AvidXchange vs. Built: Which One is Better for Your Business?

Compare AvidXchange and Built to find the best platform for financial management, operational efficiency, and integrations in 2024.
AvidXchange vs. Built: Which One is Better for Your Business?

AvidXchange offers Accounts Payable Automation Software, which is crucial for businesses looking to enhance efficiency, visibility, and control over their financial processes. Built provides Position Management and Org Chart Software, essential for companies aiming to streamline workforce planning and talent management.

We will compare AvidXchange and Built to determine which platform best meets consumer needs in terms of functionality, integration, and overall value.

A Quick Overview of AvidXchange and Built

What is AvidXchange?

AvidXchange specializes in accounts payable automation software, serving industries such as real estate, construction, and healthcare. The platform offers AI-powered automation, seamless integration with existing accounting systems, and 24/7 online access, making it user-friendly and efficient. AvidXchange also provides extensive customer support, including live chat and educational resources, ensuring high customer satisfaction.

What is Built?

Built provides position management and organizational chart software, catering to various industries that require effective workforce management. The platform's modular design allows businesses to pay for only the features they need, such as advanced org charts and succession planning. Built is known for its ease of use and seamless integration with existing systems, supported by positive customer testimonials and a proactive demo scheduling option.

Comparing AvidXchange and Built: Features and Pricing

AvidXchange Features

AvidXchange offers a range of features designed to enhance the efficiency and control of the accounts payable process.

  • AI-Powered Automation: Utilizes artificial intelligence to streamline invoice processing and payment workflows.
  • Seamless Integration: Easily integrates with existing accounting systems and ERPs, providing a versatile solution for various business needs.
  • Supplier Network: Connects to one of the largest supplier networks, facilitating smoother transactions and better supplier relationships.
  • 24/7 Online Access: Allows users to manage accounts payable tasks from any device, ensuring flexibility and convenience.
  • Enhanced Visibility and Control: Offers improved oversight of approvals and payments, helping businesses maintain better financial control.

Built Features

Built is a modular platform that allows you to pay for only what you need today, and expand by adding other modules in the future.

  • Advanced Org Charts: Plan for growth, reorg, and downsizing with powerful, visual tools.
  • Position Management: Track vital position info like headcount, budgets, and history.
  • Succession Planning: Identify and develop your candidate pool to fill critical roles.
  • Integrations: Connect Built with your favorite apps.
  • Unique Position-Based Approach: Provides a complete, global view of all positions in your organization, including open positions.

AvidXchange and Built Similarities

Both AvidXchange and Built offer robust solutions designed to streamline business operations, making them valuable tools for companies looking to enhance efficiency and control. Despite focusing on different aspects of business management, they share several key features.

  • Modular Platform: Both platforms allow users to pay for only the features they need, with the option to expand as necessary.
  • Integration Capabilities: They emphasize seamless integration with other systems and applications, enhancing their utility and flexibility.
  • Customer Support and Resources: Both companies provide extensive customer support and educational resources to help users maximize the benefits of their software.
  • Demo Availability: Each platform offers the option to schedule a demo, allowing potential customers to see the software in action before committing.

AvidXchange and Built Differences

When comparing AvidXchange and Built, it's clear that each platform excels in different areas, catering to distinct business needs. AvidXchange focuses on automating accounts payable processes, while Built specializes in position management and organizational chart software.

  • AI-Powered AP Automation: AvidXchange leverages artificial intelligence to streamline invoice processing and payment workflows, a feature not available in Built.
  • Advanced Org Charts: Built offers sophisticated tools for planning growth, reorganizations, and downsizing, which are not part of AvidXchange's offerings.
  • Succession Planning: Built provides tools for creating and managing succession plans, a feature absent in AvidXchange.

AvidXchange and Built Pricing

AvidXchange does not provide specific pricing details on its website, making it difficult to gauge the cost of its accounts payable automation software. There are no mentions of subscription costs, transaction fees, or available discounts, leaving potential customers to contact the company directly for a quote.

