Press Releases

BankTEL Launches First AvidPay Customer

Studio Bank gains access to largest B2B payments network with AvidPay integration COLUMBUS, Miss. (Dec. 5, 2019) – BankTEL, an AvidXchange company, announced today that it has launched its first AvidPay customer, Nashville-based Studio Bank. The product launch for Studio Bank represents a significant milestone following the October 2019 acquisition of

AvidXchange Launches Accounts Payable and Payment Automation Solutions for Long-Term Healthcare and Social Services

CHARLOTTE, N.C. – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, is launching AvidPay and AvidInvoice for the long-term healthcare and social services industry. By eliminating manual, back-office processes through the automation of their accounts payable and payments, healthcare and social services organizations can reduce operational costs and focus resources

AvidXchange and Central Piedmont Community College partner to extend professional development and growth opportunities for teammates

CHARLOTTE, N.C. – Central Piedmont Community College and AvidXchange are partnering to offer specialized training for employees through funding provided by the N.C. Community College System. AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, will receive more than $598,000 in training from

AvidXchange and MRI Software Expand Strategic E-Payments Partnership to Deliver Payments Automation for the Real Estate and Affordable Housing Sectors

CHARLOTTE, N.C. – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, is expanding its payments partnership with MRI Software, the global leader in real estate software solutions. Announced today at MRI Ascend, the seven-year partnership extension builds on 15 years of successful

AvidXchange Unveils New Functionality for NetSuite SuiteApp

CHARLOTTE, N.C. – AvidXchange, a leading fintech provider of accounts payable (AP) and payment automation solutions for the middle market, today announced new functionalities for its AvidXchange for NetSuite (AFN) SuiteApp. AFN, built using the Oracle NetSuite SuiteCloud Computing Platform, automates the entire invoice to payment process, allowing customers to

AvidXchange Named to Forbes Cloud 100 List for Fourth Consecutive Year

AvidXchange recognized as one of the world’s leading private, cloud-based companies CHARLOTTE, N.C. (Sept. 11, 2019) – AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, has been named to the Forbes 2019 Cloud 100, the definitive list of the top 100 private companies in cloud

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