Press Releases

AvidXchange™ Named Market Leader and Overall Category Winner in the Winter 2018 Accounts Payable Customer Success Report

CHARLOTTE, N.C., (Jan. 30, 2018) AvidXchange™, leading cloud-based software provider of Accounts Payable and Payment Automation for midsize companies, has been named a Market Leader in the Accounts Payable category for the Winter 2018 Customer Success Report published by FeaturedCustomers. FeaturedCustomers is the leading customer success content marketing platform for business-to-business (B2B)

AvidXchange CEO Michael Praeger named CBJ’s 2017 Business Person of the Year

CHARLOTTE, N.C., (Jan. 26, 2018) The Charlotte Business Journal presented the 2017 Business Person of the Year Award to AvidXchange™ CEO, Michael Praeger. The awards program, celebrating its 15th year, recognizes business leaders who demonstrate extraordinary success in areas of financial performance, managerial skills, personal qualities, and contribution to Charlotte’s strength

AvidXchange Acquires Ariett to Strengthen Position as Leading Provider of Cloud-Based Purchase-to-Pay Solutions for Enterprise and Midmarket Businesses

CHARLOTTE, N.C., (November 20, 2017) AvidXchange, leading provider of AP automation solutions for midsize companies, announced today that it has acquired Ariett, a leading cloud solution provider in the fast-growing purchase-to-pay market. AvidXchange and Ariett have an eye on innovation and are continuing to create solutions to meet the needs

AvidXchange™ Receives Top Software Company Award from the North Carolina Technology Association

CHARLOTTE, N.C., (November 10, 2017) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, received the Top Software Award at the North Carolina Technology Association’s (NCTA) gala last night at the Sheraton Imperial Hotel & Convention Center. The NC Tech Awards is North Carolina’s largest and most prestigious statewide technology

AvidXchange Ranked as One of the Fastest Growing Companies in North America on Deloitte’s 2017 Technology Fast 500™ for Fourth Year in a Row

Attributes 268 Percent Revenue Growth to New Fintech Innovations and Distribution Channels Charlotte, NC (November 9, 2017) — AvidXchange today announced it ranked on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. AvidXchange grew 268

Heather Caudill Joins AvidXchange™ Executive Team as Senior Vice President of Relationship Management

CHARLOTTE, N.C. (October 26, 2017) – AvidXchange™, leading provider of accounts payable and payment automation solutions for midsize companies, is pleased to announce that Heather Caudill will join its executive team as the Senior Vice President of Relationship Management. AvidXchange has experienced tremendous growth in the last few years, and the addition of this role is

AvidXchange Announces Integrated Offering with PaperSave to Help Nonprofits with Document Management, Accounts Payable, and Payment Automation

Charlotte, N.C. – October 19, 2017 – AvidXchange™, a leading fintech provider of accounts payable and payment automation for midsize companies, is pleased to announce a new integrated offering with PaperSave®, a product of WhiteOwl.  The integration enables Blackbaud Financial Edge and Financial Edge NXT customers a complete paperless AP

Fifth Third to Advance B2B Accounts Payable and Payments for Commercial Clients with AvidXchange and Mastercard

Fifth Third’s Strategic Relationship with Mastercard and AvidXchange Brings Efficiency by Automating Invoices and Payments   CHARLOTTE, NC – AvidXchange today announced a strategic relationship with Mastercard and Fifth Third to bring a best-in-class automated accounts payable and payment solution to Fifth Third Bank’s clients. The collaboration is one of several

AvidXchange Named to 2017 Grant Thornton North Carolina 100®

CHARLOTTE, N.C., (October 2, 2017) – AvidXchange™, a leading fintech provider of accounts payable and payment automation for midsize companies, has been named to the 2017 Grant Thornton North Carolina 100® (NC100), which ranks the state’s largest private companies by revenue. The complete list was released in the October issue

AvidXchange to Expand in Utah

SALT LAKE CITY (Sept. 8, 2017)—The Governor’s Office of Economic Development (GOED) today announced AvidXchange, Inc. will expand its Utah operation, adding up to 218 jobs to the community, nearly $1.8 million in new state revenue and $3.5 million in capital investment. “Utah’s labor market is attractive to innovative companies

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