Fidesic

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Fidesic

Fidesic Competitive Intelligence & Landscape

fidesic.com ·

Overview

Fidesic Overview

Fidesic (fidesic.com) is a company specializing in Accounts Payable (AP) Automation solutions, primarily for businesses utilizing Microsoft Dynamics GP and D365 Business Central [https://www.fidesic.com/]. The company’s core mission is to simplify the lives of its customers by continuously improving and innovating solutions for accounts payable, accounts receivable, and document management automation [https://www.fidesic.com/about]. Fidesic emphasizes delivering custom AP automation solutions with fast time-to-value and a high return on investment [https://www.fidesic.com/].

Fidesic offers several key products and services designed to streamline AP processes. These include MagiCapture, an AI-powered invoice capture system, RouteWise for visual workflow editing, JustPay for simplified vendor payments, and VendorVault, a self-serve vendor portal [https://www.fidesic.com/]. The company's AI invoice capture boasts up to 99% touchless invoice processing within six weeks, alongside advanced approval workflow engines, secure check and ACH payment fulfillment, automatic PO matching, and custom reporting for enhanced visibility [https://www.fidesic.com/].

Established in 2008, Fidesic has built its reputation on providing seamless integration and performance for Dynamics BC and GP users, making invoice data capture, processing, and vendor payments easier [https://www.fidesic.com/frequently-asked-questions-faq]. The company targets a diverse market, including rapidly growing mid-market companies with centralized AP processes, multi-location organizations, management service organizations needing scalable invoice processing, and established businesses looking to modernize legacy processes [https://www.fidesic.com/]. They serve both U.S. and Canadian companies using Dynamics ERP and offer different plans, including a free tier for testing or small AP teams and a Pro plan for growing businesses [https://www.fidesic.com/pricing, https://www.fidesic.com/about-fidesic-partnerships].

While Fidesic does not explicitly state its headquarters location on the provided pages, it emphasizes a "people-first" approach and an in-house support staff [https://www.fidesic.com/frequently-asked-questions-faq, https://www.fidesic.com/resources/faq]. The company’s solutions are built on the secure Microsoft Azure Cloud and adhere to various data security compliances like SSAE Type 16, SAS 70, and PCI [https://www.fidesic.com/security-policies, https://www.fidesic.com/resources/faq]. The leadership team includes owners/partners Bunmi Akinyemiju and John Gilkey, with Mike Skinner serving as General Manager [https://www.fidesic.com/about-fidesic-meet-the-team].

Competitors

Fidesic Competitors

While Fidesic specializes in AP automation for Microsoft Dynamics GP and Business Central, it faces competition from a range of companies offering similar financial management and automation solutions.

AvidXchange is identified as a top competitor to Fidesic on competitive intelligence platforms like Tracxn.

AvidXchange offers comprehensive procure-to-pay solutions, focusing on automating the entire accounts payable process for mid-market businesses. While both companies target AP automation, AvidXchange generally caters to a broader market segment and offers a more extensive suite of services, potentially giving it a larger market share than Fidesic which focuses on specific Microsoft ERP integrations.

Expensify is another notable competitor, as listed on TrustRadius. While Fidesic focuses on invoice capture and AP workflow, Expensify provides a broader spend management platform that includes receipt scanning, expense tracking, corporate card management, and employee reimbursements.

Expensify's offering is designed for businesses of all sizes globally, contrasting with Fidesic's more specialized integration with Microsoft Dynamics ERP systems. This broader functionality and market reach position Expensify as a significant competitor in the wider financial automation space.

Tipalti emerges as a strong competitor to Fidesic, particularly in accounts payable automation.

Tipalti offers a robust platform for global payables, including invoice processing, payments, and supplier management. Similar to Fidesic, Tipalti aims to streamline AP, but it often targets companies with more complex, international payment needs and offers extensive features for managing global suppliers and compliance, potentially serving a larger enterprise market compared to Fidesic's focus on Microsoft Dynamics users.

Stampli is also recognized as a key alternative to Fidesic on platforms like CB Insights and LeadIQ.

Stampli provides AI-powered AP automation that emphasizes efficient invoice processing and approval workflows. Both Stampli and Fidesic leverage AI for invoice capture and workflow, but Stampli differentiates itself with its "AI that learns" approach, aiming for continuous improvement in accuracy and efficiency, and often competes for mid-market and enterprise clients seeking highly customizable and intelligent AP solutions.

Alternatives

Fidesic Alternatives

Product & Pricing

Fidesic Product and Pricing Intelligence

Fidesic offers Accounts Payable (AP) Automation solutions tailored for Microsoft Dynamics GP and D365 Business Central. They provide flexible pricing structures, including a Fidesic Free plan and a Fidesic Pro paid tier. The Fidesic Free plan is designed for testing or small AP teams, allowing for one company, three users, and up to 100 invoices per month, with basic OCR capture, email approval workflows, and native integration for Dynamics 365 BC and Dynamics GP [fidesic.com/pricing/fidesic-for-free].

