay, I can just put in my approval processes, set the workflow up for easy approvals, and I have a record that keeps auditors happy. I can just process, upload to AvidPay, and get back to my reconciliation.

- Kyle Williams, AVP at First National Bank of Granbury

We streamlined AP to pay our vendors more efficiently and quickly, and with minimal error, while also improving workflow of the people handling AP. As soon as we switched over and navigated the conversion along with AvidPay, our workflow immediately improved.

- Diana Marroquin, Accounting Assistant at MainStreet Bank

More Accounts Payable Automation Resources

ACCOUNTS PAYABLE BLOG

We’ve got you covered with fresh perspectives and the latest insights on financial technology and accounts payable.

CUSTOMER STORIES

Hear from other accounting and finance professionals who are finding success with AvidXchange.

AP SUCCESS STORIES

AP AUTOMATION FUNDAMENTALS

This educational guide offers helpful explanations, insights and recommendations about AP automation.

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