Tech focused. People centric. Business minded.
Transforming the accounts payable process, one 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 receive, manage, and 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 8,800 North American companies cut costs, improve visibility, and increase efficiencies. We’ve earned the trust of 965,000 suppliers paid through our AvidPay Network over the last five years, processing $215 billion in spend management in 2021. And we’ve become a leading provider of accounts payable automation software and payment solutions for middle market businesses and their suppliers, all by making our customers’ business our business.
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.
– MICHAEL PRAEGER
CEO & Cofounder, AvidXchange
To learn more, download our corporate fact sheet.
Suppliers paid through the AvidPay Network over the last 5 years.
Transactions processed in 2022.
In spend under management in 2022.
AvidXchange has offices in great cities across the US.
1210 AvidXchange Lane
Charlotte, NC 28206
Two Perimeter Park South
Suite 535 W
Birmingham, AL 35243
3900 W Alameda Ave
Burbank, CA 91505
200 Crossing Blvd
Framingham, MA 01702
2100 Travis Street
Houston, TX 77002
111 Sego Lily Drive
Salt Lake City, UT 84070