So, Who Exactly is AvidXchange?

We’re the ones who believe there’s a faster, more efficient way for middle-market businesses to process invoices and make payments; and who, as your ally, want to liberate your AP from all that paperwork that’s slowing down your business and costing you money.

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+825,000

Suppliers

Over 825,000 suppliers paid through the AvidPay Network over the last 5 years.

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62 MILLION

TRANSACTIONS

62 million transactions processed in 2021.

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$180 BILLION

PROCESSED

Over $180 billion in spend management in 2021.

Transforming the Way Bills are Paid, One Middle Market Company at a Time.

We set out from Charlotte, North Carolina, in the year 2000 with a simple mission in mind: Transform the way middle market companies pay their bills. We’ve grown quite a bit since then; we became a public company in 2021 and remain dedicated to continuously expanding our team, our footprint and our capabilities through strategic investments and acquisition of industry leading companies like FastPay, Core Associates and BankTEL Systems.

Today we help 8,000 North American companies cut costs, improve visibility and increase efficiencies. We’ve earned the trust of 825,000 suppliers paid through our AvidPay Network over the last five years, processing $180 billion in spend management in 2021. And we’ve become a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers, all by making our customers’ business our business.

AvidXchange Company History

APRIL 2000
JUNE 2003
1 July 2018
1 August 2018

Michael Praeger & David Miller found AvidXchange

Launched AvidInvoice

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AvidXchange has Offices in Seven Great Cities Across the U.S.

Charlotte, NC - Corporate HQ

1210 AvidXchange Lane
Charlotte, NC 28206

Birmingham, AL

Two Perimeter Park South
Birmingham, AL 35243
 

Columbus, MS

319 Park Creek Drive
Columbus, MS 39705
 

Framingham, MA

200 Crossing Blvd
Framingham, MA 01702
 

Houston, TX

2100 Travis Street
Suite 300
Houston, TX 77002

Los Angeles, CA

8201 Beverly Blvd
Los Angeles, CA 90048
 

Salt Lake City, UT

111 E. Sego Lily Drive
Suite 300
Salt Lake City, UT 84070

Press Releases

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At AvidXchange, we define success as pursuing your passion. Our passion is inspiring businesses to realize the true value of accounts payable and payment automation by eliminating paper invoices and paper checks.

– MIKE PRAEGER
CEO & Cofounder, AvidXchange