Airbase
Airbase is a comprehensive spend management platform that combines accounts payable automation, corporate cards, and employee expense reimbursements into a single integrated solution to simplify your entire business spending process.
AvidXchange
AvidXchange provides automated accounts payable and payment solutions that help mid-market businesses digitize their entire invoice process and make secure electronic payments to their suppliers.
Quick Comparison
| Feature | Airbase | AvidXchange |
|---|---|---|
| Website | airbase.com | avidxchange.com |
| Pricing Model | Freemium | Custom |
| Starting Price | Free | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2017 | 2000 |
| Headquarters | San Francisco, USA | Charlotte, USA |
Overview
Airbase
Airbase gives you a single place to manage every dollar your company spends. Instead of jumping between different tools for credit cards, invoices, and employee reimbursements, you can handle everything from one dashboard. You can set up automated approval workflows that ensure every purchase follows your company policy before the money is even spent.
The platform helps you close your books faster by syncing every transaction directly with your accounting software in real-time. Whether you are a growing startup or a mid-market company, you can eliminate manual data entry and gain total visibility into your department budgets. It replaces fragmented systems with a unified workflow that saves your finance team hours of manual work every month.
AvidXchange
AvidXchange helps you transform your manual accounts payable process into a fully automated digital workflow. You can eliminate paper invoices and manual data entry by using their intelligent OCR technology to capture invoice data automatically. The platform routes these invoices through your custom approval workflows, ensuring you maintain control and visibility over your spending from any device.
You can also streamline your outbound payments by choosing from multiple electronic options like virtual cards and ACH. The software integrates directly with your existing accounting system, so your financial data stays synchronized without manual reconciliation. It is specifically designed for mid-market companies looking to reduce processing costs and protect against payment fraud while maintaining strong supplier relationships.
Overview
Airbase Features
- Guided Procurement Direct your employees through a simple intake process that automatically routes requests to the right stakeholders for approval.
- AP Automation Scan invoices with OCR technology and automate your entire accounts payable workflow from bill creation to final payment.
- Corporate Cards Issue physical or virtual cards with built-in spend limits and automated receipt collection to prevent overspending.
- Expense Reimbursements Manage out-of-pocket employee expenses globally and sync them directly to your accounting system for faster payouts.
- Real-time Sync Connect your GL and sync transactions automatically, ensuring your financial data is always accurate and up to date.
- Automated Tax Mapping Categorize your spending automatically based on your chart of accounts to simplify your month-end close process.
AvidXchange Features
- AvidInvoice. Receive, track, and approve invoices electronically using intelligent data capture to eliminate manual entry and paper filing.
- AvidPay. Execute secure electronic payments to your suppliers through a dedicated network of over 1.2 million enrolled vendors.
- Custom Approval Workflows. Design automated routing rules that match your existing business hierarchy to ensure every invoice gets proper authorization.
- Purchase Order Matching. Automatically pair your invoices with purchase orders to verify accuracy and prevent overpayment or duplicate billing.
- Supplier Services. Let a dedicated team manage your supplier data and payment preferences so you don't have to.
- Real-time Reporting. Access detailed financial insights and track your liabilities in real-time to make more informed cash management decisions.
Pricing Comparison
Airbase Pricing
- Bill Pay functionality
- Corporate card access
- Basic approval workflows
- Standard accounting sync
- Email support
- Everything in Standard, plus:
- Advanced procurement intake
- Purchase order management
- Multi-subsidiary support
- Custom approval routing
- Dedicated account manager
AvidXchange Pricing
Pros & Cons
Airbase
Pros
- Consolidates multiple finance tools into one platform
- Deep integration with NetSuite and Sage Intacct
- Virtual cards make managing SaaS subscriptions easy
- Significantly reduces time spent on month-end close
Cons
- Initial implementation requires significant time investment
- Mobile app has fewer features than desktop
- Custom pricing can be high for smaller teams
AvidXchange
Pros
- Significant reduction in manual data entry time
- Seamless integration with popular accounting software
- Excellent visibility into invoice approval status
- Strong security features help prevent payment fraud
Cons
- Initial implementation and setup takes time
- Supplier enrollment process can be slow
- Customer support response times vary occasionally