Press Releases

According to Charlotte Chamber’s Year-End Economic Growth Report CHARLOTTE, N.C., (Jan. 31, 2018) – AvidXchange™, leading fintech provider of Accounts Payable and Payment Automation for midsize companies, was identified in the Charlotte Chamber’s 2017 Year-End Economic Growth Report for Mecklenburg County released this week. The report recognized the growth in professional services

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)

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

CHARLOTTE, N.C., (Dec. 7, 2017) AvidXchange™ was recognized as one of the top fastest-growing companies during the Fast 50 Awards, hosted by the Charlotte Business Journal at the Hilton Charlotte Center City. The Fast 50 Awards honor independent and privately-held companies with revenues of $1 million or more, based in

CHARLOTTE, N.C., (November 30, 2017) – AvidXchange™, leading cloud based software provider of Accounts Payable and Payment Automation for midsize companies, today announced its site selection for its expanded operations in Sandy, Utah. AvidXchange’s new office will be located in Sandy Towers, a new 150,000 square foot office building located at the

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

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

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

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

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’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

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