About AvidXchange

AI-powered accounts payable, built on 25+ years of expertise. 

From AP automation pioneer to the future of intelligent finance

When AvidXchange was founded in 2000, our mission was simple: transform the way mid-market businesses receive, manage, and pay their bills.

That mission hasn’t changed. The technology has.

Today, we’re helping finance teams move beyond automation with AI-powered accounts payable software that reduces manual work, strengthens financial controls, and improves payment performance, so people can focus on higher-value decisions.

Built on over 25 years of AP expertise, our solutions help more than 8,000 businesses move faster and pay smarter. With AI embedded across the entire AP lifecycle, from invoice capture to approvals to payments, and backed by one of the industry’s largest supplier networks, we understand that AP isn’t just another workflow. It’s mission-critical to running a business.

– Michael Praeger

CEO & Co-Founder, AvidXchange

Why We’re Different 

Backed By Experts: Technology is only part of the equation. From implementation to ongoing support, our team of experts works alongside you to help maximize the value of your investment.  

Proven at Scale: More than 8,000 businesses have trusted AvidXchange to process hundreds of millions of transactions to our network of over 1.5 million suppliers. Our AI-powered software is built on real AP experience, helping us deliver intelligent solutions for the evolving needs of finance teams. 

Built on Over 25 Years of Experience: For decades, we’ve partnered with finance teams to simplify the entire AP workflow. Through years of innovation and customer collaboration, we have built a deep understanding of AP and payments that no competitor can replicate. 

79.6M Transactions

processed in 2025

25+ Years

serving finance teams

8,000+ Business

using AI-powered AP

1.5M Suppliers

paid through the AvidPay Network