Enhance Your AP With AI in Finance and Accounting

Tackle 100% of your invoices with AvidXchange AI’s industry-leading accuracy. Our extensive experience, processing millions of invoices monthly across our customer network, enables us to deliver the highest level of performance. Maximize your ROI and save your team valuable time by ensuring all your invoices are processed.

Your AI is driven by our purpose-built algorithm, meticulously trained on millions of invoices to ensure exceptional accuracy.

We quickly and automatically scan and extract invoice data, which is then validated by our expert indexing services. With human oversight for quality assurance, our machine learning model continuously learns and improves, consistently achieving an accuracy rate of over 99.2%.

Enhance productivity by allowing your team to interact with our AI capabilities using everyday language. Ask questions around the status of a specific payment or gain insights like "Who were my largest suppliers in March?"

Employees spend less time searching for information and more time on strategic tasks. Quick, straightforward queries lead to faster data retrieval, empowering your team to operate with greater efficiency and concentrate on higher-value activities.

Reduce complex payment interactions, like navigating intricate phone menus, inputting your information at the appropriate prompts, and waiting for positive confirmation before concluding the call with generative AI. This advanced capability ensures faster, more accurate payments.

Manually entering invoice line items can be a tedious and error-prone task, especially when dealing with invoices containing up to one hundred line items. This process often leads to reconciliation issues later in the payables workflow.

Simply log into your AvidXchange Invoice portal to see your invoice data, including line-item details, automatically captured and populated for your review. Enabling line-item capture improves accuracy and compliance for your payables while saving your team from the tedious task of manually coding individual line items.

Even the most efficient workflows can be disrupted by exceptions caused by missing or incorrect data, or location variability. Managing these exceptions typically requires human oversight to ensure accuracy and completeness.

AvidXchange AI learns from previous invoice best practices, such as recognizing location-specific account codes and applying them to future invoices. This significantly reduces the number of exceptions, freeing up valuable time and resources for more value-added tasks.