Compare AvidXchange vs BILL
Customers evaluate the quality of AvidXchange's products using the following success metrics.
Overview

AvidXchange is 24 yrs old and is based in United States.
AvidXchange (NASDAQ: AVDX) provides account payable (AP) automation software solutions. It offers a range of products such as AvidPay, an automated bill payment software, AvidInvoice, invoice automation software, AvidBuy, purchase order software, and more. The company was founded in 2000 and is based in Charlotte, North Carolina.
BILL is 18 yrs old and is based in United States.
BILL (NYSE: BILL) is a financial operations platform for businesses. It provides a range of solutions such as accounts payable, accounts receivable, invoicing, expense management, budget management, and more. It serves industries such as construction, education, healthcare, and more. The company was founded in 2006 and is based in San Jose, California.
Demo Video
Leadership
Michael Praeger (Founder, Chief Executive Officer)
Rene Lacerte (Founder, Chief Executive Officer)
Funding
Investors
Bain Capital Ventures, Nyca Partners
Temasek, Kayne Anderson Rudnick
Product
Why AvidXchange beats BILL
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Benefits
- Increased accuracy in accounting & worker productivity
- Time savings
- Cost savings
Products
AvidInvoice
AvidInvoice is a web-based, paperless invoice management system designed to automate the way companies manage their accounts payable (AP). AvidInvoice streamlines the entire invoice process while matching current approval workflows. Companies spend less time managing the AP process while maximizing electronic invoice receipt and capture.
Customers
AvidXchange works with 3 known companies.
Known Partners
Pinellas County Housing Authority, Trellis Fifth Avenue
Why They Buy
When we look for a business partner, there are two criteria that we consider the strength of the technical solution and the quality of the business relationship...AvidXchange stood out in both areas, making it easy for everyone at Data Plus Hospitality Solutions to support the decision to make them our preferred payments partner...We are thrilled to partner with Data Plus, because they are also a customer centric business that is focused on innovation and making strategic decisions, such as partnerships, to facilitate an optimal customer experience.
News & Analysis
AvidXchange has been mentioned in our research 6 times.
BILL has been mentioned in our research 7 times.
Research Articles
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