The Fidesic Pro plan is priced at $59 per admin user per month, with a lower rate of $29 per month for standard users. This tier is intended for growing businesses looking to scale their AP processes [fidesic.com/pricing]. All versions of Fidesic include support via email, phone, and web, provided by in-house experts [fidesic.com/resources/faq].

Fidesic has also recently introduced updates to simplify pricing for multi-entity companies, offering a single environment pricing model and a new "Approver" user level to make it more cost-effective for companies to add more users and locations for invoice approvals [fidesic.com/blog/fidesics-latest-update-streamlines-setup-for-multi-entity-companies]. Their services emphasize customizability, AI-powered invoice capture, advanced approval workflows, and secure payment fulfillment [fidesic.com].

Hiring & Layoffs

Fidesic Hiring and Layoffs

While specific hiring trends and layoff information are not explicitly detailed on Fidesic's website, the company emphasizes a philosophy of continuous growth for both its team and individuals, stating, "Tell people what to do, not how to do it, and let them surprise you with the results" [https://www.fidesic.com/careers]. This approach suggests a focus on empowering employees and fostering an entrepreneurial spirit within the company [https://www.fidesic.com/careers].

Fidesic presents itself as a company of "People who care. Software that helps" [https://www.fidesic.com/about-fidesic-meet-the-team]. Their "About Us" page highlights a commitment to continually improving and striving to do better, indicating a culture of innovation and problem-solving to meet customer challenges [https://www.fidesic.com/about]. The company's leadership team includes Bunmi Akinyemiju and John Gilkey as Owner Partners, Mike Skinner as General Manager, and Kevin Pritchard as VP of Product & Growth [https://www.fidesic.com/about-fidesic-meet-the-team].

A notable strategic direction indicated by Fidesic's offerings is their solution for a "Virtual AP Clerk." This service aims to automate invoice processing through AI-powered image capture, allowing businesses to reduce manual data entry and potentially shift hiring resources from traditional AP clerk roles to more value-driving analyst positions [https://www.fidesic.com/solutions/virtual-ap-clerk]. This suggests Fidesic is positioning itself as a solution for companies struggling to hire AP clerks, effectively offering their software as an alternative to hiring additional staff [https://www.fidesic.com/solutions/by-role/human-resources].

This focus on automation and efficiency implies that Fidesic's own hiring patterns would likely lean towards roles that develop and support their advanced software solutions, process optimization, and expert advisory services, rather than roles that perform manual, repetitive tasks that their software aims to eliminate for clients. Their emphasis on tailor-made solutions and rapid time to value also points to a need for skilled professionals in implementation and client consultation [https://fidesic.com/].

Leadership

Fidesic Management and Leadership Team

Fidesic is led by a team of owners and key executives, emphasizing a philosophy of empowering individuals to achieve results ["Careers"]["About Us"]. The ownership partners include Bunmi Akinyemiju and John Gilkey ["About Fidesic- Meet the Team!"]["About Us"]. These individuals are actively involved in guiding the company's strategic direction.

Mike Skinner serves as the General Manager, overseeing the daily operations and overall business performance of Fidesic ["About Fidesic- Meet the Team!"]. His role is crucial in ensuring the company's objectives are met and that the team operates efficiently.

Kevin Pritchard holds the position of VP of Product & Growth ["About Fidesic- Meet the Team!"]. He plays a significant role in product development and market expansion, as evidenced by his participation in industry events like Directions North America and Summit NA, where he presented on AI-focused sessions and discussed partnerships ["Directions NA 2023 Recap"]["Summit 2023 - AI Session and Hanging on the Expo Floor"]["We're Partnering with PayTrace to Provide a Complete Accounts Receivable/Payable Solution"]. This leadership structure highlights Fidesic's commitment to innovation and customer-centric solutions in AP automation.

The company's leadership fosters a culture where employees are encouraged to grow and innovate, aligning with their mission to make customers' lives easier through continuously improving and innovative solutions for accounts payable, accounts receivable, and document management automation ["Careers"]["About Us"].

Financials

Fidesic Financial Performance, Fundraising, M&A

Fidesic (fidesic.com) operates as a private entity, focusing on Accounts Payable (AP) automation solutions for Microsoft Dynamics GP and Business Central. While specific revenue figures and detailed financial performance data are not publicly disclosed, the company emphasizes delivering a rapid return on investment, with customers potentially seeing ROI within the first month of implementation [https://www.fidesic.com/pricing].

