AvidXchange vs. Medius

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AvidXchange
Score 7.3 out of 10
N/A
AvidXchange is an automated bill payment system.
$5,000
per license
Medius
Score 7.0 out of 10
N/A
The Medius Spend Management Suite is a modular approach to managing spend throughout the organization. Users can select to deploy one, several, or all modules depending on an organization’s needs.
$2,499
per month
Pricing
AvidXchangeMedius
Editions & Modules
AvidXchange
5,000
per license
Professional
$2,499
per month
Enterprise
$3,499
per month
Premium
$19,999
per month
Offerings
Pricing Offerings
AvidXchangeMedius
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AvidXchangeMedius
Features
AvidXchangeMedius
Payment Management
Comparison of Payment Management features of Product A and Product B
AvidXchange
9.8
Ratings
26% above category average
Medius
-
Ratings
Customizable Approval Policies10.00 Ratings00 Ratings
Financial Document Management9.00 Ratings00 Ratings
Payment Status Tracking10.00 Ratings00 Ratings
Payment Audit Trail10.00 Ratings00 Ratings
Duplicate Bill Detection10.00 Ratings00 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
AvidXchange
10.0
Ratings
41% above category average
Medius
-
Ratings
Automated Accounts Payable Processes10.00 Ratings00 Ratings
Vendor Management10.00 Ratings00 Ratings
User Ratings
AvidXchangeMedius
Likelihood to Recommend
9.0
(0 ratings)
-
(0 ratings)
Likelihood to Renew
8.2
(0 ratings)
-
(0 ratings)
Usability
8.2
(0 ratings)
-
(0 ratings)
Availability
9.0
(0 ratings)
-
(0 ratings)
Performance
8.0
(0 ratings)
-
(0 ratings)
Support Rating
8.2
(0 ratings)
-
(0 ratings)
Implementation Rating
7.3
(0 ratings)
-
(0 ratings)
User Testimonials
AvidXchangeMedius
Likelihood to Recommend
For a company who is needing to transition from paper invoices/manual approvals to an electronic solution, AvidXchange is an excellent option. It is very functional and will highly improve your invoice capability, the speed of invoice processing, and will help your overall accounts payable department. It also makes auditing much easier, where auditors are able to easily search invoices, see approvals, payment status, etc.
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Pros
  • Automation: Every part of Avid's process is automated through the use of workflows established by the AvidXchange administrator. This allows all vested entities to review and approve the payment of an invoice in a timely manner.
  • Transparency: As an invoice goes through the review and approval process, every step is documented and available for review. This ensures all parties are appropriately vested in ensuring the timely approval of invoices for payment
  • Accuracy: Automating the AP process has helped to minimize the risk for errors that occur through manual invoice entry and approval.
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Cons
  • I really wish there was a way for AvidXchange indexers to "get to know" the companies they index for. The indexing policies are such that it leaves little room for common sense and I do a fair share of correcting workflows and such.
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Likelihood to Renew
At the moment we have a contract for another year, we are hoping there is improvement with the company to decide if we stay with them or change.
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Usability
AvidXchange is very easy to use and the customer service is always there is you need help or more training. New employees even comment on how easy it is to pickup the program.
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Support Rating
Except for occasional escalations needed to Level 2 support, they are efficient and quick with nearly all requests.
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Alternatives Considered
At the time we moved to AvidXchange; CSI did not have the full functionality of processing invoice for payment. We only utilized them for specific vendor who took payments via virtual credit card. All invoices were processed in house by our AP Department.
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Return on Investment
  • AvidXchange has saved us on payroll by making the process go from hours to minutes. It really cuts down the time needed to get invoices approved and into QB for payment.
  • It is very easy to train employees to use which also saves time and money.
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ScreenShots

Medius Screenshots

Screenshot of the dashboard of Medius AP automationScreenshot of the Medius payments screenScreenshot of the Medius Fraud & Risk screen where users can invalidate an invoiceScreenshot of Medius Copilot, a smart AI assistant