AvidXchange Empowers ERP Partners with Accounts Payable as a Service

Core Insights - AvidXchange has launched Accounts Payable as a Service, allowing ERP providers to offer a fully integrated accounts payable and payments experience within their platforms [1][2] Group 1: Product Offering - The new service leverages AI-enhanced automation and connects customers to a payments ecosystem of over 1.3 million suppliers, which reduces setup time and accelerates supplier adoption [2][4] - AvidXchange's AP as a Service model enables ERP customers to activate payments directly within their platform, significantly reducing IT effort and allowing for a go-live period of days instead of weeks [3][4] Group 2: Partnerships and Integration - AvidXchange's technology is already embedded within leading ERP platforms such as M3 and CINC Systems, enhancing invoice and payment automation for finance teams [4] - The embedded solutions have transitioned from optional add-ons to strategic differentiators, helping ERP providers remain competitive and deliver greater value to their customers [4] Group 3: Technical Features - The service includes features such as embedded onboarding, support, and payment activation, which contribute to a faster and more intuitive go-live experience [6] - Flexible APIs and prebuilt modules allow for seamless integration of invoice and payment workflows within ERP platforms, ensuring a consistent user experience [6] - The system maintains the ERP as the single source of truth for accounts payable and payments, centralizing workflows and data [6]