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AvidXchange™ revolutionizes the way companies pay their bills. Serving more than 5,500 clients throughout North America, AvidXchange is an industry leader in automating invoice and payment processes for midmarket companies. Our solutions are integrated with Blackbaud Financial Edge and FE NXT to automate the receipt of invoices, workflow and approvals, and the payment process.
Automation adds significant value to accounts payable, including real-time visibility into performance and financial status, increased accuracy, and better compliance. Simply put, if an organization is still receiving paper bills or paying bills with paper checks, they are not capitalizing on today’s best practices. AvidXchange is an innovative end-to-end accounts payable solution built to streamline your current payables processes. AvidXchange can optimize your payables mix while benefiting your vendors with additional payment options and enhanced data options.
Our product benefits:
- Invoice Application - AvidXchange makes it easy for suppliers to submit 100% of their invoices through a variety of methods, so that we can deliver them electronically to you.
- Customizable Workflows - AvidXchange’s solution mimics the approval process that you have in place today while adding another level of control. By gaining an electronic audit trail, you can hold approvers accountable and provide visibility into exactly where invoices are in the process.
- Payment Application - The Payment Application enables companies to pay suppliers electronically while maintaining their current banking relationships and approval workflows.
- Supplier Services - AvidXchange has a team of over 200 people that create a great experience for suppliers receiving payments through our network.