The smarter AvidXchange alternative finance leaders are choosing

Key Takeaways:

• Many businesses find software-only AP solutions like AvidXchange insufficient, as they add complexity without providing the partnership and support needed for long-term success. 

• AvidXchange’s private equity acquisition raises concerns about stability, support, and alignment with customer needs, increasing risk for finance teams. 

• Corcentric offers an AvidXchange alternative, a hybrid model combining automation with managed services that delivers end-to-end AP coverage, flexible payment options, and ongoing support. 

• Companies are switching to Corcentric for greater stability, reduced manual workload, improved supplier relationships, and long-term strategic value beyond basic automation. 

Accounts payable automation should simplify, not complicate. Yet many businesses discover that implementing a software-only solution like AvidXchange often falls short of expectations. While the platform promises streamlined invoice processing and digital payments, what it often delivers is another tool for finance teams to manage without the support, flexibility, or partnership needed to drive real results. 

The difference between a vendor and a strategic partner lies in what happens after the software is switched on. For companies rethinking their AP strategies — especially those seeking an AvidXchange alternative amid uncertainty about the company’s direction post-acquisition — the stakes are higher than ever. Corcentric’s hybrid model offers a more stable, scalable, and strategic alternative. 

When your software vendor becomes a risk

AvidXchange may be a recognized name in accounts payable software, but recognition doesn’t equal reliability. The company’s recent acquisition by a private equity firm raises real questions about long-term stability. PE ownership often brings a shift in priorities: cost-cutting, quick returns, and frequent restructuring. For customers, that can mean reduced service levels, disrupted support, and a roadmap driven by investor timelines, not business needs. 

For organizations depending on AP systems to manage cash flow, maintain supplier relationships, and ensure compliance, that kind of uncertainty is more than inconvenient. It’s risky. 

Corcentric’s difference: stability, strategy, and service 

Corcentric isn’t a software vendor. We’re a financial automation partner built for long-term alignment with our clients. With over two decades of experience and hundreds of successful deployments, we’ve seen the pitfalls of one-size-fits-all platforms and designed our solution to avoid them. The result? Total payment control through a flexible, fully managed solution.  

What makes us different? 

• End-to-end coverage: From invoice capture to payment execution and reconciliation, Corcentric handles the entire AP cycle through a single, managed platform. 

• True managed AP: Unlike AvidXchange’s AP automation, which requires your team to manage exceptions, we bring dedicated support to onboard suppliers, resolve discrepancies, and maintain smooth workflows. 

• All payment types fully supported: Whether it’s virtual cards, ACH, checks, or traditional P-cards, Corcentric offers complete payment flexibility and manages supplier preferences for you. 

• Built-in compliance and security: Our enterprise-grade fraud prevention, audit readiness, and real-time visibility are designed for companies where accuracy and trust matter. 

• White-glove support: Implementation is just the beginning. Our team stays with you at every step so that the solution evolves as your business grows.

The problem with partial automation

AP software alone can improve invoice routing or reduce paper, but without expert support and continuous process management, companies often face: 

• Manual workarounds: Exceptions, disputes, and mismatched data still need attention. With AvidXchange and similar platforms, your team remains responsible for closing those gaps. 

• Supplier friction: Vendors pushed into unfamiliar portals or payment changes without support can delay onboarding or resist adoption, thereby putting your relationships at risk. 

• Hidden costs: While AvidXchange pricing is quote-based, many users report unexpected add-ons for services that go beyond basic automation. 

In contrast, Corcentric’s hybrid approach delivers predictable value, backed by service-level accountability and a transparent pricing model that scales with your needs. 

Built for resilience, not just automation

Market volatility has made stability a differentiator. Whether navigating supply chain disruptions, economic headwinds, or internal restructuring, companies need partners who stay steady. Corcentric’s model is designed for resilience, offering automation and expert guidance in one seamless package: 

• Improving working capital through optimized payment timing and rebate programs. 

• Boosting supplier loyalty with seamless onboarding and proactive communication. 

• Reducing operational overhead by outsourcing exception handling and payment execution. 

• Strengthening audit readiness with built-in compliance and real-time reporting. 

This is where managed AP services truly shine, not just in reducing costs, but in increasing long-term value. 

Why businesses are switching now

Many finance leaders exploring an AvidXchange alternative cite a common realization: Automation without partnership only solves part of the problem. What they need is a complete solution that removes day-to-day burdens and sets up long-term success. 

Corcentric is that solution. 

We don’t just digitize your workflow — we take ownership of the process, helping your team move from firefighting to forecasting. The result? A more agile finance function, ready to support broader business goals. 

Ready to move from vendor to partner?

If you’re reconsidering your AP strategy or growing uneasy with your current provider, let’s talk. Corcentric offers a more stable, scalable, and strategic AvidXchange alternative. One financial automation partner. One platform. Total peace of mind. 

Learn how Corcentric can help transform your AP operations here.