AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes
AvidXchange (AVDX) has unveiled new AI-powered features for its invoice automation solution, introducing three key enhancements: AI Approval Agent, AI PO Matching Agent, and improved Invoice Capture capabilities.
The AI Approval Agent analyzes historical patterns to assess invoice approval likelihood, while the PO Matching Agent automates line-item matching between purchase orders and invoices. Enhanced Invoice Capture features continuously learn from data patterns to deliver approval-ready invoices with reduced manual intervention.
According to AvidXchange's 2025 trends report surveying 500 mid-market finance leaders, 76% acknowledge AI's value in improving finance department efficiency. FirstService Residential, a customer, reported a 20% reduction in invoice discrepancy queue and increased accuracy in AP operations after implementing these features.
AvidXchange (AVDX) ha svelato nuove funzionalità potenziate dall'AI per la sua soluzione di automazione delle fatture, introducendo tre miglioramenti chiave: Agente di Approvazione AI, Agente di Abbinamento PO AI e capacità migliorate di Cattura Fatture.
L'Agente di Approvazione AI analizza schemi storici per valutare la probabilità di approvazione delle fatture, mentre l'Agente di Abbinamento PO automatizza il confronto degli articoli tra ordini di acquisto e fatture. Le funzionalità migliorate di Cattura Fatture apprendono continuamente dai modelli di dati per fornire fatture pronte per l'approvazione con un intervento manuale ridotto.
Secondo il rapporto sulle tendenze del 2025 di AvidXchange, che ha intervistato 500 leader finanziari di medie imprese, il 76% riconosce il valore dell'AI nel migliorare l'efficienza del dipartimento finanziario. FirstService Residential, un cliente, ha riportato una riduzione del 20% nella coda delle discrepanze delle fatture e un aumento dell'accuratezza nelle operazioni AP dopo aver implementato queste funzionalità.
AvidXchange (AVDX) ha presentado nuevas funciones impulsadas por IA para su solución de automatización de facturas, introduciendo tres mejoras clave: Agente de Aprobación AI, Agente de Coincidencia de PO AI y capacidades mejoradas de Captura de Facturas.
El Agente de Aprobación AI analiza patrones históricos para evaluar la probabilidad de aprobación de facturas, mientras que el Agente de Coincidencia de PO automatiza la coincidencia de artículos entre órdenes de compra y facturas. Las funciones mejoradas de Captura de Facturas aprenden continuamente de los patrones de datos para entregar facturas listas para aprobación con menor intervención manual.
Según el informe de tendencias 2025 de AvidXchange, que encuestó a 500 líderes financieros de medianas empresas, el 76% reconoce el valor de la IA en la mejora de la eficiencia del departamento financiero. FirstService Residential, un cliente, informó una reducción del 20% en la cola de discrepancias de facturas y un aumento en la precisión de las operaciones de AP después de implementar estas funciones.
AvidXchange (AVDX)는 인보이스 자동화 솔루션을 위한 새로운 AI 기반 기능을 공개하며 세 가지 주요 향상을 도입했습니다: AI 승인 에이전트, AI PO 매칭 에이전트, 그리고 개선된 인보이스 캡처 기능입니다.
AI 승인 에이전트는 역사적 패턴을 분석하여 인보이스 승인 가능성을 평가하며, PO 매칭 에이전트는 구매 주문과 인보이스 간의 항목 일치를 자동화합니다. 향상된 인보이스 캡처 기능은 데이터 패턴으로부터 지속적으로 학습하여 수동 개입을 줄인 승인 준비 완료 인보이스를 제공합니다.
AvidXchange의 2025년 트렌드 보고서에 따르면 500명의 중간 시장 재무 리더를 조사한 결과, 76%가 재무 부서의 효율성을 향상시키는 AI의 가치를 인정했습니다. 고객인 FirstService Residential은 이러한 기능을 구현한 후 인보이스 불일치 대기열이 20% 감소하고 AP 운영의 정확성이 증가했다고 보고했습니다.
AvidXchange (AVDX) a dévoilé de nouvelles fonctionnalités alimentées par l'IA pour sa solution d'automatisation des factures, introduisant trois améliorations clés : Agent d'Approbation IA, Agent de Correspondance de PO IA, et des capacités améliorées de Capture de Factures.
L'Agent d'Approbation IA analyse les modèles historiques pour évaluer la probabilité d'approbation des factures, tandis que l'Agent de Correspondance de PO automatise la correspondance des lignes entre les bons de commande et les factures. Les fonctionnalités améliorées de Capture de Factures apprennent en continu à partir des modèles de données pour fournir des factures prêtes à être approuvées avec une intervention manuelle réduite.
Selon le rapport sur les tendances 2025 d'AvidXchange, qui a interrogé 500 leaders financiers de PME, 76 % reconnaissent la valeur de l'IA dans l'amélioration de l'efficacité du département financier. FirstService Residential, un client, a signalé une réduction de 20 % de la file d'attente des écarts de factures et une augmentation de la précision des opérations AP après avoir mis en œuvre ces fonctionnalités.
AvidXchange (AVDX) hat neue KI-gestützte Funktionen für seine Rechnungsautomatisierungslösung vorgestellt und drei wesentliche Verbesserungen eingeführt: KI Genehmigungsagent, KI PO Übereinstimmungsagent und verbesserte Rechnungsaufnahme Fähigkeiten.
