AvidXchange

Automate accounts payable, streamlines invoicing, and enhances payment processes for mid-market businesses.

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  • Overview
  • Features
  • Pricing
  • Pros
  • Cons
  • Reviews

AvidXchange Overview

  • Updated December 4, 2025

AvidXchange is a leading business accounting software designed for mid-market companies, specializing in accounts payable automation. It streamlines invoice management, payment processing, and financial workflows, reducing manual tasks and errors.

With features like electronic invoicing, automated approvals, and integration with popular accounting systems, AvidXchange enhances efficiency, improves cash flow visibility, and ensures compliance. Its cloud-based platform offers scalability, security, and real-time insights to optimize financial operations.

Key Features

  • Invoice Automation: Capture and digitize invoices using AI, reducing manual data entry and errors.
  • Payment Automation (AvidPay): Offer flexible payment options like virtual credit cards, direct deposits, or checks, streamlining vendor payments.
  • Purchase Order Matching: Automatically match invoices and receipts to purchase orders, minimizing unapproved purchases and coding errors.
  • Approval Workflows: Customizable, cloud-based approval processes accessible from any device, enabling anytime, anywhere approvals.
  • Integration with Accounting Systems: Seamlessly connect with over 240 accounting platforms like QuickBooks, Sage Intacct, and NetSuite for cohesive financial management.
  • Supplier Hub: Provide suppliers with a portal to choose payment methods and track payment status, improving vendor relationships.
  • AI-Enhanced Processing: Leverage artificial intelligence to speed up invoice processing and enhance accuracy, reducing processing time.
  • Cloud-Based Access: Enable access to accounts payable data from any location with internet, supporting remote work and scalability.
  • Reporting and Analytics: Offer real-time insights into cash flow and payment statuses, improving financial visibility and decision-making.
  • Security and Compliance: Include PCI DSS compliance and secure payment processing, ensuring data protection and regulatory adherence.

Price

Pricing Info / Estimate Detail / Notes
Base / Entry Pricing (starting point) ~ US $440 per month
Typical Annual Cost (for small-to-mid usage by some buyers) ~ US $6,200 / year (≈ US $520/month)
Reported Max / Higher-volume Cost Up to ~ US $13,000 / year
Pricing Model Type Quote-based; cost depends on invoice volume, payment activity, selected modules (invoice automation, payment services, vendor network, ERP/integration, etc.)
What influences cost Number of invoices processed, payment volumes, which AP modules you use, integration complexity, vendor/payment-method choices, possibly implementation/onboarding scope.

Pros

Competitor Pros of AvidXchange
Tipalti AvidXchange excels in industry-specific solutions, offering tailored AP automation for sectors like real estate (AvidSuite for Real Estate), construction, and financial services (AvidAccess), which Tipalti lacks. Its extensive supplier network of over 965,000 vendors ensures robust domestic payment capabilities. AvidXchange’s 240+ accounting system integrations, including QuickBooks and NetSuite, provide seamless connectivity for mid-market businesses. Customer reviews praise its user-friendly interface and customizable workflows, which align closely with existing processes, reducing implementation complexity. Pricing is customized, potentially offering flexibility for businesses not needing Tipalti’s global payment focus.
BILL AvidXchange is designed for mid-sized businesses with complex approval chains, offering superior scalability compared to BILL, which primarily serves smaller businesses. Its AI-enhanced invoice capture and PO matching streamline high-volume invoice processing, a strength over BILL’s simpler workflows. AvidXchange’s Supplier Hub enhances vendor management, allowing suppliers to track payments independently, a feature less emphasized in BILL. Customer feedback highlights AvidXchange’s robust reporting dashboards for real-time cash flow visibility, ideal for larger teams. Custom pricing may align better with mid-market needs than BILL’s tiered, transaction-fee-based model.
Stampli AvidXchange provides a broader supplier network and more industry-specific modules, such as for real estate and banking, compared to Stampli’s general AP focus. Its cloud-based platform offers 24/7 accessibility and a full audit trail, which customers appreciate for compliance and control. AvidXchange’s integration with over 240 accounting systems surpasses Stampli’s, ensuring compatibility with diverse ERPs. Reviews commend AvidXchange’s payment flexibility (e.g., virtual cards, ACH, checks), which rivals Stampli’s payment-agnostic Direct Pay. Custom pricing may suit businesses needing tailored solutions over Stampli’s transparent but less flexible pricing.
MineralTree AvidXchange outperforms MineralTree with its larger supplier network and more robust vendor management through the Supplier Hub, which simplifies payment tracking for suppliers. Its AI-driven invoice processing and customizable approval workflows are praised for reducing manual work, especially for mid-market firms with high invoice volumes. AvidXchange’s 240+ integrations provide greater ERP compatibility than MineralTree. Customer reviews note its strong security features, like PCI DSS compliance, ensuring safer transactions. Custom pricing allows flexibility for businesses not served by MineralTree’s standardized plans.
Medius AvidXchange offers stronger industry-specific AP solutions, particularly for real estate and financial services, compared to Medius’s broader spend management focus. Its extensive supplier network and AvidPay’s flexible payment options (virtual cards, ACH, checks) are favored by customers over Medius’s less specialized payment features. AvidXchange’s seamless integration with 240+ accounting systems ensures better compatibility than Medius. Reviews highlight its intuitive dashboard for tracking invoices, ideal for mid-sized teams. Custom pricing may appeal to businesses seeking tailored solutions over Medius’s enterprise-focused model.

