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What is AvidXchange?

AvidXchange revolutionizes payment processes for businesses, enabling them to concentrate on their core priorities. Our accounts payable (AP) solutions empower clients to enhance efficiency, transparency, and authority within their AP workflows. Enhance Efficiency: Expedite the approval of invoices and minimize administrative burdens, allowing team members to engage in more critical initiatives. Boost Transparency & Authority: Achieve immediate insights into the status of invoices and payments while crafting personalized workflows to align with your approval requirements. Access Anytime, Anywhere: Enhance productivity and eliminate delays by managing AP responsibilities around the clock. Moreover, AvidXchange, Inc. operates as a licensed money transmitter for B2B payments across the U.S., holding a Money Transmitter license from the New York State Department of Financial Services, along with other states necessitating such a license. This extensive regulatory compliance underscores our commitment to secure and reliable financial transactions.

What is Adopt AI?

Adopt AI is AI native accounting and bookkeeping software for businesses that want clean, current books without adding headcount. Instead of giving accountants another dashboard to work in, Adopt assigns the repetitive parts of accounting to AI agents and leaves people to review and decide. Core capabilities include automated bank and credit card reconciliation, accounts payable and accounts receivable matching, transaction coding, general ledger posting, flux analysis, financial statement preparation, and month-end close management. Agents keep accounts reconciled daily, so the close becomes a review exercise that finishes in hours rather than a scramble that runs for weeks. Adopt integrates with QuickBooks, leading ERPs, thousands of banks, and common card and bill-pay platforms. Where a system has no usable API, agents can log in and operate its interface the way an accountant would, which makes Adopt practical for companies running legacy or mixed software. Businesses without an existing accounting system can start directly on Adopt. Built for finance control: every action an agent takes is logged with its reasoning, nothing that needs judgment is posted without approval from a named reviewer, and users, entities, and workflows are unlimited on annual plans. Adopt is available as cloud software, in a customer's private VPC, or on premises, and serves companies from early-stage startups on the free plan to multi-entity enterprises.

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Media

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Integrations Supported

Blackbaud LMS
CTI Cloud
ComputerEase
Condo Manager
Entrata
FOUNDATION
FRONTSTEPS Caliber
MRI Software
NetSuite
Oracle PeopleSoft
Propertyware
QuickBooks Desktop Premier
QuickBooks Desktop Pro
QuickBooks Enterprise
RealPage
Rent Manager
Sage 100 Contractor
Sage 300 Construction and Real Estate (CRE)
Yardi Advanced Budgeting & Forecasting

Integrations Supported

ChatGPT

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Free
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
On-Prem

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

AvidXchange

Date Founded

2000

Company Location

United States

Company Website

www.avidxchange.com

Company Facts

Organization Name

Adopt AI

Date Founded

2024

Company Location

United States

Company Website

www.adopt.ai/

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Fraud Detection

AI Accounting

Not specified

AI Accounting Agents

Not specified

AP Automation

Not specified

B2B Payment

Not specified

Billing and Invoicing

Billing Portal
Contact Database
Customer Portal
Customizable Invoices
Invoice History
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing

Cross-Border Payment

Not specified

Expense Report

Not specified

Payment Processing

ACH Check Transactions
Online Payments
Recurring Billing

Spend Management

Not specified

Categories and Features

AI Accounting

Not specified

AI Accounting Agents

Not specified

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