Tech focused. People centric. Business minded.
Transforming the accounts payable process, one company at a time.
We set out from Charlotte, North Carolina, in the year 2000 with a simple mission in mind: Transform the way middle market companies receive, manage, and pay their bills. We’ve grown quite a bit since then; we became a public company in 2021 and remain dedicated to continuously expanding our team, our footprint and our capabilities through strategic investments and acquisition of industry leading companies like FastPay, Core Associates and BankTEL Systems.
Today we help more than 8,000 North American companies cut costs, improve visibility, and increase efficiencies. We’ve earned the trust of 1.2 million suppliers paid through our AvidPay Network over the last five years, processing $231 billion in spend management in 2023. And we’ve become a leading provider of accounts payable automation software and payment solutions for middle market businesses and their suppliers, all by making our customers’ business our business.
At AvidXchange, we define success as pursuing your passion. Our passion is inspiring businesses to realize the true value of accounts payable and payment automation by eliminating paper invoices and paper checks.
– MICHAEL PRAEGER
CEO & Co-founder, AvidXchange
To learn more, download our corporate fact sheet.
Suppliers paid through the AvidPay Network over the last 5 years.
Transactions processed in 2023.
In spend under management in 2023.
AvidXchange has offices in great cities across the US.
Two Perimeter Park South
Suite 535 W
Birmingham, AL 35243
3900 W Alameda Ave
Suite 2050
Burbank, CA 91505
200 Crossing Blvd
Suite 310
Framingham, MA 01702
2100 Travis Street
Suite 300
Houston, TX 77002
111 Sego Lily Drive
#300
Salt Lake City, UT 84070
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AvidXchange HQ
1210 AvidXchange Lane
Charlotte, NC, 28206
800.560.9305
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AvidXchange, Inc. is licensed as a Money Transmitter by the New York State Department of Financial Services.
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