Press Releases

NEW YORK (Sept. 13, 2016) – AvidXchange™ is named to the first-ever Forbes 2016 Cloud 100, the definitive list of the top 100 private cloud companies in the world, developed in partnership with Bessemer Venture Partners. To view the list, please visit www.forbes.com/cloud100. The list will appear in the October

CHARLOTTE, N.C., (September 6, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, announced today that it has added two strategic leaders to support and innovate the experience and offerings for the company’s growing supplier network. Serdar Dincaslan, a seasoned financial services executive, will be joining AvidXchange as the

CHARLOTTE, N.C., (August 31, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, announced today that it has exceeded 800 employees. This is a major milestone for the Charlotte startup that was nearing the 80 employee mark at the end of 2011. The company has been on a fast

Charlotte, NC— August 30, 2016 — AvidXchange™, leading provider of Accounts Payable (AP) and Payment Automation Solutions for midsize companies, today announced that its software has been recognized as an Acumatica-Certified Application (ACA). Acumatica is a comprehensive, browser-based Cloud ERP solution optimized for ease of use, adaptability, mobility, speed, and

CHARLOTTE, N.C., (July 26, 2016) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, will serve as the title sponsor of the AvidXchange Music Factory 5K Rock ‘N Run on Saturday, August 13. The AvidXchange Music Factory will host the seventh annual race to promote community health and businesses in

CHARLOTTE, N.C., (July 22, 2016) Karen Bertaux of AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, won the designation of Large Business Sector CFO of the Year last night during the Charlotte Business Journal’s 2016 CFO of the Year Awards ceremony at the Hilton Charlotte

Charlotte, NC (July 19, 2016) –AvidXchange™,  a leading software provider of Accounts Payable (AP) and Payment Automation solutions, and Omatic Software, the global leader in extending, automating, and integrating Blackbaud technology announce a strategic partnership that enables Blackbaud Financial Edge & NXT users to streamline their AP processes with a best-in-class

CHARLOTTE, N.C., (July 11, 2016) The AvidXchange Music Factory has just launched a new social media campaign created to connect those who play, live, and work at the Music Factory, as well as celebrate the growth of one of the quintessential entertainment districts in the Southeast. The Music Factory, along

CHARLOTTE, N.C., (July 11, 2016) Relyco®, the specialty paper experts, today announced its acquisition of the check supply business from AvidXchange™. The agreement builds on the long-term strategic partnership between Relyco and AvidXchange, and leverages the key strengths of each organization. AvidXchange, leading provider of accounts payable and payment automation

Charlotte, NC (July 6, 2016) Central Piedmont Community College (CPCC) will provide specialized training for AvidXchange™ employees through funding from the state’s customized training program. AvidXchange™ will receive more than $700,000 in training value from CPCC over a 2-year period. The training programs will include a broad range of skill

CHARLOTTE, N.C., (June 22, 2016) EY has announced that AvidXchange’s CEO, Michael Praeger, is a finalist for the EY Entrepreneur Of The Year® 2016 Award in the Southeast. The awards program, which is celebrating its 30th year, recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation,

Charlotte, NC (June 21, 2016) –AvidXchange™,  a leading software provider of Accounts Payable (AP) and Payment Automation solutions, and Billtrust, the leader in Payment Cycle Management, and announce a strategic partnership that enables Billtrust customers to streamline their AP processes with a best-in-class automation solution. AvidXchange and Billtrust share a common