When customers pay through AvidXchange, the agents retrieve the remittance detail, match it to your open invoices, and apply the payment in your ERP.
Category
PaymentsTurn AvidXchange payments into applied cash.
Large payers often route their payables through AvidXchange, so your payment arrives as a check, ACH, or virtual card with the remittance kept in a separate notice. Fazeshift collects that remittance and lines it up with the deposit.
Each payment is matched to the invoices the remittance lists, including deductions and partial payments. The result is posted to your ERP for review, and your team no longer downloads remittances one by one.
Remittance matched to deposits
Payment notices are paired with the bank deposit they describe, even when the two arrive days apart.
Deductions explained
Lines that are short paid are identified from the remittance and routed to collections as disputes.
No manual downloads
Your team stops logging in to download a remittance file for each payment.
See it run in your system
Bring a batch of your real AR — invoices, payments, whatever’s messiest — and we’ll show you exactly how the agents would read, match, and post it back against your own records.