Press Releases Archive

AvidXchange acquires Core Associates to become a leader in accounts payable automation for the construction industry

January 4, 2021

AvidXchange acquires Core Associates to become a leader in accounts payable automation for the construction industry AvidSuite now includes TimberScan to help more construction companies transform the way they pay bills CHARLOTTE, N.C. (Jan. 4, 2021) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for

AvidXchange research reveals majority of U.S. businesses feel positioned for growth in 2021 despite Covid-19 setbacks

December 10, 2020

CHARLOTTE, N.C. (Dec. 10, 2020) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, surveyed senior leaders at 500 U.S. businesses for their predictions and anticipated challenges in preparation for 2021. This new research shows that despite the economic uncertainty brought on by COVID-19, 68 percent

AvidXchange named a Leader in AP Automation for the middle market by Spend Matters

November 23, 2020

Customers rank AvidXchange as preferred vendor to pay bills more efficiently CHARLOTTE, N.C. (Nov. 23, 2020) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, has been named a Value Leader in Spend Matters’ Fall 2020 SolutionMap for AP Automation. In addition to being a Value Leader,

AvidXchange examines Middle Market Spending Trends in new report

November 19, 2020

AvidPay Network data from 12 million annual payments reveals positive outlook for the year ahead CHARLOTTE, N.C. (Nov. 19, 2020) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, has launched its first-ever report examining middle market spending trends. Based on data captured from

AvidXchange announces integration with Concur Invoice

November 10, 2020

Concur® Invoice customers can now access the AvidPay Network to facilitate electronic payments with more than 680,000 suppliers. CHARLOTTE, N.C. (Nov. 10, 2020) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today launched an integration with Concur® Invoice. This streamlined, cloud-based

AvidXchange adds four industry executives to leadership to fuel continued growth

October 20, 2020

CHARLOTTE, N.C. (Oct. 20, 2020) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, continues its growth with the addition of four new leaders across its product, treasury and operations teams. John Feldman joins as Senior Vice President of Operations, Marie LaQuerre as Vice President of

AvidXchange launches Boost your Business Program to help the middle market find new growth through AP and payments automation

September 8, 2020

CHARLOTTE, N.C. (Sept. 8, 2020) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, has launched a new Boost your Business Program to help more companies quickly and cost-effectively automate their AP. With no setup or configuration fees and support from the industry’s most

Mekorma and AvidXchange partner to offer integrated electronic payment solutions for Microsoft Dynamics GP: Innovation for Accounts Payable and Payments

August 20, 2020

Mekorma has announced a new strategic partnership with AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market. Mekorma’s Payment Hub for Microsoft Dynamics GP will directly connect with AvidPay, AvidXchange’s full-service payment automation solution. Clients will be able to select and approve payments

AvidXchange bridges digital divide through Tech Rising initiative

August 14, 2020

Charlotte area youth receive technology education, resources in three-year AvidXchange Foundation commitment to remove barriers and support economic mobility. CHARLOTTE, N.C. (Aug. 14, 2020) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today launched Tech Rising, an initiative spearheaded by the

RealPage Launches Online Vendor Payments powered by AxidXchange

July 30, 2020

RealPage, Inc., a leading global provider of software and data analytics to the real estate industry, today announced the general availability of Online Vendor Payments automating the entire vendor payment process from procurement to purchase order, invoice processing and payment.

Businesses leverage new technologies to combat stress and improve efficiency in the wake of COVID-19, according to new research from AvidXchange

July 8, 2020

As businesses around the world continue to navigate a new normal, AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, surveyed 500 finance executives from U.S. businesses to find out how they are coping with the stress incurred from COVID-19.

E-payment adoption, supplier enrollment hit record highs in the AvidPay Network

June 30, 2020

AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, is experiencing record high e-payment adoption rates in the AvidPay Network as businesses look to pay bills remotely and reduce their reliance on shipping and mailing services.

Press Releases