AvidXchange Partners with MDT

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced a referral partnership with Member Driven Technologies (MDT), a credit union service organization. MDT hosts the Episys® core platform from Symitar® to provide a private cloud alternative for core processing and IT needs. This partnership will help promote AvidAscend, a best-in-class invoice-to-pay software solution, to MDT’s 100+ credit union clients. AvidAscend seamlessly integrates...

AvidXchange Announces AvidPay Integration with TimberScan

New integration establishes “AvidSuite for Construction,” a portfolio of construction-focused AP solutions that help customers eliminate paper and save time AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced AvidPay is now integrated with TimberScan to create a complete purchase to pay AP solution for construction industry professionals. This new flexible API integration enables “AvidSuite for Construction,” a portfolio of construction-specific, fully automated AP products that work directly...

AvidXchange Named Global Unicorn by CB Insights For Third Year In A Row

AvidXchange™, a leading fintech provider of accounts payable (AP) and payment automation solutions for midsize companies, was named a Global Unicorn by CB Insights in its latest Market Map highlighting private companies around the world valued at $1 billion or more. AvidXchange is one of only 24 U.S.-based fintech companies to make the list. “This designation is an incredible honor and testament to our work here at AvidXchange,” said Michael Praeger, CEO and Co-Founder of AvidXchange. “Customers know the value...

AvidXchange Receives Mid-Size Tech Company of the Year Award from the North Carolina Tech Association

AvidXchange, the leading B2B payment solutions provider for midsize companies, received the Mid-Size Company of the Year Award at the North Carolina Technology Association’s (NC TECH) gala on Thursday, Nov. 15 at the Sheraton Imperial Hotel & Convention Center. “To be recognized by NC TECH as the Mid-Size Tech Company of the Year is an honor,” said Michael Praeger, CEO & co-founder of AvidXchange. “Since launching AvidXchange in 2000, we’ve witnessed the growth of technology beyond the Research Triangle. NC...

AvidXchange and ClickPay Launch Partnership to Help Accelerate Payments in the Real Estate Market

AvidXchange™, the leading provider of accounts payable and payment automation solutions for midsize companies, and ClickPay, a leading provider of comprehensive electronic payment solutions for the multifamily, HOA, condominium and co-op segments of real estate industry announced a partnership to help accelerate payment processes in the real estate market. Through this partnership, real estate businesses will now have access to the most innovative real estate payment solutions to improve cash management. This partnership offers benefits such...

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