AvidXchange AvidPay Now Integrated with Concur Invoice

We are excited to announce the launch of AvidPay from AvidXchange, an accounts payable (AP) automation integration with Concur Invoice. This cloud-based integration allows Concur Invoice customers to pay bills efficiently by offering flexible e-payment options to suppliers through the AvidPay Network, including virtual card and AvidPay Direct – a proprietary ACH+ product leveraging ACH with enhanced information.

Concur Invoice allows businesses to capture and automate invoices using machine learning, integrating those payments into a single system to manage spending. Through this partnership, Concur Invoice customers have visibility to streamline approvals and speed the transfer of funds by completing the AP process with AvidPay. Customers sending e-payments through the AvidPay Network experience fast and secure payments, ensuring suppliers are paid accurately and on time. They also receive support from AvidXchange’s 400-person supplier services team to field payment inquiries and maintain payment preferences on behalf of suppliers so internal teams can focus on more value-add tasks. 

Additionally, with AvidPay, Concur Invoice customers can:

• Maximize efficiency by eliminating the need to print, stuff, sign, or mail checks
• Minimize security risks around sensitive supplier bank account data and limit liability associated with check fraud
• Drive predictable ROI by reducing hard costs associated with paper checks, including check stock and postage

Access to the AvidPay Network for Concur Invoice customers is now available in the SAP Concur App Center.