AvidXchange

Summary

AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.

History

AvidXchange is an American financial technology and software company headquartered in Charlotte, North Carolina. Founded in 2000, it is the leading provider of accounts payable automation, invoice processing, and integrated payments solutions to mid-market businesses. AvidXchange has been named to the Inc. 5000 Fastest Growing Companies list seven times and to Forbes Cloud 100 list.

Mission

Our mission is to make complex financial tasks simple for mid-market businesses. We strive to develop innovative software solutions that streamline processes, reduce costs and improve operational efficiencies for our clients.

Vision

Our vision is to create the most comprehensive payments and automation platform in the world. We will achieve this by providing actionable insights, robust automation tools and deep integrations with best-of-breed partners.

References

https://in.investing.com/equities/avidxchange-holdings-company-profile

https://finance.yahoo.com/quote/AVDX/profile?p=AVDX

https://www.crunchbase.com/organization/avidxchange

https://sec.report/CIK/0001858257

https://companiesmarketcap.com/

https://www.avidxchange.com

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