Founded in 2001, Anybill provides end-to-end accounts payable automation for small to medium enterprises (SME), as well as some of the world’s largest corporations and institutions. Anybill’s cloud-based platform automates the accounts payable process, from invoice receipt and data capture to approval and payment. It provides control and visibility over the entire AP process with clear approval authority and robust reporting functionality.
$400
per month
AvidXchange
Score 7.3 out of 10
N/A
AvidXchange is an automated bill payment system.
$5,000
per license
Pricing
Anybill
AvidXchange
Editions & Modules
Subscription
$400.00
per month
AvidXchange
5,000
per license
Offerings
Pricing Offerings
Anybill
AvidXchange
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
—
—
More Pricing Information
Community Pulse
Anybill
AvidXchange
Features
Anybill
AvidXchange
Payment Management
Comparison of Payment Management features of Product A and Product B
Anybill
-
Ratings
AvidXchange
9.8
Ratings
26% above category average
Customizable Approval Policies
00 Ratings
10.00 Ratings
Financial Document Management
00 Ratings
9.00 Ratings
Payment Status Tracking
00 Ratings
10.00 Ratings
Payment Audit Trail
00 Ratings
10.00 Ratings
Duplicate Bill Detection
00 Ratings
10.00 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Anybill would be a great fit for most companies, especially ones with a central support team. It's quite easy to use, so it doesn't require crazy expertise. Companies looking for a tool that simplifies invoice management, bill approval, and payment monitoring would be well served by Anybill.
For a company who is needing to transition from paper invoices/manual approvals to an electronic solution, AvidXchange is an excellent option. It is very functional and will highly improve your invoice capability, the speed of invoice processing, and will help your overall accounts payable department. It also makes auditing much easier, where auditors are able to easily search invoices, see approvals, payment status, etc.
Automation: Every part of Avid's process is automated through the use of workflows established by the AvidXchange administrator. This allows all vested entities to review and approve the payment of an invoice in a timely manner.
Transparency: As an invoice goes through the review and approval process, every step is documented and available for review. This ensures all parties are appropriately vested in ensuring the timely approval of invoices for payment
Accuracy: Automating the AP process has helped to minimize the risk for errors that occur through manual invoice entry and approval.
I really wish there was a way for AvidXchange indexers to "get to know" the companies they index for. The indexing policies are such that it leaves little room for common sense and I do a fair share of correcting workflows and such.
AvidXchange is very easy to use and the customer service is always there is you need help or more training. New employees even comment on how easy it is to pickup the program.
Anybill is better than any other software as it [can be] easy integrated with other applications which helps us to manage the entire process so easily from invoice generation to filling the ITR to paying the taxes. Such a user friendly software with [an] interactive graphical user interface is easy to access by any person without any training.
At the time we moved to AvidXchange; CSI did not have the full functionality of processing invoice for payment. We only utilized them for specific vendor who took payments via virtual credit card. All invoices were processed in house by our AP Department.
AvidXchange has saved us on payroll by making the process go from hours to minutes. It really cuts down the time needed to get invoices approved and into QB for payment.
It is very easy to train employees to use which also saves time and money.