Press Releases

AvidXchange Announces Pricing of its Upsized Initial Public Offering

CHARLOTTE, N.C., October 12, 2021 – AvidXchange Holdings, Inc. (“AvidXchange”) (Nasdaq: AVDX), a leading provider of accounts payable and payment automation solutions for the middle market, today announced the pricing of its upsized initial public offering of 26,400,000 shares of its common stock at a price to the public of

AvidXchange Adds Chief Product Officer to Accelerate Product Innovation

CHARLOTTE, N.C. (Aug. 30, 2021) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced that Joseph Fox has joined AvidXchange as Chief Product Officer to lead the company’s overall product strategy and drive more value for customers through accelerated product innovation. In

AvidXchange Announces AvidPay Integration with TimberScan to Create a Complete Purchase to Pay Solution for the Construction Industry

CHARLOTTE, N.C. (July 7, 2021) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced AvidPay is now integrated with TimberScan to create a complete purchase to pay AP solution for construction industry professionals. This new flexible API integration enables “AvidSuite

One year since the start of the pandemic, AvidXchange research reveals majority of middle market businesses have undergone significant digital transformation

CHARLOTTE, NC (March 24, 2021) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, surveyed employees at 500 U.S. middle market businesses to discover how significantly daily operations have changed as a result of COVID-19. The research found that 88 percent of

AvidXchange and the California Association of Community Managers Partner to Educate Members on the Impact of Accounts Payable and Payments Automation

CHARLOTTE, N.C. (March 10, 2021) — AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, and the California Association of Community Managers (CACM) are partnering to help educate community management organizations on the benefits of automation. Through expert content including webinars, virtual events and videos, CACM members will learn how to better manage financials by automating manual AP and payment processes.  

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