Fidesic offers a tiered pricing structure, including a "Fidesic Free" version for smaller AP teams or trial purposes, which supports one company, three users, and up to 100 invoices per month [https://www.fidesic.com/pricing]. Their paid offering, "Fidesic Pro," is priced at $59 per admin user per month, catering to growing businesses seeking to scale their AP operations [https://www.fidesic.com/pricing].

The company has been in business since 2008 and is privately owned, with Bunmi Akinyemiju and John Gilkey identified as owner partners, and Mike Skinner serving as General Manager [https://www.fidesic.com/frequently-asked-questions-faq, https://www.fidesic.com/about-fidesic-meet-the-team]. There is no public information available regarding fundraising rounds, venture capital investments, or any merger and acquisition activities for Fidesic (fidesic.com). The company's focus remains on continuous improvement and innovation in its AP automation products to meet customer challenges [https://www.fidesic.com/about].

Partnerships

Fidesic Partnerships, Clients and Vendors

Fidesic, a company specializing in Accounts Payable (AP) automation since 2008, emphasizes teamwork through its robust partnership program, aiming to help clients grow by providing essential support and improving customer lifetime value through secure, modernized AP solutions for Dynamics GP users [https://www.fidesic.com/partnership].

Fidesic offers a bonus program for ERP Consultants, highlighting its commitment to supporting partners [https://www.fidesic.com/about-fidesic-partnerships]. The company also provides a range of partner resources, including brochures and videos showcasing its AI-powered invoice processing, to assist partners in supporting their clients [https://www.fidesic.com/partnership-resources].

Fidesic has established key technology integrations and ecosystem relationships to enhance its AP automation offerings. It delivers seamless integration and performance for Microsoft D365 Business Central and Dynamics GP, making invoice data capture, processing, and vendor payments easier for AP professionals [https://www.fidesic.com/frequently-asked-questions-faq]. Notably, Fidesic has partnered with PayTrace to offer a comprehensive Accounts Receivable/Payable (AR/AP) solution that integrates directly with Microsoft Dynamics [https://www.fidesic.com/blog/were-partnering-with-paytrace-to-provide-a-complete-accounts-receivable/payable-solution, https://www.fidesic.com/blog/were-going-live-with-paytrace]. Additionally, Fidesic has collaborated with EWS Group to integrate with MoversSuite, specifically supporting moving companies using Microsoft Dynamics GP or Business Central [https://www.fidesic.com/blog/fidesic-launches-new-moverssuite-integration-for-dynamics-erp-accounts-payable].

Furthermore, Fidesic announced a multi-entity integration for Microsoft D365 Business Central users, making vendor invoice processing easier for AP professionals using Binary Stream Multi-Entity Management (MEM) [https://www.fidesic.com/blog/fidesic-ap-suite-announces-multi-entity-integration-for-microsoft-d365-business-central]. This integration allows Business Central users with multiple locations or entities to process vendor payments faster and more accurately [https://www.fidesic.com/blog/fidesic-ap-suite-announces-multi-entity-integration-for-microsoft-d365-business-central]. A notable client is MB2 Dental Solutions, a fast-growing dental management and practice development company that benefits from Fidesic's accounts payable solutions for multi-entity operations [https://www.fidesic.com/resources/case-studies/fidesic-accounts-payable-for-multi-entity].

Badger PaperBoard has also praised Fidesic's team for their expertise in Business Central and their helpful support [https://www.fidesic.com/product/dynamics-business-central-integration].

Events

Fidesic Event Participations

Fidesic actively participates in a variety of events, including conferences, trade shows, and webinars, demonstrating its engagement within the Microsoft Dynamics Community. The company consistently attends significant industry gatherings such as DynamicsCon Live, with planned attendance for 2025 in Chicago and 2026 in Las Vegas, as well as Directions NA, where they have even hosted an expo booth in Orlando in 2026 "Heading to Directions NA 2026 -- Find us in Orlando!".

Fidesic also frequently participates in Community Summit Roadshow events, designed for the Microsoft community. They have attended the Chicago roadshow in May, and are also noted for attending the Summit NA Roadshow in Madison in August 2025, which offers free training and networking opportunities "Summit NA Roadshow — Madison". These events underscore Fidesic's commitment to networking and learning within the Dynamics ecosystem "Where We're Going - Fidesic In-Person Event Schedule".

Beyond the Dynamics-specific events, Fidesic broadens its reach by sponsoring other conferences, such as the 2025 MoversSuite User Conference in Las Vegas, hosted by EWS, where they aim to connect with professionals in the moving and storage operations sector "We're Headed to Vegas - MoversSuite User Conference". They also attend specialized events like the ADSO Summit, with plans for the 14th Annual ADSO Summit in San Diego in March 2025 "On Demand Webinars | Fidesic | Fidesic".

