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Comparison Splitit vs. AvidXchange Payment Solutions Vendor Comparison

Splitit and AvidXchange are Payment Solutions vendors.

splitit.com
Splitit Installment payments using existing credit cards. They focus on Buy Now Pay Later, Lease-to-Own, & Try Before You Buy.

avidxchange.com
AvidXchange Automates accounts payable with seamless integrations. They focus on Payment Processing & Infrastructure.

Splitit or AvidXchange?
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AvidXchange

"Automates accounts payable with seamless integrations."
Focused on Payment Processing & Infrastructure .
AvidXchange transforms how finance teams handle accounts payable by automating invoice processing and payments, reducing manual tasks. It integrates with existing platforms, connecting users to a large supplier network. This helps streamline operations, increase visibility, and maintain control without altering current systems.

Key Features & Benefits

AI-enhanced efficiency
AvidXchange claims that its AI-enhanced AP automation improves efficiency by reducing processing time and enhancing accuracy, thereby allowing employees to focus on strategic work.
extensive supplier network
AvidXchange claims that it connects users to one of the largest supplier networks, facilitating paperless invoicing and payments with seamless integration into existing systems.
comprehensive control and security
AvidXchange claims that its solutions offer a secure platform with full audit trails and built-in protection, enabling organizations to manage spend and compliance confidently.

Splitit

"Installment payments using existing credit cards."
Focused on Buy Now Pay Later, Lease-to-Own, & Try Before You Buy .
Splitit allows shoppers to pay over time using their current credit card. No new loans or extra fees. Merchants get white-label installment options, increasing order values and conversion rates. It's a seamless, zero-friction experience that taps into existing payment infrastructure while keeping debt manageable for consumers.

Key Features & Benefits

End-to-end installment journey
Splitit claims that their white-label installments provide an end-to-end journey, enhancing brand consistency and customer loyalty.
Use existing credit card
Splitit claims that shoppers can use their existing credit cards without new loans, simplifying purchases and increasing ease-of-use.
Seamless global integration
Splitit claims that their solution integrates seamlessly with existing global credit card payment rails, improving the user experience.
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