AvidXchange
6.6/10AvidXchange is accounts payable automation and B2B payment software for US mid-market finance teams. It covers invoice capture, approval routing, and supplier payments.
Data last updated November 2026 · Our methodology
Overview
AvidXchange is a Charlotte, North Carolina company that sells accounts payable automation to mid-market businesses in the US. The software covers purchase orders, invoice capture and approval workflows, and supplier payments. Payments go through the AvidPay Network, which pays more than 1.5 million suppliers by virtual card, AvidPay Direct electronic transfer, or mailed check. It also offers analytics, AI-assisted invoice processing, and lien waiver management for construction. The company says it has more than 8,000 customers and processed about 79.6 million transactions in 2025. It is strongest in real estate, community association management, construction, nonprofits, healthcare, and education. AvidXchange connects to more than 200 accounting and ERP systems, including Oracle NetSuite, QuickBooks, Microsoft, Sage, Acumatica, Blackbaud, MIP Fund Accounting, MRI, Rent Manager, and Yardi. That makes it an add-on to an existing general ledger, not a replacement for one. Pricing is not published. Buyers have to book a demo for a custom quote, and some reviewers say costs climb when they use several bank accounts. TPG and Corpay took the company private in October 2025 in a deal worth about 2.2 billion dollars. Its main limitations are a recurring set of customer service complaints, with a very low BBB rating, and the lack of any accounting ledger of its own.
Our Rating
Who AvidXchange is best for
Best software for Mid-MarketGood fit
The company positions itself around middle-market businesses, and it has about 8,500 clients.
It integrates with real estate systems such as Yardi, MRI, and Rent Manager, and real estate is a core vertical.
It has a dedicated construction vertical and a lien waiver management feature.
AP teams use it to automate invoice approvals and supplier payments.
It integrates with Blackbaud and MIP Fund Accounting, and nonprofits are a listed industry.
Less suited
Quote-only pricing and its mid-market focus make it a weaker fit for very small firms.
Pros & Cons
Pros
- Connects to more than 200 accounting and ERP systems, including vertical systems such as Yardi, MRI, and Blackbaud
- Its large AvidPay Network of more than 1.5 million suppliers covers virtual card, electronic, and check payments
- Reviewers find invoice intake by email and approval routing easy to learn
- Fraud controls include Positive Pay, watchlist screening, and multi-factor authentication
- Has deep vertical focus on real estate, HOA management, and construction, including lien waivers
Cons
- Pricing is not public, and reviewers say it becomes expensive with multiple bank accounts
- Customer service is a recurring complaint, and the BBB shows a 1.32 out of 5 rating
- It has no general ledger of its own, so it requires a separate accounting system
- The 2025 TPG and Corpay take-private creates roadmap uncertainty for customers
- It is focused on the US, with no clear evidence of multi-currency support
Key Features
AvidXchange Pricing
Custom
- AP automation
- Quote by demo
- 200+ integrations
- AvidPay Network payments
Frequently Asked Questions
Pricing is not published. You need to book a demo to get a custom quote.
It integrates with more than 200 systems, including Oracle NetSuite, QuickBooks, Microsoft, Sage, Acumatica, Blackbaud, MIP, MRI, Rent Manager, and Yardi.
Suppliers are paid through the AvidPay Network by virtual credit card, AvidPay Direct electronic payment, or mailed check.
TPG and Corpay completed their acquisition in October 2025 at about 2.2 billion dollars. TPG holds the majority stake, and Corpay holds 33 percent.
It says it aligns with PCI DSS and NIST, and it is a licensed money transmitter. It supports multi-factor authentication and offers Positive Pay fraud monitoring.
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See AvidXchange in the listAvidXchange is #64 in Finance Software by our score.
