Software Alternatives, Accelerators & Startups

FairMarkIT VS AvidXchange

Compare FairMarkIT VS AvidXchange and see what are their differences

FairMarkIT logo FairMarkIT

Accelerating the source-to-award process to transform procurement

AvidXchange logo AvidXchange

Liberate Your AP
  • FairMarkIT Landing page
    Landing page //
    2023-08-22

Through streamlined sourcing, vendor identification, and automated quoting, Fairmarkit accelerates the bid-to-buy process. The solution uses machine learning and artificial intelligence to reduce manual effort by 30-40% on purchases while yielding savings of over 15%. The platform connects directly to your existing internal systems providing a rapid implementation process and enabling more spend to be placed under management. Fairmarkit is headquartered in Boston and is the only solution focused exclusively on tail spend sourcing and payment process.

  • AvidXchange Landing page
    Landing page //
    2023-09-09

At AvidXchange, we build software solutions and dedicated service teams that completely automate your accounts payable and payment process, liberating your AP from the endless paper chase that’s eating up time and money and replacing it with a digital application that provides you with 24/7 on-demand access.

Eliminate paper invoices and streamline approvals from anywhere without losing visibility or control.

Self-manage payments for suppliers you need to pay in-house, while decreasing chances of check fraud.

Make fast and secure payments while reducing processing costs -- backed by the industry's largest supplier network of over 500,000 companies.

Pay suppliers and subcontractors in their preferred payment method with greater visibility into payment status.

With AvidXchange you don’t need to replace your existing accounting software. Instead, our industry-leading tools seamlessly integrate with over 150 of the most popular accounting systems including Oracle NetSuite, Intuit Quickbooks, MRI, Microsoft Dynamics GP, Sage Intaact, Sage 300 and Rent Manager.

AvidXchange

Pricing URL
-
$ Details
paid
Release Date
2000 April
Startup details
Country
United States
City
Charlotte
Founder(s)
Chris Tinsley
Employees
1,000 - 1,999

FairMarkIT features and specs

No features have been listed yet.

AvidXchange features and specs

  • Integrations: Visit https://www.avidxchange.com/integrations to learn more

FairMarkIT videos

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AvidXchange videos

AvidXchange Demo Webinar - How to Leverage the Top 3 Benefits of Automated Accounts Payable

More videos:

  • Review - AvidXchange Training

Category Popularity

0-100% (relative to FairMarkIT and AvidXchange)
Procurement And Purchasing
Accounts Payable
0 0%
100% 100
Procurement Management
100 100%
0% 0
Accounting
9 9%
91% 91

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Reviews

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FairMarkIT Reviews

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AvidXchange Reviews

Best Accounts Payable Software for 2022
Why we like it: AvidXchange has invoice automation software, purchase order software and bill payment software that integrates with over 180 different accounting programs, making it more useful for small businesses that use something other than QuickBooks. There’s also a customer service phone number for live support. A quote-based pricing system and no free trial may make...

What are some alternatives?

When comparing FairMarkIT and AvidXchange, you can also consider the following products

Procurify - Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.

Bill.com - Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.

Ariba - Ariba is a software and information technology services platform providing companies with collaborative business commerce solutions.

Tipalti - Tipalti is a supplier payments automation solution to streamline all phases of the AP and payment management workflow.

Precoro - Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform!

Stampli - Interactive Invoice Management. Instant Relief for AP.