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.
CheckWriter
CheckWriter is a specialized financial software that allows you to create and print legally compliant bank checks instantly from your own desktop using any standard printer and check paper.
Quick Comparison
| Feature | AvidXchange | CheckWriter |
|---|---|---|
| Website | avidxchange.com | checkwriter.com |
| Pricing Model | Custom | One_time |
| Starting Price | Custom Pricing | $99/month |
| FREE Trial | ✘ No 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 | 2000 | 1996 |
| Headquarters | Charlotte, USA | Boston, USA |
Overview
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.
CheckWriter
CheckWriter provides a straightforward solution for businesses and individuals who need to issue checks without waiting for pre-printed stock from a bank. You can draft, manage, and print professional checks directly from your office, which helps you maintain better control over your cash flow and immediate payment obligations. The system is designed to meet all American National Standards Institute (ANSI) requirements, ensuring your printed checks are accepted by all financial institutions.
You can also use the software to accept checks over the phone, via fax, or through your website by creating a 'draft' of the customer's check. This capability allows you to receive payments instantly and deposit them the same day. It eliminates the typical 3-5 day waiting period associated with ACH transfers or traditional mail, making it a practical tool for collections, insurance agencies, and retail businesses.
Overview
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.
CheckWriter Features
- Instant Check Printing. Print fully compliant checks immediately using your existing laser or inkjet printer and any standard check paper.
- Check-by-Phone Intake. Accept payments over the phone by entering customer details and printing a legal check draft for instant deposit.
- Virtual Terminal. Access a secure interface to manage your transactions, view payment history, and organize your digital check records.
- Batch Processing. Save time by processing multiple payments at once, allowing you to handle high volumes of transactions efficiently.
- MICR Encoding. Ensure your checks pass bank scanners every time with built-in MICR font support for routing and account numbers.
- Signature Digitization. Upload and apply your authorized signature to checks automatically to streamline your accounts payable workflow.
Pricing Comparison
AvidXchange Pricing
CheckWriter Pricing
- One-time software license
- Print checks and drafts
- Accept checks by phone/fax
- Works with any printer
- No per-transaction fees
- Basic reporting tools
- Everything in Standard, plus:
- Multi-user network support
- Advanced batch importing
- Enhanced security permissions
- Priority technical support
- Custom data export options
Pros & Cons
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
CheckWriter
Pros
- Eliminates recurring monthly fees for payment processing
- Checks are accepted by all major US banks
- Simple setup process works with standard printers
- Speeds up collections by bypassing traditional mail
- Reliable MICR line alignment for bank scanning
Cons
- Interface feels dated compared to modern SaaS
- Initial learning curve for alignment settings
- Requires manual data entry for basic versions