AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, announced an invoice-to-pay application programming interface (API) integration with Intuit QuickBooks Online (“QuickBooks Online”). This new offering provides customers who rely on QuickBooks Online, a fully automated, end-to-end, cloud-based AP and payment solution.
Built on the AvidConnect platform, this seamless integration enables automatic syncing of accounting codes, vendor information, invoices and payments via combined AvidInvoice, AvidPay and QuickBooks Online technology. This helps customers with complex needs, especially those who have outgrown their AP solution provider or processes, save time spent on manually handling these crucial AP tasks.
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Additionally, when compared to manual processes or using paper checks to pay vendors, this end-to-end automated process is overall more efficient as the AP process is conducted through a singular cloud-based platform. This also provides more insight and transparency into the payment data which allows customers to learn from each transaction, finding patterns, repeat payments and more. Furthermore, its digital nature enables customers to reduce accounting costs by reducing the need to buy envelopes and stamps to mail paper checks and make trips to the bank to pay vendors.
“Adding an integration for QuickBooks Online to our existing QuickBooks portfolio showcases our dedication to improving our solutions to meet the needs of our customers today,” said Dan Drees, Chief Growth Officer of AvidXchange. “This is an exciting new integration for us, as well as the middle market as a whole, as we expand our capabilities across more existing platforms.”
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About AvidXchange
AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers. AvidXchange’s software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,000 businesses and it has made payments to more than 825,000 supplier customers of its buyers over the past five years.
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