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AvidXchange™ Adds Steve Boehm as Chief Operating Officer to Bolster Company’s Focus on End-to-End Customer Experience

April 3, 2017

CHARLOTTE, N.C., (April 3, 2017) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, announced today that it has added Steve Boehm, former eBay and payments senior leader, to its executive team. Boehm, a seasoned customer experience leader, joins AvidXchange today as Senior Vice President and Chief Operating Officer, reporting to the CEO, Michael Praeger.

“One of our core values here at AvidXchange is to be ‘passionate about customer success’, and bringing Steve aboard will help accelerate our commitment to a great end-to-end experience for all of our customers,” stated Michael Praeger, CEO and Co-Founder of AvidXchange. “He possesses the same passion for customers and people that our current team does, and brings a wealth of experience that will help us improve in both areas,” added Praeger.

As COO, Steve will bring his scale-driven, global, and public company perspectives to AvidXchange. He and the Customer Delivery teams he will lead are charged with delivering world class products, implementation services, and ongoing support to AvidXchange’s growing and sophisticated customer network which is currently comprised of more than 5,000 customers.

About Steve Boehm

Steve has served in strategic leadership roles for large businesses within highly-competitive and rapidly-changing industries. Boehm most recently worked for eBay Inc. as Senior Vice President, Global Customer Experience, where he led a 9,000-person team across 25 locations and 15 time zones. He led customer service, billing and payments, risk and policy and customer trust teams. His and his teams’ focus was to make eBay easier to use, more reliable, and more consistent from the customer’s standpoint. Previously, Steve spent the majority of his career in the financial services and payments sectors. He held senior leadership positions at First Data Corp., Wells Fargo/ Wachovia Corp. and Visa. He and his wife Mary reside in Matthews, NC.

About AvidXchange™

AvidXchange revolutionizes the way companies pay their bills.  Serving more than 5,000 clients throughout North America, AvidXchange is an industry leader in automating invoice and payment processes for midmarket companies spanning multiple industries including Real Estate, Financial Services, Energy, and Construction.  AvidXchange has been recognized as one of the 50 fastest-growing private companies in the Charlotte area for four consecutive years, ranked among Deloitte’s Fast 500 this past year, and recently was named of the top 100 technology companies in North America by Red Herring.  In the midst of record growth, AvidXchange has remained true to its most valued competitive advantage—its people.  AvidXchange has been recognized as one of the Best Places to Work in Charlotte for eight consecutive years.  For more information, contact us at 800.560.9305 or [email protected].

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