AvidXchange
www.avidxchange.com | NC United States
Avid Pay provides Concur Invoice clients with a payment automation solution built to help businesses eliminate risk-prone, inefficient payment processes and more easily pay bills. AvidXchange enables a clear path to payment automation ROI with time saving services built around payment aging, execution, and application that ultimately creates efficiencies above and beyond just eliminating paper checks.
With AvidXchange, you get both the tools and the team you need to make paying your bills painless and create an immediate ROI:
- Access to the AvidPay Network of +500,000 suppliers with an average of 28% supplier coverage on day 1 as a customer
- Full-service Payment Execution and ePayment Conversion Services enable you to pay suppliers faster using the method they prefer with a 44% ePayment adoption rate
- Approve payments anytime, anywhere
- Get 24/7 visibility into every payment
- Eliminate the liability associated with check fraud and management of sensitive supplier bank account data
You simply tell us what to pay and we’ll take over the responsibility of executing payments and maintaining the supplier’s payment profile, so you don’t have to staff for it. We securely store all of the payment details so you don’t have to carry unnecessary risk, while also managing the complexity of identifying the optimal way to pay each supplier – whether by paper check, virtual card, or remittance enhanced ACH.