AvidXchange
6.9#34 in accounts payable softwareWebAPI
VisitAvidXchange vs Ottimate
What both publish
| Fact | AvidXchange | Ottimate |
|---|---|---|
| Founded | 2000 | 2014 |
| Implementation | The company says implementation time varies by business and accounting environment, and many customers are running in as little as six weeks. | Ottimate says implementation takes 6–12 weeks. |
| Integrations | AvidXchange says it offers 240 accounting system integrations, allowing businesses to automate AP without changing their current system. | The maker lists QuickBooks, NetSuite, Acumatica, and Sage Intacct integrations and says it connects with hundreds of accounting systems. |
| Invoice automation | AvidInvoice uses AI to extract invoice data, route invoices, support customizable approval workflows, and provide real-time invoice status visibility. | Ottimate uses machine learning to capture and code invoices, route approvals, and match invoices to purchase orders and receipts. |
| Invoice capture | ai | The platform captures invoice header and line-item details from multiple formats, including handwritten invoices. |
| Payments | AvidPay automates business bill payments while customers retain control over approving payments and can track their status. | Ottimate lets customers pay vendors from a central platform using methods including virtual card, ACH, and checks. |
| Security | AvidXchange describes layered security controls, fraud monitoring, multi-factor authentication support, and vulnerability management. | Ottimate states that its AP automation is SOC 2 Type 1 and Type 2 compliant and uses industry-standard encryption and security. |
| Support | AvidXchange provides customer support by phone Monday through Friday, 8 a.m. to 8 p.m. ET, and offers customer education resources including videos and webinars. | Customers can contact their support team through the website or the Ottimate platform. |
| Who it serves | Its AP automation solutions are built for middle-market businesses and cover industries including real estate, construction, financial services, healthcare, hospitality, education, and nonprofits. | Ottimate describes its customers as including hospitality, restaurants, accounting firms, grocery, retail, construction, healthcare, and manufacturing organizations. |
AvidXchange plans
- AvidXchange AP automation solutionsPriced on request
Ottimate plans
- Priority ACHFree
- Standard ACHFree
- Fast ACH$0.50, paid once
- Standard Check$5, paid once
- Priority Check$14.99, paid once
- Overnight Check$20.99, paid once
Pick AvidXchange if…
You want what its maker publishes above — check its page for the details.
Pick Ottimate if…
Ottimate suits finance teams managing invoices, approvals, vendor payments, and spend across hospitality, accounting firms, and other industries. It also offers mobile tools for invoice and payment tasks.