AvidXchange, Inc. | Company Profile
Contact Information
Industry & Market
Company Metrics
Funding Information
Headcount Distribution
By Department
Department Breakdown
Technology Stack
Analytics & Tracking
Email & Communication
Keywords & Focus Areas
AvidXchange, Inc.
Overview
AvidXchange, Inc. is a technology company headquartered in Charlotte, North Carolina, specializing in accounts payable (AP) automation software and digital payment solutions for middle market businesses and suppliers throughout the United States. Since its founding in 2000, it has focused on streamlining bill management processes by eliminating paper invoices and checks, contributing to greater efficiency and financial visibility for clients.
The company offers a SaaS-based platform that automates AP workflows including electronic invoice capture, approval routing, and secure payments. Major solutions feature AP automation software, the AvidPay Network for electronic payments, and the Supplier Hub for cash flow insights. With a presence in sectors like real estate, healthcare, and education, it has processed over 19 million transactions, managing $242 billion in spend in 2024. It is also recognized for fostering a positive workplace culture and supports innovation through ongoing partnerships and acquisitions.
Basic Information
| Industry | information technology & services |
|---|---|
| Founded | 2000 |
| Revenue | $438.9M |
| Headquarters | 1210 AvidXChange Lane, Charlotte, NC 28206, United States |
| Languages | English |
| Parent Organization | TPG NewQuest |
Contact Details
- Phone: +1 800-560-9305
- Website: avidxchange.com
- LinkedIn: linkedin.com/company/avidxchange-inc-
Key Focus Areas & Initiatives
- Payables automation
- Electronic invoicing
- Workflow and process automation
- Best practices for accounts payable
- Financial visibility and operational efficiency
- Digital payment and invoice approval
- Supplier onboarding solutions
- Automated invoice capture and reconciliation
- Cost reduction and spend management
- Media industry financial technology
- Cloud-based AP software solutions
- SaaS-based AP platform
- Business process automation
- ERP integration and cloud accounting integration
- Nonprofit, healthcare, education, hospitality, construction, real estate AP automation
- Supplier relationship management
- Digital transformation in finance
- Analytics and reporting
Technologies Used
- AI
- Amazon SES
- Google Font API
- Google Tag Manager
- Marketo
- Media Temple SSL
- Microsoft Office 365
- Mobile Friendly
- Outlook
- Route 53
- SalesLoft
- Salesforce
- Salesforce Live Agent
- Salesforce Service Cloud
- Sendgrid
- The Trade Desk
- WP Engine
- Wistia
- WordPress.org
- Zendesk
- reCAPTCHA
Community
