CHARLOTTE, N.C. — November 18, 2025 — AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, has been named the 2025 Solution Partner of the Year by MRI Software, a global leader in real estate solutions and services.
The award, presented during the MRI Ascend users conference in Nashville, celebrates AvidXchange’s long-standing partnership with MRI. Together, AvidXchange and MRI help real estate organizations streamline accounts payable, strengthen financial controls, and accelerate digital transformation.
“We’re honored to be recognized by MRI as their 2025 Solution Partner of the Year,” said Michael Praeger, CEO and Co-Founder of AvidXchange. “When I co-founded AvidXchange 25 years ago, MRI was our first partnership and integration. Together we’ve helped hundreds of shared customers modernize their financial operations through automation and innovation. This award reflects not just our shared success, but our shared commitment to empowering customers to work smarter and to scale with confidence.”
“AvidXchange has been a trusted partner to MRI for decades, and their dedication to delivering meaningful automation for our shared customers continues to set them apart,” said Eric Walsh, Executive Managing Director for North America, MRI Software. “This recognition reflects the real impact their solutions make in helping real estate organizations streamline financial operations and strengthen their scalability for the future.”
Through AvidXchange’s embedded integration with MRI Property Management X (PMX), customers benefit from a streamlined, paperless AP and payment process – from invoice receipt through vendor payment. MRI Vendor Pay powered by AvidXchange automates and manages payments directly within MRI PMX, allowing customers to pay vendors without leaving the system. This seamless experience allows finance teams to work more efficiently, reduce manual effort, and maintain complete visibility into every step of the AP process.
“Since switching to AvidXchange, I am able to process all the invoices on time and have time to follow up and connect with vendors,” said Kasia Carpenter, AP Manager at C.J. Lombardo Company, a shared AvidXchange and MRI customer. “I have time to do add-on projects that before AvidXchange were never finished.”
To learn more about the partnership, please visit: https://www.avidxchange.com/solutions/avidsuite-for-mri/.
About AvidXchange®
AvidXchange is a leading provider in accounts payable (AP) automation, offering intelligent AP software and payment solutions specifically designed for middle market businesses and their suppliers. With 25 years of industry experience, AvidXchange modernizes the way businesses manage their expenses and payments by offering AI-enhanced software coupled with support from experts. Empowering over 8,500 growth driven businesses, AvidXchange increases efficiency, control, and visibility in financial operations and has securely processed payments to more than 1.3 million suppliers through its proprietary payment network over the past five years. For more information, visit avidxchange.com.
Media Contact:
Alexis Riddick
Public Relations Manager
AvidXchange
[GU4]my recommendation is to add a call to action and invite readers to visit the MRI page on the website: https://www.avidxchange.com/solutions/avidsuite-for-mri/