AvidXchange

AvidXchange

Overview

AvidXchange offers a complete accounts payable (AP) and payment automation solution purpose-built for real estate and property management companies. Integrating directly with Buildium, AvidXchange helps you process invoices without touching paper, boost efficiency and security, and gain full visibility into every outstanding invoice and payment. By automating the end-to-end AP process, Buildium customers reduce processing costs, scale invoice and payment volume without adding headcount, and keep approvals moving so your team can focus on growing the portfolio instead of chasing paperwork.

How the Integration Works

• Capture invoices — Receive invoices electronically through email submission or a dedicated PO Box, with indexing services included.
• Manage invoices — Code, route, and approve invoices through a fully customizable approval workflow.
• Sync with Buildium — Upload invoices into Buildium with no additional data entry required.

Why Buildium customers choose AvidXchange

• Reduced processing costs — Eliminate the expense of paper invoices and checks with one unified solution for both invoices and payments.
• Scalable growth — Handle rising invoice and payment volume without hiring additional staff, so you can add properties and process faster no matter the volume.
• Improved control and visibility — Configure custom, automated approval workflows and access invoices anywhere, on any device.
• Flexible vendor payments — Give vendors the ability to choose the payment method that works best for them, including Mastercard AvidPay Direct (enhanced direct deposit) and check.
• Smarter automation — AI and machine learning eliminate manual data entry and reduce errors, with powerful reporting and analytics built in.

Proven results

• Implementation in as little as 45 days
• A faster purchase-to-pay process
• Real-time online visibility into outstanding invoices and payments

*AvidXchange is a licensed money transmitter for B2B payments in the United States.