AvidXchange Newsroom

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Olivia Sorrells, Sr. Public Relations Manager
[email protected] | 386-848-3656

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AvidXchange Announces Fourth Quarter 2022 Financial Results

–Broad-based demand across verticals drives year over year Q4’22 revenue growth of 24.4%, 23.3% organically –Combination of strong revenue growth, gross profit expansion and expense control substantially narrow year over year Q4’22 operating and adjusted EBITDA losses –Projecting accelerated path …

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AvidXchange Delivers Best-In-Class Invoice-to-Pay Solution to More Credit Union Customers, Partners with KeyStone by Corelation

CHARLOTTE, N.C., March 07, 2023 — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced its referral partnership with KeyStone by Corelation Inc. (“Corelation”), the latest core processor for today’s credit union. This

AvidXchange Launches AvidAnalytics, A Business Intelligence Tool for the Middle Market

CHARLOTTE, N.C., Feb. 07, 2023 — AvidXchange (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced AvidAnalytics, a premium Business Intelligence (BI) solution. AvidAnalytics offers buyer customers custom reporting methods to help improve spend management and

AvidXchange Names Dan Drees as President

James Sutton joins as Chief Revenue Officer   CHARLOTTE, N.C., Jan. 31, 2023 — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers, today announced that Dan Drees has been elevated to the role of

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Partner Spotlight

MRI software

MRI Software: PropTech for the Real Estate Professional of Today, Visionary of Tomorrow

The following is a guest post from our friends at MRI Software, a real estate and investment management software provider to real estate owners, investors and operators. Click HERE to...
AvidXchange Renews Partnership with Vantaca

Vantaca Partner Spotlight

AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced a renewed partnership with Vantaca, a leading accounting system designed specifically to...

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