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AvidXchange Holdings, Inc.

AVDX US

AvidXchange Holdings, Inc.United States Composite

10.82

USD
-0.09
(-0.82%)
Capital Structure

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Growth Rates

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Quarterly Earnings Per Share

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Company Description

CEO
Mr. Michael Praeger
Full Time Employees
1,600
Sector
Technology
Industry
Software - Infrastructure
Address
1210 AvidXchange Lane Charlotte NC United States 28206
IPO Date
Oct 13, 2021
Business
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and Cashflow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.