In addition to in-person events, Fidesic regularly hosts and participates in webinars. Examples include "What Happens When the Marketing Budget Shrinks?" and "Streamline AP Hosted by PTC," which are available as both upcoming and on-demand resources, showcasing their expertise and thought leadership "On-Demand Webinars & Past Events". The company also engages with its community through guest appearances on partner podcasts and other online initiatives "On-Demand Webinars & Past Events".

Frequently Asked Questions

What is Fidesic's primary strategic focus in its market engagement?

Fidesic's primary strategic focus is deeply rooted in the Microsoft Dynamics Community. The company consistently attends and sometimes hosts booths at key industry events such as DynamicsCon Live, Directions NA, and Community Summit Roadshow events, demonstrating a commitment to networking and learning within this specific ecosystem.

How does Fidesic's participation in diverse events outside the Microsoft Dynamics ecosystem inform its growth strategy?

Fidesic's participation in events outside the Microsoft Dynamics ecosystem, such as sponsoring the MoversSuite User Conference and attending the ADSO Summit, indicates a strategy to broaden its market reach. This suggests an aim to connect with professionals in specialized sectors, like moving and storage operations, to expand its application beyond core Dynamics users.

What does Fidesic's emphasis on a 'Virtual AP Clerk' solution indicate about its internal hiring strategy?

Fidesic's promotion of a 'Virtual AP Clerk' solution, which automates invoice processing through AI, suggests its own internal hiring strategy would lean towards roles that develop and support advanced software. This implies a shift from hiring for manual, repetitive AP tasks to seeking skilled professionals in software development, process optimization, and client consultation, as their product aims to eliminate the need for traditional AP clerks for clients.

What is Fidesic's market positioning based on its product offerings and target audience?

Fidesic positions itself as an AP Automation specialist primarily for businesses utilizing Microsoft Dynamics GP and D365 Business Central. It targets rapidly growing mid-market companies, multi-location organizations, and established businesses seeking to modernize legacy processes, emphasizing custom solutions with fast time-to-value and high ROI.

What do Fidesic's tiered pricing structure and free plan suggest about its market penetration strategy?

Fidesic's tiered pricing, including a 'Fidesic Free' plan for testing or small teams and a 'Fidesic Pro' plan for growing businesses, suggests a market penetration strategy focused on accessibility and scalability. The free tier likely serves as a lead-generation tool and an entry point for smaller businesses, while the Pro plan aims to capture revenue from growing companies as their AP needs expand.

How do the backgrounds of Fidesic's leadership team inform its strategic direction?

Fidesic's leadership, including owner partners Bunmi Akinyemiju and John Gilkey, General Manager Mike Skinner, and VP of Product & Growth Kevin Pritchard, suggests a strategic direction focused on innovation and market expansion. Kevin Pritchard's active role in presenting on AI-focused sessions at industry events further highlights a commitment to cutting-edge product development.

What is the strategic implication of Fidesic's specialization in Microsoft Dynamics for its competitive landscape?

Fidesic's specialization in Microsoft Dynamics GP and Business Central creates a focused niche but positions it against broader competitors like AvidXchange, Expensify, Tipalti, and Stampli. While Fidesic offers deep ERP integration for its specific ecosystem, these competitors often provide more extensive features, broader market reach, or cater to more complex global payment needs, requiring Fidesic to leverage its specialized integration as a key differentiator.

What does Fidesic's partnership strategy with companies like PayTrace and EWS Group indicate about its product expansion?

Fidesic's partnership strategy, including collaborations with PayTrace for AR/AP solutions and EWS Group for MoversSuite integration, indicates a strategic expansion beyond core AP automation. These partnerships allow Fidesic to offer more comprehensive financial solutions and penetrate specialized industry verticals like moving and storage, leveraging existing client bases within the Microsoft Dynamics ecosystem.

What is the significance of Fidesic's multi-entity integration for Microsoft D365 Business Central users?

Fidesic's multi-entity integration for Microsoft D365 Business Central users, especially with Binary Stream Multi-Entity Management, is significant for targeting larger, more complex organizations. This feature makes vendor invoice processing easier for businesses with multiple locations or entities, enhancing Fidesic's appeal to enterprise clients like MB2 Dental Solutions and strengthening its competitive position in the multi-entity management space.

How does Fidesic's recent pricing update for multi-entity companies affect its value proposition?

Fidesic's recent pricing update for multi-entity companies, introducing a single environment pricing model and a new 'Approver' user level, enhances its value proposition by making it more cost-effective and flexible for businesses to scale. This change directly addresses the needs of organizations with multiple locations, allowing them to add more users for invoice approvals without prohibitive costs, thereby improving overall affordability and ease of adoption.

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