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AvidXchange and Viewpoint Form Strategic Partnership to Deliver Payment Solutions to the Construction Industry

August 4, 2015

CHARLOTTE, N.C., (August 4, 2015) AvidXchange, a leading provider of accounts payable automation solutions for midsize companies, is pleased to announce its partnership with Viewpoint Construction Software, a provider of innovative construction-specific software solutions to the global construction and capital project industries. AvidXchange and Viewpoint have formed a strategic partnership to deliver clients a best-in-class payment automation solution with a strong integration to Viewpoint’s ERP solutions, Vista by Viewpoint and ProContractor by Viewpoint. The companies are working together to create a seamless experience for clients so that they can create AP efficiencies within each system.

“We’re excited to offer customers a streamlined payment automation solution that seamlessly integrates with their Viewpoint ERP, helping reduce resource hours spent and lower risk of error,” stated Henry Ferguson, Director of Business Development: OEM/Partners with Viewpoint. According to Ferguson, “With AP payments now being made in one process regardless of type (Check, EFT payment, virtual card), we are expecting Viewpoint customers to beat the 60% average reduction in the costs associated with processing payments. This is a significant opportunity to improve efficiencies, reduce processing costs and save precious staff time”.

“Viewpoint was a great choice for us as a partner, because they also have a focus on creating operational efficiencies for their construction industry clients through automation,” commented Michael Praeger, CEO and Co-Founder of AvidXchange. “Our partnership with Viewpoint is a great example of how our solutions are impacting business processes in diverse industries, and we’re looking forward to our solutions helping Viewpoint’s customers create a competitive advantage for themselves with the efficiencies and controls created with AP automation,” added Praeger.

The companies plan to work closely together to provide a seamless experience for clients with joint activities, such as educational webinars and conferences, which will help clients realize the benefits of using the solutions together. AvidXchange will have two sessions at Viewpoint’s 2015 User Conference: Collaborate, where attendees can find out more about the benefits of its payment automation solutions. Viewpoint customers can also rely on fast and easy installation, because all AvidXchange solutions come with a 45-day implementation guarantee, which is far more expedient than the traditional 6 to 9 months traditionally required for a back-end payment solution.

About Viewpoint Construction Software

For more than 38 years, Viewpoint has been a provider of innovative construction-specific software solutions to the global construction and capital project industries. Viewpoint provides the tools they need to improve project profitability and visibility, manage risk, and effectively collaborate with the entire project team. Viewpoint solutions include everything needed from preconstruction to construction and facilities maintenance, offered on a variety of platforms, including Cloud, Mobile, SaaS and On Premises. Headquartered in Portland, Oregon, USA, and with offices in the UK and Australia, Viewpoint has become the technology partner of choice, with customers located across the globe in more than 28 countries. These customers include more than 30 percent of the ENR 400, and more than 50 of the top mechanical and electrical contractors in the United States – more than any other construction software provider. For more information, please visit www.viewpoint.com.

About AvidXchange

AvidXchange revolutionizes the way companies pay their bills.  Serving more than 4,500 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, as well as ranked among Deloitte’s Fast 500 this past year.  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 six consecutive years.  For more information, contact us at 800.560.9305 or [email protected].

For Immediate Release Contact:
Jen Ittenbach
[email protected]

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