Der KI Genehmigungsagent analysiert historische Muster, um die Wahrscheinlichkeit der Genehmigung von Rechnungen zu bewerten, während der PO Übereinstimmungsagent die Übereinstimmung von Einzelposten zwischen Bestellungen und Rechnungen automatisiert. Verbesserte Rechnungsaufnahme-Funktionen lernen kontinuierlich aus Datenmustern, um genehmigungsbereite Rechnungen mit reduziertem manuellem Aufwand bereitzustellen.
Laut dem Trendsbericht 2025 von AvidXchange, der 500 Führungskräfte im Finanzwesen von mittelständischen Unternehmen befragt hat, erkennen 76 % den Wert von KI zur Verbesserung der Effizienz der Finanzabteilung an. FirstService Residential, ein Kunde, berichtete von einer Reduzierung der Rechnungsabweichungswarteschlange um 20 % und einer erhöhten Genauigkeit in den AP-Operationen nach der Implementierung dieser Funktionen.
- Launch of three new AI-powered features enhancing operational efficiency
- 20% reduction in invoice discrepancy queue reported by customer FirstService Residential
- Strong market validation with 76% of surveyed finance leaders recognizing AI value
- None.
Insights
AvidXchange's new AI capabilities represent a strategic enhancement to its core accounts payable automation platform, targeting key friction points in the AP workflow. The three AI agents introduced - Approval Agent, PO Matching Agent, and enhanced Invoice Capture - address specific operational challenges faced by mid-market finance teams.
The AI Approval Agent leverages historical approval patterns to predict outcomes, while the PO Matching Agent tackles one of the most time-consuming aspects of accounts payable: matching line items between invoices and purchase orders. These capabilities strike a thoughtful balance between automation and human oversight, maintaining customer control while reducing manual effort.
The customer testimonial citing a 20% reduction in invoice discrepancies provides concrete validation of the technology's effectiveness, though this represents just one implementation case. This enhancement aligns well with market demand, as evidenced by AvidXchange's research showing
These product enhancements should strengthen AvidXchange's value proposition for its target mid-market customers, who often lack the resources of enterprise organizations but face similar complexity in financial operations. While not revolutionary, these practical AI applications demonstrate AvidXchange's continued commitment to iterative product improvement focused on tangible customer outcomes rather than simply following AI trends.
CHARLOTTE, N.C., April 02, 2025 (GLOBE NEWSWIRE) -- AvidXchange Inc. (Nasdaq: AVDX), a leading provider in accounts payable (AP) automation, offering intelligent AP software and payment solutions specifically designed for mid-market businesses and their suppliers, today announced the launch of several new AI agents and enhancements within its invoice automation solution. These advancements reinforce AvidXchange’s ongoing commitment to delivering solutions that improve efficiency, visibility, and control for finance professionals.
As part of AvidXchange’s 2025 trends report, which surveyed 500 mid-market finance leaders, it was reported that
"As we celebrate 25 years of innovation in AP automation, we remain committed to pushing the boundaries of technology to help businesses improve operational efficiency and make more informed decisions,” said Emily Dalton, VP of Product at AvidXchange. “These AI-driven features reflect our dedication to providing solutions across the purchase-to-pay experience that drive tangible impact for our customers."
- AI Approval Agent: The new AI Approval Agent helps customers quickly assess how likely an invoice is to be approved by analyzing patterns from past decisions. Using historical data, such as invoice amounts and supplier details, the AI agent provides real-time insights to approvers throughout the AP workflow. While the AI agent delivers intelligent suggestions and transparency into how each recommendation was made, customers remain in full control of final approval decisions—ensuring human oversight remains part of the process.
- AI PO Matching Agent: AvidXchange’s AI PO Matching Agent automates one of the most time-consuming steps in the AP process: matching line-item details from invoices to purchase orders. It accelerates approvals by automatically matching line-item details between the PO and invoice while also improving accuracy. Visual indicators provide insight into where the AI agent is assisting which supports confident decision making while keeping customers in control.
- Invoice Capture Enhancements: AvidXchange has expanded the AI capabilities within its Invoice Capture feature which makes it even easier for teams to move invoices through the approval process. These additional AI capabilities continuously learn the unique patterns of the data across invoices, delivering approval-ready invoices that reduce the need for manual touchpoints. As the feature learns, it will apply those insights to future invoices, helping teams work more efficiently with every transaction.
"The AI-Enhanced Invoice Capture from AvidXchange is allowing our teams to enhance service to our clients," said Paul Kramlick, Vice President, Transactional Services, FirstService Residential, a long-time AvidXchange customer. "We've reduced our invoice discrepancy queue by
To learn more about AvidXchange’s invoice automation software and new AI capabilities, please visit here: https://www.avidxchange.com/solutions/invoice-automation-software/.
About AvidXchange®
AvidXchange (Nasdaq: AVDX) is a leading provider in accounts payable (AP) automation, offering intelligent AP software and payment solutions specifically designed for mid-market businesses and their suppliers. With 25 years of industry experience, AvidXchange modernizes the way businesses manage their expenses and payments by offering AI-enhanced software coupled with support from experts. Empowering over 8,500 growth-driven businesses, AvidXchange increases efficiency, control, and visibility in financial operations and has securely processed payments to more than 1.3 million suppliers through its proprietary payment network over the past five years. For more information, visit avidxchange.com.
Media Contact:
Kevin Logan
Manager of Corporate Communications
AvidXchange
pr@avidxchange.com
FAQ
What new AI features did AvidXchange (AVDX) introduce in April 2025?
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What percentage of finance leaders value AI in finance departments according to AvidXchange's 2025 report?
How does AvidXchange's AI Approval Agent maintain human oversight in the approval process?
