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AvidInvoice Logo
AvidXchange

AvidInvoice

7.4 /10
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AvidInvoice
7.4 /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.

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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

80 Satisfaction of Cost Relative to Value

3
Since last award


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Emotional Footprint Overview

+95 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?

5% Negative
5% Neutral
90% Positive

Pros

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

Feature Ratings

Average 82

Compliance Management

87

Content Repository

85

Batch Processing

85

Automated Workflow

84

Self Service Portal

84

Optical Character Recognition

84

Payment Tracking

83

Fraud Management

82

Payments Scheduling

80

Reconciliation

77

Vendor Capability Ratings

Average 81

Ease of IT Administration

89

Usability and Intuitiveness

86

Ease of Implementation

85

Business Value Created

84

Breadth of Features

83

Ease of Data Integration

81

Product Strategy and Rate of Improvement

80

Ease of Customization

80

Availability and Quality of Training

80

Vendor Support

79

Quality of Features

75

AvidInvoice Reviews

Shannon (.

  • Role: Finance
  • Industry: Energy
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Oct 2024

AvidXchange is a great product worth every penny.

Likeliness to Recommend

10 /10

What differentiates AvidInvoice from other similar products?

I love the Avid capture feature and how it really helps automate the invoices.

What is your favorite aspect of this product?

The automation of capture is probably my favorite feature, but I do enjoy the program.

What do you dislike most about this product?

When it is down.

What recommendations would you give to someone considering this product?

The price is definitely worth the product and effectiveness it offers. It is also very user friendly.

Pros

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

Matt S.

  • Role: Industry Specific Role
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Oct 2024

Quite good, I shouldn't grumble

Likeliness to Recommend

8 /10

What differentiates AvidInvoice from other similar products?

AvidInvoice is always developing. It's very user-friendly and when there is the occasional glitch, it never takes long to get back up and going and thus I shouldn't grumble or complain. I've only used a couple other, antiquated similar products in the past and let's just leave them there. Avid has a lot to offer, more than I require, albeit others in my company use it for other applications.

What is your favorite aspect of this product?

I have been using Avid for about 8 years, and at two different employers. It's been consistent in basically looking the same and hasn't changed the basic duties that I need to perform on a daily basis. The Self-Service portal is wonderful as well.

What do you dislike most about this product?

The occasional glitches are about all I complain about.

What recommendations would you give to someone considering this product?

Speak with other end-users at various companies and glean from what they say.

Pros

  • Respectful
  • Effective Service
  • Caring
  • Efficient Service

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