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Description | AvidXchange enables you to automate the entirety of your accounts payable process. As part of this functionality, AvidXchange allows you to reduce your processing costs, accelerate the approval process, as well as almost completely eliminate paper, which provides sustainability benefits for your company. This solution also ensures you have complete control over your spending, as well as visibility into and transparency within this. With AvidXchange, you can automate your manual accounts payable tasks, while reducing time your team spends wasting doing things such as chasing approvals, processing paper invoices, and answering inquiries. With AvidXchange’s Purchase-to-Pay (P2P) automation functionality, you can streamline your purchasing operations and processes, including ensure you have optimal spending in place, improving the reports you produce, and enhancing the way you budget for your whole company. This will enable you to run more effective and efficient AP processes, while always staying compliant. Read more | Tipalti is an account payable automation, global payment and procurement platform. Businesses that are looking to scale finance operations and processes trust this platform to reduce their workload by 80% or more. Tipalti's end-to-end accounts payable interface comes with a built-in OCR, enabling touchless invoice processing. Furthermore, the platform featuring AI-driven approval and line-item workflows results in invoice management, seamlessly. The brandable 24/7 self-service supplier hub and proactive supplier payment status notifications help in supplier management. Furthermore, Tipalti with its frictionless approval cycle helps in both 2-way and 3-way matching. The platform approves control and visibility overspend. Not to mention, it is easy to use across the organisation. Tipalti encourages 6 unique payment methods across 120 currencies and 196 countries. The platform’s centralised AP helps businesses manage unique payable workflows. Approved by KPMG, Tipalti ensures users can collect and validate IRS and VAT IDs. Its other features include payment reconciliation, financial controls, self-billing module, fraud detection, early payments, secure cloud, ERP integrations, performance-to-pay integrations and more. Read more |
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Automated Invoice Processing, User-Friendly Interface, Streamlined Approval Process, Comprehensive Invoice Tracking Slow Payment Processing, Indexing Errors, Occasional System Bugs, Limited Workflow Customization |
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Overall, AvidXchange users appreciate its user-friendly interface, automation capabilities, and excellent customer support. It is known to streamline processes, improve efficiency, and provide detailed insights into financial data. However, some users have reported occasional technical glitches and a learning curve for new users. The pricing structure may also pose a concern for some businesses. Additionally, some users have highlighted the need for more robust reporting and analytics capabilities. Despite these drawbacks, AvidXchange remains a popular choice for businesses seeking a comprehensive and user-friendly financial management solution. |
Users consistently praise Tipalti for its user-friendly interface, streamlining accounts payable processes, and simplifying international payments. The platform's automation capabilities, including OCR invoice scanning and vendor onboarding, are highly valued for saving time and minimizing errors. While some users highlight occasional sync issues and a lack of advanced reporting features, the overall sentiment is positive, with many users finding Tipalti to be a valuable solution for managing accounts payable and vendor payments. |
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AI-Generated from the text of User Reviews
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AvidXchange Custom |
Tipalti Express $149.00 $149.00 per month |
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Company Details | Located in: Charlotte, NC - 28206 | Located in: San Mateo, California Founded in: 2010 |
Contact Details |
800.560.9305 |
+1 (650) 530-1870 |
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