In contrast, Built offers a customizable pricing structure based on organization size, required modules, and contract length. The platform also provides a 14-day free trial and potential discounts for non-profits and long-term contracts, making its pricing more transparent and flexible.

Overall, Built appears to offer better deals due to its transparent and customizable pricing options.

Why Choose One Over the Other?

Why Choose AvidXchange Over Built

Consumers who handle a high volume of invoices and payments, such as those in real estate or healthcare, might prefer AvidXchange for its AI-powered automation and extensive supplier network. This platform is ideal for businesses seeking to reduce administrative workload and improve visibility and control over their accounts payable processes.

Why Choose Built Over AvidXchange

HR directors and managers looking for advanced tools to plan growth, reorganizations, and succession would benefit from Built's position management and organizational chart software. This platform is perfect for companies of various sizes that need robust workforce planning and budgeting capabilities.

Considering Banner vs. AvidXchange and Built

What is Banner?

Banner provides project management solutions designed to make project delivery predictable and efficient. We serve over 10,000 users and are based in the San Francisco Bay Area. Our unique features include real-time spend controls, centralized project data, and eliminating manual data entry through advanced technology and integrations.

Comparing Banner to AvidXchange and Built

Choosing Banner over AvidXchange and Built offers several unique advantages:

  • Real-Time Spend Controls: Unlike AvidXchange and Built, we provide real-time spend controls, ensuring you stay within budget and avoid unexpected costs.
  • Centralized Project Data: Our platform centralizes all project data, making it easier to manage and access information compared to the fragmented data systems of AvidXchange and Built.
  • Elimination of Manual Data Entry: We eliminate manual data entry through advanced technology and integrations, reducing errors and saving time, a feature not fully addressed by AvidXchange or Built.
  • Comprehensive Project Management: Banner offers a full suite of project management tools, including budgeting, cost tracking, and cashflow forecasting, providing a more holistic solution than the specialized focuses of AvidXchange and Built.
  • Customizability: Our platform is highly configurable and can be tailored to meet specific project needs, offering more flexibility than the more rigid structures of AvidXchange and Built.

For a more predictable and efficient project delivery, Banner stands out as the superior choice.

What Are the Customers Saying?

AvidXchange reviews

Overall, users have given AvidXchange a rating of 4.3 out of 5, highlighting both its strengths and weaknesses. While many appreciate its ease of use and time-saving features, others have faced issues with customer support and payment delays.

"AvidXchange is a timesaver!" - 5 out of 5 - Jamie M.

"Constant Issues" - 0.5 out of 5 - Misty F.

For more detailed reviews, visit AvidXchange Reviews & Product Details.

Built reviews

Overall, users have given Built a rating of 4.6 out of 5, praising its ease of use and helpful customer support, while noting issues with integration and leave management.

"Ease of use" - 5 out of 5 - Katie F.

"Incredible Service Team for a Still-Growing Product" - 4.5 out of 5 - Zhanna L.

For more detailed reviews, visit Built Reviews & Product Details.

Banner reviews

We have explored Banner, a project management tool designed to make project delivery predictable and efficient. Users have given Banner an overall rating of 4.7 out of 5.

"Incredibly impressive, exactly what we needed. Super easy to use. It's great." - 5 out of 5 - Jim Gentili, Industrious

"We looked at every solution on the market over a 2 year period and Banner was the only one willing to make critical customizations and go the extra mile." - 4.5 out of 5 - Dave Ruth, Livcor

Final Decision: AvidXchange, Built, or Banner?

While AvidXchange and Built offer valuable features tailored to specific business needs, Banner stands out for its comprehensive project management capabilities and user-friendly design. Whether you're looking to streamline accounts payable, manage workforce planning, or ensure efficient project delivery, any of these platforms could be a great fit. However, for those seeking a holistic solution with real-time spend controls and centralized project data, we recommend giving Banner a try.

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