AvidXchange

Accounts Payable Automation with AvidXchange
Transform your nonprofit’s accounts payable processes with AvidXchange, a leader in accounts payable and payment automation. By shifting to 100% electronic invoices and payments, AvidXchange eliminates the inefficiencies of paper-based processes, helping your organization save time and money through AI-powered automation. A seamless integration with MIP Fund Accounting ensures compliance with your accounting requirements, while 24/7 remote access allows your team to manage AP workflows from anywhere, keeping your operations running smoothly no matter the location.

Automate Your Invoicing Process
AvidXchange takes the manual effort out of invoice processing. This cloud-based platform leverages AI and machine learning to capture data from invoice headers and line items automatically. Gain complete control over your invoicing process by enforcing business rules, setting permissions, and maintaining a full audit trail. With real-time visibility into invoice statuses, customizable approval workflows, and advanced reporting, your nonprofit can easily manage expenses while effectively overseeing grant and fund allocations.

Streamline Your Purchase Orders
AvidXchange simplifies your nonprofit’s purchase order process, reducing unapproved spending and minimizing coding errors. The system automatically generates POs and offers real-time approvals to keep everything on track. With AvidXchange’s integrated solutions, you can seamlessly match purchase orders, invoices, and payments, streamlining reconciliation and ensuring financial accuracy.

Simplify Your Payment Process
AvidXchange streamlines your nonprofit’s payment operations by automating bill payments and providing real-time visibility into payment statuses. With a supplier network of over 1.2 million, your organization can make fast, secure payments using your supplier’s preferred method, whether it’s virtual card, enhanced ACH, or check. By automating your payment process, AvidXchange helps you save time, mitigate risks, and ensure compliance, freeing up resources to focus on what matters most—advancing your mission.

AvidXchange Overview