AvidXchange for NetSuite (AFN) is an AP and payment automation solution built for NetSuite that helps organizations eliminate inefficient, paper-based processes and easily pay their bills. We provide bill capture services backed by automated workflows that can present bills electronically for convenient approval from anywhere using a laptop or mobile device. Once approved, our AvidPay Network of over 600,000 suppliers provides a secure and efficient way to pay bills directly from NetSuite.

AvidXchange for NetSuite (AFN) is an AP and payment automation solution built for NetSuite that helps organizations eliminate inefficient, paper-based processes and easily pay their bills. We provide bill capture services backed by automated workflows that can present bills electronically for convenient approval from anywhere using a laptop or mobile device. Once approved, our AvidPay Network of over 600,000 suppliers provides a secure and efficient way to pay bills directly from NetSuite.

Accounts Payable and Payment Automation Built for NetSuite

AvidXchange for NetSuite (AFN) is an AP and payment automation solution built for NetSuite that helps organizations eliminate inefficient, paper-based processes and easily pay their bills. We provide bill capture services backed by automated workflows that can present bills electronically for convenient approval from anywhere using a laptop or mobile device. Once approved, our AvidPay Network of over 600,000 supplies provides a secure and efficient way to pay bills directly from NetSuite

Key Benefits

  • Suite of Integrated Solutions: Avid for NetSuite offers an end-to-end solution, including invoice, pay, and utility, all tightly integrated into your existing NetSuite interface, so you aren’t jumping from one system to another.
  • Full-Service Supplier Services Team: We have 400 experienced team members who are laser-focused on onboarding your suppliers, understanding the conditions under which they will accept e-payments and ensuring they get paid on-time. This team will also handle the following time-consuming tasks for you: supplier e-payment conversion and execution services; check aging services; management of supplier inquiries; ongoing OFAC screening services; positive pay processing and exception management services; maintenance of supplier payment profiles; and remittance communication services.
  • Eliminate Manual, Inefficient Processes: Our bill capture services backed by automated workflows allow your team to focus on approvals, not data entry. 
  • Improve Internal Controls and Reduce Fraud Risk: Our solution provides a bill image inside of NetSuite backed by a detailed audit trail and payment controls, such as positive pay processing.  
  • Easily Pay Suppliers: We provide a variety of payment methods for your suppliers to choose from: Mastercard, AvidPay checks, or AvidPay Direct, our enhanced direct deposit payment method.
  • ROI Benefits of ePayments: In addition to reducing your AP staff’s manual tasks, with Mastercard and AvidPay Direct payments, you can earn incentives on qualified ePayments, helping to further improve your ROI.
  • Anytime, Anywhere: As a web-based solution, your AP team and any approvers have the ability to conduct invoice and payments tasks, including approvals, anytime and no matter where you are.

Customer Quote

“With AvidXchange, it’s a one-stop-shop, all our AP and payment needs in one place,” said Santella. “Everything ties directly into NetSuite and so we don’t have to wait four days for a clerk to input the invoice, it’s just automatically there.”
- Nick Santella - Robert Brown Associates

Save Money, Increase Efficiency, and Reduce Fraud

AvidXchange offers a simple, secure and cost-effective electronic payment and check printing solution for businesses of all sizes.

Invoice Capture

  • Reduce invoice processing time: Take advantage of early payment discounts by reducing the time it takes to approve invoices by 60% or more.
  • Capture and digitize 100% of your invoices: We make it simple for your suppliers to submit paper AND digital invoices.
  • Eliminate manual invoice processing tasks: Invoices are imaged and extracted on your behalf, so you no longer need to open mail, scan paper, or key invoice data.
  • Eliminate the paper: Stacks of paper and filing cabinets are a thing of the past because all your invoices are stored electronically and can be accessed from NetSuite 24/7.

Automated Approval Workflows

  • Automated approvals: Create an unlimited number of custom workflows that mimics your current approval process.
  • Increased visibility of invoice status: Real-time access to invoice statuses creates ultimate visibility into your entire payables process.

Payment Execution

  • Converting check to ePayments: Convert an average of more than 40% of your checks to ePayments.
  • Earn rebates: By converting a high rate of checks to ePayments, you have an increased ability to receive incentives on those payments.
  • Variety of payment methods: We provide a variety of methods for your supplies to choose from: MasterCard, AvidPAy, checks or AvidPay Direct, an enhanced direct deposit payment method.
  • Bank agnostic: Continue to use your current banking relationships
  • Increased control: Payment approvals increase payment control and eliminate the need to physically sign checks.
  • Payment security: Positive pay files are generated on all check payments initiated from from the AvidPay Network for increased payment security.
  • OneWorld compatibility: Data segregation accommodates for OneWorld accounts.
  • Speed of ePayments: Our high conversion rates of checks to ePayments ensures your supplies will receive their payments significantly faster than receiving a check payment.
  • Self-managed payments: If you have the need to manage in-house payments, you can still print MICR checks onto blank check stock or manage your own ACH initiative.

AvidXchange for NetSuite is the industry leader in automating invoice and payment processes for mid-market businesses. Using a combination of services and technology, we are revolutionizing how organizations pay their bills.

Founded in the year 2000, AvidXchange processes over $140 Billion transactions annually across our network of more than 600,000 suppliers, transforming the way 6,000 customers in North America, including more than 600 NetSuite customers, pay their bills. AvidXchange is distinguished as a global fintech unicorn and one of the fastest growing technology companies in the U.S. with 1,500 employees supporting customers across seven office locations. For more information, click the "Contact Me" button. 

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Based on 2 Reviews

Most Helpful Reviews

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Piracle Pay Service

My experience with the Piracle Pay service for NetSuite is a very good one. I used to struggle when printing checks but I now love the fact that I don't have to deal with external processes and can use the blank check stock. It is also super-fast, I would recommend this product to any company still processing checks the old way with NetSuite.

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Finally! I get to take a peaceful vacation!

Being a small business receivables and payables has always been a painful crutch. Cash flow is never as predictable as it should be, so taking some peaceful time off was impossible. I would work about three hours a day while away to stay afloat and prevent credit holds and such. In comes AvidXchange to save the day. We subscribed to AvidBill and AvidPay, and from day one, my life became so much simpler.
All of our invoices now go into one place to be coded (by someone from Avid). We have no more lost invoices or miscodes. I simply "approve" all the pre-coded invoices and batch them into NetSuite. From there, I can easily create bill records with a few mouse clicks. What used to take a few hours a day, now takes a few minutes.
AvidPay is another beautiful product. I can make payments to any vendor in a matter of a few mouse clicks. The benefit of doing it anywhere in the world is what sold me: no more checks, no more MICR toner and no more stamps.
This service pays for itself even before the cashback!

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