CHARLOTTE, N.C., (July 26, 2018) – Joel Wilhite of AvidXchange, a leading provider of accounts payable and payment automation solutions for midsize companies, was named the CFO of the Year by the Charlotte Business Journal. Held at The Westin Charlotte, the program honors local professionals’ exemplary performance as corporate fiscal stewards in the third-largest banking hub in the U.S. Joining AvidXchange at the beginning of 2017, Joel’s leadership was instrumental in positioning AvidXchange for continued success in achieving its unicorn status.
“I’m honored to be recognized by the Charlotte Business Journal as CFO of the Year,” commented Joel. “When I first joined the company, AvidXchange was experiencing one of its fastest growing years ever, with more than 100 percent increase in transaction volume and the addition of more than 300 employees. Having the opportunity to grow with a scaling team has reaffirmed my belief that you’re only as good as the people you surround yourself with,” added Joel.
Before AvidXchange, Joel held 20 years of experience building and leading finance teams in the technology industry. Joel’s diverse experience includes international senior financial leadership roles at private and public companies, including three IPOs. His background encompasses leading long-range financial planning and forecasting, operational accounting, annual budgeting, mergers and acquisitions, and building and developing talent.
AvidXchange™ revolutionizes the way companies pay their bills. Serving more than 5,500 clients throughout North America, AvidXchange is an industry leader in automating invoice and payment processes for midmarket companies spanning multiple industries including Real Estate, Financial Services, Construction, Health and Human Resources, and Hospitality. AvidXchange has been recognized as the top software company in North Carolina by the North Carolina Technology Association, one of the 50 fastest-growing private companies in the Charlotte area for six consecutive years, ranked among Deloitte’s Fast 500 this past year, and was recently named the top 100 technology companies in North America by Red Herring. In the midst of record growth, AvidXchange has remained true to its most valued competitive advantage—its people. AvidXchange has been recognized as one of the Best Places to Work in Charlotte for eight consecutive years. For more information, contact us at 800.560.9305 or info@AvidXchange.com.