Cons

Competitor Cons of AvidXchange
Tipalti AvidXchange lacks Tipalti’s robust global payment capabilities, supporting payments in 200+ countries and 120 currencies, which limits its scalability for multinational businesses. Customer reviews criticize AvidXchange’s slow payment processing, with delays causing vendor frustrations, unlike Tipalti’s faster global payouts. Its customer support is often described as unresponsive, requiring email-only contact without dedicated account managers, whereas Tipalti offers better support for complex needs. Custom pricing may be less transparent than Tipalti’s, potentially complicating budgeting for growing firms. Tipalti’s multi-entity architecture better suits businesses with multiple subsidiaries.
BILL AvidXchange’s focus on mid-sized businesses may overwhelm smaller teams, where BILL’s simpler, more affordable platform with transparent tiered pricing excels. Customer reviews note AvidXchange’s slow payment processing and occasional payment holds, leading to late vendor payments, a problem less reported with BILL. Its customer support is criticized for being unresponsive compared to BILL’s more accessible support. BILL’s inclusion of accounts receivable and expense management provides broader functionality for small businesses, while AvidXchange’s custom pricing may be costlier for smaller teams.
Stampli AvidXchange’s customer support receives negative feedback for being slow and impersonal, unlike Stampli’s highly praised, responsive service. Reviews highlight AvidXchange’s delayed payment processing, which frustrates vendors, whereas Stampli’s Direct Pay ensures faster, free ACH payments. Stampli’s transparent pricing contrasts with AvidXchange’s custom model, which may lack clarity for budgeting. Stampli’s AI-driven automation is noted for quicker invoice verification and GL coding, potentially outperforming AvidXchange in speed for smaller AP departments. AvidXchange’s complexity may not suit businesses wanting minimal ERP reconfiguration.
MineralTree AvidXchange’s slower payment processing and reported payment holds, as noted in customer reviews, contrast with MineralTree’s more reliable payment execution for smaller firms. Its customer support is criticized for poor responsiveness, while MineralTree is often praised for better service. AvidXchange’s custom pricing lacks transparency compared to MineralTree’s clearer pricing structure, which may appeal to budget-conscious businesses. MineralTree’s simpler interface and fewer integration needs may suit smaller teams, whereas AvidXchange’s complexity can be a drawback for less robust AP workflows.
Medius AvidXchange’s limited global payment capabilities and slower processing times, as reported by customers, lag behind Medius’s broader spend management and international focus. Reviews highlight AvidXchange’s unresponsive support and lack of dedicated account managers, while Medius offers stronger enterprise-level support. AvidXchange’s custom pricing may be less predictable than Medius’s structured plans, complicating cost planning. Medius’s advanced spend analytics and granular permissions better serve large organizations, while AvidXchange’s focus on mid-market may limit scalability for complex enterprises.

Customers' Reviews From Reliable Websites

G2 Review
Capterra Review
Glassdoor Review
Reddit Review
Software Advice Review