AvidXchange Review, Pricing & Features

AvidXchange automates accounts payable and B2B payments for mid-market businesses, integrating with 220+ accounting and ERP systems.

Researched and fact-checked by Bartu Cavusoglu · Updated July 18, 2026

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Category
Payments
Pricing
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Last updated
July 18, 2026
Founded
2000
Headquarters
Charlotte, North Carolina, United States
Web AppAPIAI

Overview

AvidXchange is a publicly traded accounts payable and B2B payment automation platform (NASDAQ: AVDX), founded in 2000 and headquartered in Charlotte, North Carolina, with more than 1,500 employees. It digitizes the invoice-to-pay process for mid-market businesses.

AvidXchange went public via IPO on NASDAQ in 2021 and has grown into one of the larger dedicated AP automation providers in the US mid-market segment.

Key Features

The platform automates invoice capture and data extraction, approval workflow routing, and purchase order matching, alongside electronic payment processing via virtual cards, ACH, and checks. Suppliers get access to a portal for tracking payment status.

AvidXchange integrates with more than 220 accounting and ERP systems and offers industry-specific solutions for real estate, construction, financial services, media, HOAs, and healthcare.

Pricing

AvidXchange does not publish pricing on its website. Costs are determined through a custom quote based on transaction volume, required integrations, and company size.

Key Features

Pros & Cons

Pros

  • Deep industry-specific customization for sectors like real estate and construction
  • Broad integration library with 220+ accounting/ERP systems
  • Established public company (NASDAQ: AVDX) with a long operating history
  • Reduces manual, paper-based invoice processing at scale

Cons

  • Pricing is not published and requires a custom sales quote
  • Primarily built for mid-market invoice volumes, which may be more than very small businesses need
  • Implementation and integration setup can take time for complex accounting environments

Frequently Asked Questions

What does AvidXchange do?

AvidXchange automates accounts payable and B2B payment processes, including invoice capture, approval routing, and electronic payments to suppliers.

How much does AvidXchange cost?

AvidXchange does not publish pricing; costs are determined through a custom quote based on transaction volume and integrations needed.

What industries does AvidXchange serve?

AvidXchange offers industry-specific solutions for real estate, construction, financial services, media, homeowners associations, and healthcare.

Is AvidXchange publicly traded?

Yes, AvidXchange trades on NASDAQ under the ticker AVDX after its 2021 IPO.

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