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AvidInvoice Logo
AvidXchange

AvidInvoice

7.9 /10
Category
AvidInvoice
7.9 /10

What is AvidInvoice?

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

Company Details


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Awards & Recognition

AvidInvoice won the following awards in the AP Automation category

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AvidInvoice Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on AvidInvoice.

86 Likeliness to Recommend

100 Plan to Renew

77 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

+94 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love AvidInvoice?

6% Negative
6% Neutral
88% Positive

Pros

  • Continually Improving Product
  • Reliable
  • Performance Enhancing
  • Enables Productivity

Feature Ratings

Average 83

Content Repository

87

Batch Processing

87

Compliance Management

86

Automated Workflow

84

Payment Tracking

84

Fraud Management

83

Optical Character Recognition

83

Payments Scheduling

83

Self Service Portal

81

Reconciliation

74

Vendor Capability Ratings

Average 82

Ease of IT Administration

88

Business Value Created

85

Usability and Intuitiveness

85

Ease of Implementation

85

Breadth of Features

82

Product Strategy and Rate of Improvement

81

Availability and Quality of Training

81

Vendor Support

80

Ease of Data Integration

79

Ease of Customization

78

Quality of Features

75

AvidInvoice Reviews

Welsah T.

  • Role: Finance
  • Industry: Consulting
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Dec 2022

Affordable Accounting Platform

Likeliness to Recommend

9 /10

What differentiates AvidInvoice from other similar products?

AvidInvoice has automated all the accounting processes, more so invoice generation

What is your favorite aspect of this product?

AvidInvoice has produced a certified report regarding all the financial systems.

What do you dislike most about this product?

AvidInvoice lacks the AI, which is useful in managing all the accounting structures

What recommendations would you give to someone considering this product?

AvidInvoice has high integrity in controlling all the financial systems.

Pros

  • Reliable
  • Performance Enhancing
  • Trustworthy
  • Efficient Service

Pondoski G.

  • Role: Information Technology
  • Industry: Transportation
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Nov 2022

AvidInvoice Review

Likeliness to Recommend

9 /10

What differentiates AvidInvoice from other similar products?

With AvidInvoice, invoice management is easy and it is even better thanks to the many machine learning features.

What is your favorite aspect of this product?

I like that using AvidInvoice is easy The software comes with machine learning features It makes invoice management easy

What do you dislike most about this product?

Not a single dislike as AvidInvoice has exceptionally met our needs.

What recommendations would you give to someone considering this product?

I recommend AvidInvoice for AP Automation considering its numerous capabilities including invoice management and some of the best machine learning features.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Performance Enhancing
  • Trustworthy

Amber Y.

  • Role: Industry Specific Role
  • Industry: Other
  • Involvement: Vendor Selection and Purchasing
Validated Review
Verified Reviewer

Submitted Oct 2022

Easy to use once you learn how to navigate.

Likeliness to Recommend

8 /10

What differentiates AvidInvoice from other similar products?

It’s more efficient and allows for automation with invoice processing.

What is your favorite aspect of this product?

The automation

What do you dislike most about this product?

It could be a little more accurate when it comes to budgeting.

What recommendations would you give to someone considering this product?

Make sure that you specify what you are wanting to get out of it and have the account manager and customer success team to tailor it to the needs of your business.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

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