Press Releases

AvidXchange Launches Invoice-to-Pay Integration Built for Multi-Industry Provider, Blackbaud Financial Edge NXT®

CHARLOTTE, N.C., Aug. 15, 2022 — AvidXchange (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced an application programming interface (API) integration with Blackbaud Financial Edge NXT®, a cloud fund accounting solution designed specifically to meet

AvidXchange Announces Second Quarter 2022 Financial Results

–Second quarter 2022 revenue growth of 30.3% – or 22.4% organically – driven by continued broad based demand coupled with solid operational execution –Higher than expected second quarter 2022 revenues, stronger gross margin performance due to on-going payment monetization and cost leverage drive lower-than-expected net loss –Raising full-year 2022 business

AvidXchange Partners with MDT, Expands Invoice-to-Pay Solution to More Credit Unions

CHARLOTTE, N.C., July 19, 2022 — 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 a referral partnership with Member Driven Technologies (MDT), a credit union service organization. MDT hosts the Episys® core platform from

AvidXchange Announces Purchase-to-Pay Integration for Sage 100

CHARLOTTE, N.C., July 13, 2022 — 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 an end-to-end, purchase-to-pay (P2P) integration available for Sage 100 customers in AvidStrongroom. This new offering builds on the

AvidXchange Launches End-to-End Purchase-to-Pay Integration for Acumatica

CHARLOTTE, N.C., July 11, 2022 — 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 an application programming interface (API) integration for Acumatica that provides an automated, end-to-end purchase-to-pay (P2P) process via the

The Results are in: 84 Percent of Teammates said “AvidXchange is a Great Place to Work,” Earning the Company a Top Certification by Great Place to Work®

CHARLOTTE, N.C., June 15, 2022 — 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 it is Certified™ by Great Place to Work®. Great Place to Work® is the global authority on workplace

AvidXchange and ResMan Offer Full API Integration for Real Estate Professionals

CHARLOTTE, N.C., May 17, 2022 — 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 a full application programming interface (API) integration is available for property management companies using ResMan technology. This new

AvidXchange Announces First Quarter 2022 Financial Results

CHARLOTTE, N.C., May 05, 2022 — 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 financial results for the first quarter ended March 31, 2022. “We are off to a strong start in

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