AvidXchange vs Newforma
AvidXchangeAccounts Payable Automation
CustomPublished price
NewformaConstruction Document Management
CustomPublished price
AvidXchange Accounts Payable Automation AP automation for the middle market. | Newforma Construction Document Management One Single View of Truth for Every Project | |
|---|---|---|
| Overview | ||
| Category | Accounts Payable Automation | Construction Document Management |
| What it is | AvidXchange provides accounts payable and payment automation for mid-market companies with invoice processing, approvals, and electronic payments. | Project information management software for AEC firms that organizes emails, submittals, RFIs, and project files. |
| Pricing | ||
| Published price | Custom AvidXchange does not publish prices; it uses tiered, subscription-based pricing per selected modules (AvidInvoice, AvidPay, AvidBuy, etc.) plus invoice/payment volume. Third-party… | Custom Quote-only. Newforma sells project information management for AEC firms via two products: Newforma Konekt (SaaS cloud PIM) and Newforma Project Center (on-prem PIM, often licensed… |
| Pricing model | Custom quote | Custom quote |
| Free options | No free plan · No free trial | No free plan · No free trial |
| Deal on Cubbie | None right now | None right now |
| Company | ||
| Founded | 2000 | 2004 |
| Team size | 1001-5000 employees | 51-200 employees |
| Headquarters | Charlotte, North Carolina | Manchester, NH |
| Featured clients | Real estate companies, HOA managers, Construction firms | Not available |