AvidXchange, Inc.’s cover photo
AvidXchange, Inc.

AvidXchange, Inc.

Software Development

Charlotte, NC 59,699 followers

AI-powered AP and payments built on over 25 years of expertise. Move faster, pay smarter, operate with confidence.

About us

AvidXchange is the AI-powered accounts payable (AP) and payments solution built for mid-market businesses. We combine AI that eliminates manual work with over 25 years of experience and data intelligence to get it right, so finance teams can move faster, pay smarter, and operate with complete confidence. Over 8,000 growth-driven businesses rely on AvidXchange to deliver greater efficiency, tighter control, and real-time visibility into their AP process and to execute millions of payments with accuracy and enhanced security through our proprietary payment network.

Website
http://www.avidxchange.com
Industry
Software Development
Company size
1,001-5,000 employees
Headquarters
Charlotte, NC
Type
Privately Held
Founded
2000
Specialties
payables automation, electronic invoicing, visibility, best practices, portfolio, automation, paperless, change management, workflow, payables process, and accounts payable

Products

Locations

Employees at AvidXchange, Inc.

Updates

  • "AvidXchange allows us to work smarter." That's how Ross Tolbert, EVP of Property Management at Ethan Conrad Properties, describes his team's experience with our AI-powered AP. By integrating AvidXchange with Yardi, Ethan Conrad Properties streamlined processes, accelerated supplier payments, and gained faster access to invoice information, helping the team spend less time on manual work and more time growing the business.

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  • Every great ERP deserves an AP solution built to help it scale. That's why we embed our Accounts Payable as a Service solution into leading ERPs and accounting systems, including real estate platforms like AppFolio, helping finance teams execute payments without leaving the systems they already use. Powered by AI and backed by 25 years of AP expertise, our solution helps customers process invoices faster, improve visibility, strengthen controls, and scale their portfolios with confidence.

  • Giving back is one of the best ways to come together as a team. From supporting local organizations to lending a helping hand across our communities, AvidXchange teammates spent time volunteering in a variety of ways to make a positive impact. We're proud of everyone who dedicated their time to giving back and living our values. Thank you to all of our teammates who volunteered! 💙

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  • AI-powered AP is making a measurable difference for finance teams, and there's no better proof than the people using it every day. We're honored to receive a SoftwareReviews Top AP Automation Award based entirely on reviews from real users. Their experiences show what AI-powered AP looks like in practice: managing spend with greater accuracy, strengthening controls, and optimizing payments. Thank you to our customers and partners for your trust and feedback. Your insights help shape what's next.

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  • ✨ AI-powered AP isn't what's next. It's what's now. That's why we've embedded AI throughout the accounts payable lifecycle to help finance teams capture spend more accurately, strengthen controls, and optimize payments. Built on more than 25 years of AP insights and hundreds of millions of transactions, our AI is purpose-built for the teams that use it everyday, with a data foundation that other solutions can't replicate. Learn more 👉 https://okt.to/Zev86z

  • What makes a great technology partnership? On the latest episode of The Power of Change, our CEO and Co-Founder Michael Praeger sits down with Acumatica CEO John Case to discuss why the best companies know when to build and when to partner. John shared that success comes from focusing on what you do best and partnering with experts for the rest. That's why Acumatica chose our AI-enhanced Accounts Payable as a Service, embedding AP automation and payments directly into Acumatica with a purpose-built solution. Listen to the full conversation: https://okt.to/TzV6Jm

  • ☀️Another season, another reason to thank our customers. We're honored to earn multiple G2 Summer 2026 badges for our accounts payable and payment solutions. As businesses look to modernize accounts payable, automate invoice processing, streamline supplier payments, and leverage AI-powered workflows, customer feedback remains the most important measure of success. These awards reinforce our commitment to helping finance teams reduce manual work, improve efficiency, strengthen payment security, and gain greater visibility through AP automation and payment automation solutions. Thank you to our customers for sharing your experiences with AvidXchange!

  • A recent article from The Washington Post serves as an important reminder that payment security remains a top priority for finance teams. As organizations look to strengthen controls and improve visibility, many are rethinking manual, paper-based processes and embracing digital transformation across accounts payable. Thanks to our CEO and Co-Founder, Michael Praeger, for sharing his perspective on why modernizing finance operations matters now more than ever.

    Check fraud is becoming one of the most overlooked risks in finance today.   A recent story in The Washington Post highlighted a reality many businesses already know: check fraud is growing more sophisticated, more organized, and more costly.   While cybercrime often dominates the headlines, many organizations remain exposed through one of the oldest payment methods still in use: paper checks.   Finance leaders should not have to become fraud investigators just to pay suppliers and manage cash flow.   That's one reason we're seeing continued momentum toward AP automation and digital payments. By replacing manual, paper-based processes with more automated workflows, organizations can reduce risk, improve visibility, and create a better experience for both their teams and suppliers.   At AvidXchange, Inc., we're helping thousands of businesses modernize how they manage invoices and payments, giving finance teams greater control, efficiency, and confidence in every transaction.   As fraud tactics continue to evolve, modernizing financial processes is no longer just about productivity. It's about protecting your business.

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  • 💡"Embedded payments are pushing ERPs from systems of record to systems of action." — Michael Dunn, CEO of Centerbase Hear more from Centerbase CEO Michael Dunn who recently joined our CEO and Co-Founder Michael Praeger on The Power of Change podcast to discuss the future of embedded payments and their impact on financial operations. The conversation follows the launch of our Accounts Payable as a Service in Centerbase, which brings payment automation directly into the Centerbase workflows law firms use every day, helping firms streamline financial processes without leaving the platform. 🎧Listen here: https://okt.to/vPS6n8

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