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800 Employees and Counting: AvidXchange’s Year of Record Growth

September 6, 2016
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AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, recently exceeded 800 employees. This is a major milestone for us, since we were nearing the 80 employee mark at the end of 2011. We’ve been on a fast trajectory with just over 300 employees at the beginning of 2015, and starting out 2016 with just over 500 employees. 2015 was a record year for us, with more than a 60% growth in the employee base, but 2016 is set to outpace this with a 50% increase year-to-date alone.

AvidXchange has a commitment to the state of North Carolina as part of the Job Development Investment Grant Program to hire 600 workers between 2014 and 2018, which the company’s current hiring growth rate is on track to exceed by 70% for this year. The average salary and benefits for these new roles is $80,000, which is higher than the average annual salary wage in Mecklenburg County of $59,046.  Our company has an emphasis on diversity, which is reflected by a workforce comprised of over 50% females and minorities.

In a recent employee engagement survey conducted by Quantum Workplace, AvidXchange surpassed national benchmarks in both participation and engagement levels, which demonstrates the type of employee base we’re fostering. Our focus on maintaining our unique culture and providing opportunities for employee advancement and professional development is stronger than ever. Our recent partnership with Central Piedmont Community College (CPCC) is just one example of the opportunities we provide to employees. We received more than $700,000 in training support for current employees from CPCC under a state-sponsored grant!

One of Charlotte’s Best Places to Work!

Recognized as one of the 50 fastest-growing private companies in the Charlotte area for four consecutive years, AvidXchange™ ranks among Deloitte’s Fast 500. Recently, we were named of the top 100 technology companies in North America by Red Herring. So, what does that mean?

Well, it means we’re growing at an incredible pace, and growth means expansion. In the midst of this record growth, we’re looking for a few good men and women to join our team here in Charlotte.

We pride ourselves on creating a work environment that facilitates personal growth, inspires innovation, and results in the leading AP automation solution for the mid-market. Interested in joining our team? Of course you are! View our Careers site to search for an opportunity to work at one of the best places in Charlotte!

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