AutoEntry
AutoEntry is an automated data entry software that captures and analyzes scanned and digital receipts, invoices, and bank statements to sync them directly with your accounting software for faster bookkeeping.
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 | AutoEntry | AvidXchange |
|---|---|---|
| Website | autoentry.com | avidxchange.com |
| Pricing Model | Subscription | Custom |
| Starting Price | $12/month | Custom Pricing |
| FREE Trial | ✓ 0 days free trial | ✘ No free trial |
| Free Plan | ✘ No 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 | 2016 | 2000 |
| Headquarters | Dublin, Ireland | Charlotte, USA |
Overview
AutoEntry
AutoEntry helps you eliminate manual data entry by capturing information from invoices, receipts, and bank statements automatically. You can simply snap a photo with the mobile app, email documents, or upload them directly to the platform. The software uses intelligent character recognition to identify tax codes, suppliers, and line items, ensuring your records are accurate without the need for typing.
You can manage your entire accounts payable process in one place while the platform handles the heavy lifting of data extraction. It integrates with major accounting tools to keep your books updated in real-time. Whether you are a small business owner or an accountant managing multiple clients, you can save hours of administrative work every week by automating your document processing workflows.
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
AutoEntry Features
- Automated Data Capture Extract data from invoices, receipts, and bank statements automatically so you never have to type another line item manually.
- Line Item Extraction Capture full line item descriptions and unit prices from your documents to ensure your accounting records remain detailed and accurate.
- Mobile Document Scanning Snap photos of receipts on the go with the native mobile app and upload them instantly to your account for processing.
- Bank Statement Conversion Convert scanned or PDF bank statements into Excel or CSV formats that you can import directly into your accounting software.
- Supplier Account Matching Match your invoices to existing suppliers in your accounting software automatically to keep your ledger organized and consistent.
- Smart Tax Categorization Assign tax codes and categories to your documents based on your previous history to speed up your monthly reconciliation.
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
AutoEntry Pricing
- 50 credits per month
- Unlimited companies
- Unlimited users
- Free mobile app
- Cloud storage for documents
- Full accounting software integrations
- Everything in Bronze, plus:
- 100 credits per month
- Lower cost per additional credit
- Priority document processing
- Unused credits carry over
- Bulk document uploading
AvidXchange Pricing
Pros & Cons
AutoEntry
Pros
- High accuracy in extracting data from complex invoices
- Flexible credit system prevents paying for unused capacity
- Seamless integration with popular accounting software like Xero
- Mobile app makes receipt capture easy for employees
- Saves significant time compared to manual data entry
Cons
- Processing times can vary during peak periods
- Credit usage for line items can be confusing
- Interface feels slightly dated compared to newer competitors
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