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!
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.