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AvidXchange Acquires Ariett to Strengthen Position as Leading Provider of Cloud-Based Purchase-to-Pay Solutions for Enterprise and Midmarket Businesses

Jen Ittenbach
November 20, 2017

CHARLOTTE, N.C., (November 20, 2017) AvidXchange, leading provider of accounts payable and payment automation solutions for midsize companies, announced today that it has acquired Ariett, a leading cloud solution provider in the fast-growing purchase-to-pay market. AvidXchange and Ariett have an eye on innovation and are continuing to create solutions to meet the needs of customers.

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AvidXchange™ Receives Top Software Company Award from the North Carolina Technology Association

Jen Ittenbach
November 12, 2017

CHARLOTTE, N.C., (November 10, 2017) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, received the Top Software Award at the North Carolina Technology Association’s (NCTA) gala last night at the Sheraton Imperial Hotel & Convention Center. The NC Tech Awards is North Carolina’s largest and most prestigious statewide technology awards program. AvidXchange has been

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AvidXchange Ranked as One of the Fastest Growing Companies in North America on Deloitte’s 2017 Technology Fast 500™ for Fourth Year in a Row

Jen Ittenbach
November 9, 2017

Attributes 268 Percent Revenue Growth to New Fintech Innovations and Distribution Channels Charlotte, NC (November 9, 2017) — AvidXchange today announced it ranked on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. AvidXchange grew 268 percent during this period. “The

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Heather Caudill Joins AvidXchange™ Executive Team as Senior Vice President of Relationship Management

Jen Ittenbach
October 26, 2017

CHARLOTTE, N.C. (October 26, 2017) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, is pleased to announce that Heather Caudill will join its executive team as the Senior Vice President of Relationship Management. AvidXchange has experienced tremendous growth in the last few years, and the addition of this role is aligned with the company’s emphasis

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AvidXchange Announces Integrated Offering with PaperSave to Help Nonprofits with Document Management, Accounts Payable, and Payment Automation

Jen Ittenbach
October 19, 2017

Charlotte, N.C. – October 19, 2017 – AvidXchange™, a leading fintech provider of accounts payable and payment automation for midsize companies, is pleased to announce a new integrated offering with PaperSave®, a product of WhiteOwl.  The integration enables Blackbaud Financial Edge and Financial Edge NXT customers a complete paperless AP and payment processes from start

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Fifth Third to Advance B2B Accounts Payable and Payments for Commercial Clients with AvidXchange and Mastercard

Jen Ittenbach
October 16, 2017

Fifth Third’s Strategic Relationship with Mastercard and AvidXchange Brings Efficiency by Automating Invoices and Payments   CHARLOTTE, NC – AvidXchange today announced a strategic relationship with Mastercard and Fifth Third to bring a best-in-class automated accounts payable and payment solution to Fifth Third Bank’s clients. The collaboration is one of several recent business relationships with a

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AvidXchange Named to 2017 Grant Thornton North Carolina 100®

Adam Frazier
Adam Frazier
October 2, 2017

CHARLOTTE, N.C., (October 2, 2017) – AvidXchange™, a leading fintech provider of accounts payable and payment automation for midsize companies, has been named to the 2017 Grant Thornton North Carolina 100® (NC100), which ranks the state’s largest private companies by revenue. The complete list was released in the October issue of Business North Carolina and

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AvidXchange to Expand in Utah

Jen Ittenbach
September 8, 2017

SALT LAKE CITY (Sept. 8, 2017)—The Governor’s Office of Economic Development (GOED) today announced AvidXchange, Inc. will expand its Utah operation, adding up to 218 jobs to the community, nearly $1.8 million in new state revenue and $3.5 million in capital investment. “Utah’s labor market is attractive to innovative companies like AvidXchange, and we look

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AvidXchange’s Paul Cavnaugh Honored as a CIO of the Year Finalist

Jen Ittenbach
August 18, 2017

CHARLOTTE, N.C., (Aug. 18, 2017) –  Paul Cavnaugh of AvidXchange™, leading fintech provider of Accounts Payable and Payment Automation for midsize companies, was honored as a finalist in the Corporate Category for the 2017 Charlotte CIO of the Year Awards at the award ceremony this morning at The Westin Charlotte. The award is the premier technology executive recognition

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For the 5th Time, AvidXchange Appears on the Inc. 5000 list, Ranking No. 1518 with Three-Year Sales Growth of 265%

Jen Ittenbach
August 17, 2017

Inc. Magazine Unveils 36th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000 For the 5th Time, AvidXchange Appears on the Inc. 5000 list, Ranking No. 1518 with Three-Year Sales Growth of 265% NEW YORK, August 16, 2017 – Inc. magazine today ranked AvidXchange™ NO. 1518 on its 36th annual Inc. 5000, the most prestigious ranking

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Charity 5K Rock ‘N Run at AvidXchange Music Factory for Eighth Year

Jen Ittenbach
August 15, 2017

 Race Helps Low-Income Families in the North End Corridor CHARLOTTE, N.C., (August 16, 2017) – The AvidXchange Music Factory will host the eighth annual Rock ‘N Run on Saturday, September 9, featuring live music, vendors, raffle giveaways and healthy-living information. The run/walk was created to promote economic development, raise community awareness, and create business alliances in the North End Smart District. Proceeds from the event

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AvidXchange is Named to Forbes Cloud 100 List for Second Year in a Row

Jen Ittenbach
July 12, 2017

AvidXchange™ is named to the Forbes 2017 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners. AvidXchange™ was celebrated last night in San Francisco at The Cloud 100 Celebration, an exclusive event hosted by Bessemer Venture Partners, Forbes and Salesforce Ventures. The

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