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AvidXchange™ is Named to 2016 Grant Thornton North Carolina 100®

October 4, 2016

We’re honored to announce that AvidXchange™ has been named one of the largest privately-held businesses in North Carolina as recognized by the 2016 Grant Thornton North Carolina 100® (NC100). The list will appear in the October edition of Business North Carolina magazine.

“We are incredibly honored to be on this year’s Grant Thornton North Carolina 100® list, and recognized one of the largest privately-held businesses in North Carolina. This designation is a representation of our team’s dedication to delivering innovative solutions that revolutionize the way companies pay their bills, and the drive to transform the payables space,” commented Michael Praeger, CEO and Co-Founder of AvidXchange.

The list is compiled by Grant Thornton LLP, a Chicago-based company with 57 offices across the country. “We started the North Carolina 100 program 31 years ago because we believe that North Carolina’s private companies are one of the great untold success stories of this fast-growing economy,” said CEO Mike McGuire, who helped develop the initial ranking as an accountant in Charlotte in 1984. “They deserve more recognition for all their contributions to our state and our people.”

About the Grant Thornton North Carolina 100®

Since 1984, the Grant Thornton North Carolina 100® has ranked the state’s largest private companies by revenue in the most recent fiscal year, based on data provided by the participants. The NC100 is a voluntary list restricted to companies based in North Carolina that do not have publicly traded stock. Companies owned by private equity are permitted. Nonprofits, financial-services companies, health care providers such as hospitals and subsidiaries of corporations are excluded.

About Grant Thornton LLP

Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading organizations of independent audit, tax and advisory firms. In the United States, Grant Thornton has revenues of $1.65 billion and operates 60 offices with more than 575 partners and more than 8,000 employees. Grant Thornton works with a broad range of dynamic publicly and privately held companies, government agencies, financial institutions, and civic and religious organizations.

“Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Please see grantthornton.com for further details.

One of Charlotte’s Best Places to Work

AvidXchange was recently named as a finalist for Charlotte Business Journal’s Best Places to Work Award for the eighth year in a row. In addition to being recognized as one of the 50 fastest-growing private companies in the Charlotte area for four consecutive years, AvidXchange was ranked among Deloitte’s Fast 500 and named as one of the top 100 technology companies in North America by Red Herring.

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.  

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