Average Ratings 19 Ratings

Total
ease
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design
support

Average Ratings 0 Ratings

Total
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support

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Description

AvidXchange modernizes the way companies pay and get paid, so they can focus on what matters most. Our accounts payable (AP) solutions allow customers to increase efficiency, visibility, and control in their AP process. Increase Efficiency: Streamline invoice approvals and reduce administrative tasks, freeing up employees to focus on more strategic work. Improve Visibility & Control: Gain real-time visibility into invoice and payment status and create customed workflows to match your approval process. Gain Anywhere, Anytime Access: Boost productivity and prevent delays by having the flexibility to tackle AP tasks 24/7. Additionally, AvidXchange, Inc. is a licensed money transmitter for US B2B payments, licensed as a Money Transmitter by the New York State Department of Financial Services, as well as all other states that require a license.

Description

LayerNext is an innovative financial operations platform designed specifically for mid-market and enterprise finance teams, leveraging AI to streamline processes. It simplifies tasks such as accounts payable, bank reconciliation, and financial reporting across diverse environments, including cloud, desktop, legacy, and tailored systems. The platform's accounts payable functionalities efficiently handle invoice data by matching it with purchase orders and receipts, facilitating approval routing, and posting verified entries into an ERP system. Additionally, reconciliation agents effectively compare transactions with bank data or uploaded statements, while comprehensive reporting workflows compile financial insights from various connected sources. Users have the flexibility to customize business rules, establish approval chains, set tolerances, and manage exception handling. Human oversight is maintained through structured approval steps and validation checks, with detailed activity records readily accessible for audits. For organizations lacking API capabilities, agents can still function effectively via the application interface. LayerNext is particularly beneficial for organizations that deal with intricate finance workflows, elevated transaction volumes, or operate legacy systems, ultimately enhancing operational efficiency and accuracy in financial management. Its ability to adapt and integrate with various systems makes it a versatile solution for modern finance teams.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

NetSuite Yes 
QuickBooks Online Yes 
AccountMate Yes 
Acumatica Cloud ERP Yes 
AppFolio Property Manager Yes 
Blackbaud LMS Yes 
CINC Systems Yes 
FOUNDATION Yes 
Microsoft Dynamics 365 No 
QuickBooks Desktop Premier Yes 
QuickBooks Desktop Pro Yes 
QuickBooks Enterprise Yes 
QuickBooks Online Advanced Yes 
Rabbet Yes 
Rent Manager Yes 
Sage 100 Contractor Yes 
Sage Intacct Yes 
Smartwebs Yes 
Xero No 
Yardi Advanced Budgeting & Forecasting Yes 

Integrations

NetSuite Yes 
QuickBooks Online Yes 
AccountMate No 
Acumatica Cloud ERP No 
AppFolio Property Manager No 
Blackbaud LMS No 
CINC Systems No 
FOUNDATION No 
Microsoft Dynamics 365 Yes 
QuickBooks Desktop Premier No 
QuickBooks Desktop Pro No 
QuickBooks Enterprise No 
QuickBooks Online Advanced No 
Rabbet No 
Rent Manager No 
Sage 100 Contractor No 
Sage Intacct No 
Smartwebs No 
Xero Yes 
Yardi Advanced Budgeting & Forecasting No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

Enterprise pricing includes an implementation fee and a recurring subscription tailored to automation scope and transaction volume.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

AvidXchange

Founded

2000

Country

United States

Website

www.avidxchange.com

Vendor Details

Company Name

LayerNext Inc.

Founded

2022

Country

United States

Website

www.layernext.ai

Product Features

Accounts Payable

Approval Process Control Yes 
Bank Reconciliation Yes 
Cash Management No 
Check Writing No 
Duplicate Payment Alert No 
Fraud Detection Yes 
General Ledger Entry No 
Vendor Management No 

Billing and Invoicing

Billing Portal Yes 
Contact Database Yes 
Contingency Billing No 
Customer Portal Yes 
Customizable Invoices Yes 
Dunning Management No 
Hourly Billing No 
Invoice History Yes 
Mobile Payments No 
Multi-Currency No 
Online Invoicing Yes 
Online Payments Yes 
Payment Processing Yes 
Project Billing Yes 
Recurring/Subscription Billing Yes 
Service Ticket Billing No 
Tax Calculator No 

Expense Report

Approval Process Control No 
Invoice Management No 
Multi-Currency No 
Receipt Management No 
Reimbursement Management No 
Spend Control No 
Time Tracking No 
Workflow Management No 

Payment Processing

ACH Check Transactions Yes 
Bitcoin Compatible No 
Debit Card Support No 
Gift Card Management No 
Mobile Payments No 
Online Payments Yes 
POS Transactions No 
Receipt Printing No 
Recurring Billing Yes 
Signature Capture No 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking No 
Multi-Currency No 
Prepaid Cards No 
Procurement Management No 
Receipt Management No 
Spend Analysis No 
Spend Control No 
Supplier Management No 

Product Features

Accounts Payable

Approval Process Control No 
Bank Reconciliation No 
Cash Management No 
Check Writing No 
Duplicate Payment Alert No 
Fraud Detection No 
General Ledger Entry No 
Vendor Management No 

Alternatives

Alternatives

No Alternatives