AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers.
Today was a moment for celebrating as AvidXchange became a public company with
@Nasdaq
. In the words from our CEO & Co-Founder Michael Praeger, "This is a milestone, not a destination, and our journey continues."
#AVDXIPO
#avidxfactor
On Feb. 25, AvidXchange will virtually gather non-profits, corporate partners and local government at the first Tech Rising Summit as a forum for addressing efforts to achieve digital equity in
#CLT
.
#AvidXchangeFoundation
volunteers bundled up alongside
@E2DInc
to complete the last distribution day of the year. Just in time for the holidays, 350 laptops were distributed to youth in the Charlotte community.
#TechRising
From overseeing the
#AvidXchangeFoundation
to ensuring AvidXchange is an active member of the communities in which we work & live, Rob Phocas has turned his passion into his profession. Hear more of his teammate story below.
@CltLedger
#40over40
@ncgronk
We love to see other businesses taking the initiative to help close the digital divide in CLT! Big shoutout to
@BankofAmerica
for donating 10,000 laptops to CMS students in partnership with one of our key
#TechRising
partners,
@E2DInc
. Read more here:
When high school labs closed due to COVID-19,
@E2DInc
needed a place to refurbish laptops to carry out their mission. With some extra space at our Charlotte HQ, E2D was able to set up shop to keep providing laptops, digital access & computer training to in-need families in
#CLT
According to
@GuyAdami
of
@CNBC
's Fast Money, we're in the early innings of a complete transformation of business as we know it, but the time is ripe with opportunity to plan for a more profitable future.
We've teamed up with
@GuyAdami
of
@CNBC
's Fast Money to help you learn how to get your business back on track & game plan for a more profitable future. Here's a personal invite to join us on Tuesday, July 21 at 2 p.m. ET.
Just announced - AvidXchange First Earnings (FY21 Q3)
Total Revenue: $65.2 million ⬆ 37%
Transactions: 16.1 million ⬆ 17%
Payment Volume: $14 billion ⬆ 40%
Read the full earnings release here:
Does your accounts payable seem impossible? Experience the Power of Change with AvidXchange by automating your accounts payable. Less paper, less hassle and more time to spend on moving your business forward. That's
#ThePowerOfChange
.
Happy
#EmployeeAppreciationDay
to the AvidXchange Team! Thank you for all you do to make AvidXchange a great place to work. Check out this video message to all employees as a thank you from our CEO & Co-Founder.
Even in a digitally-driven world, most B2B payments are still made with a paper check.
@SapphireVC
sees the opportunity to help businesses
#automate
with AvidXchange. Hear more about why we're excited about the future of
#payments
.
Shred those paper invoices into confetti to join us in celebrating our CEO & Co-Founder,
@MichaelPraeger
being named a "Most Admired CEO" by
@CbJnewsroom
. 🎉
Read the full announcement here:
We're excited to announce that
@Core_Assoc
is now an AvidXchange company. With this acquisition, 30,000 users of TimberScan and its complementary AP solutions will now have access to the AvidPay Network and a complete purchase-to-pay experience. Hear more below.
We're reflecting this afternoon on the good times we had at
@CAIsocial
's 2021 Annual Conference & Expo last week. 😍 Shout out to CAI for having us as a sponsor again this year! Retweet if you're already counting down to the 2022 event.
#WeAreCAI
Thanks to our teammates, AvidXchange has been voted one of the
@CBJEvents
Best Places to Work! Employee engagement, benefits, policies and practices all factor into determining the winners. We are honored!
@CBJnewsroom
@CBJEvents
It was an honor
@CBJnewsroom
's Going Away Celebration for President and Publisher, Kevin Pitts. For 9 years, Kevin has played a major role in groundbreaking stories in the business community. We wish you the best in your future endeavors, Kevin!
Today we announced an additional $128 million in equity capital, raising a total of $388 million in our latest financing efforts. Funds will support strategic growth initiatives and continued innovation for our customers. Read more from
@Reuters
here:
We understand that our customers are facing new challenges, and AvidXchange is here to help. Today we launched AvidXchange Academy, a virtual learning hub offering free training to help middle market AP teams learn & connect from home.
To all the
#tech
founders out there, stay true to your vision. Proud that
@BainCapVC
supports ours and will do the same for so many others through its new BCV Fund.
#backedbyBCV
Today we’re thrilled to announce $1.3B in fresh capital to back exceptional early-stage
#founders
building industry-defining
#tech
companies. Our partner
@ajay_bcv
talks more about
@BainCapVC
Fund 2021 👇
Join us on a tour of the offices of
@AvidXchange
on the latest episode of
#CulturalCapital
. (FYI: they have over 1,200 employees and are hiring even more!)
AvidXchange CISO Christina Quaine has been named CISO of the year by
@NCTA
! The annual NC Tech Beacon Awards recognize innovation, growth and leadership across the NC technology ecosystem. Thank you for your leadership & congratulations!
In partnership with
@E2DInc
, we distributed 500 laptops at our Charlotte HQ. Thanks to our teammates who volunteered at the event to push toward
#eliminatingthedigitaldivide
From time to time, people ask us if the need in this community remains high. Distributing 500 computers in two hours indicates that our work is far from done! 💻
#eliminatethedigitaldivide
Volunteering may look a little different right now, but that's not stopping AvidXchange teammates and their families from showing their support for the families of Ronald McDonald House Charities.
#RMHSAS
#AvidXchangeFoundation
@rmhofcharlotte
Great first day at
#AcumaticaSummit
– don’t forget to bring your Lucky Scratch off found in your conference bag to the AvidXchange booth (202) to claim your prize! cc
@Acumatica
AvidXchange is helping businesses like
@ForsMarshGroup
work from home without missing a beat on mission critical functions. Navigating
#businesscontinuity
plans can be tough, but we’re here to support you.
This weekend we hosted
@E2DInc
's 8th annual laptop distribution, where 400
@CharMeckSchools
students received laptops in preparation for back-to-school. Thanks for the opportunity to give back & to all the volunteers who made Saturday a success!
#AvidXchangeFoundation
It’s official! Thanks to our teammates, we’re proud to be Certified™ as a Great Place to Work®! 🎉
Read the full announcement here:
@GPTW_US
#GPTWcertified
Proud to see our leader, CEO & Co-Founder, Mike Praeger on the
@CBJnewsroom
's 2020 Ones to Watch list among other key players shaping the future of the
#QueenCity
.
It's official! We've partnered with
@memberdriven
to help even more credit unions receive, manage and pay their bills.
Read the full announcement here:
In April, we celebrate all the good that comes from volunteering, but our teammates
#giveback
year round! Here's some of our favorite recent memories of teammates using their paid Volunteer Time Off hours to make a difference in the community.
#NationalVolunteerMonth
#VTO
According to our Chief Growth Officer Dan Drees, the real value of real-time payments lies in the accompanying data. Read more of his perspective on bringing RTPs for B2B to life in
@PaymentsSource
.
Th second of four finalists for the
#RTP
Buildation is: Best B2B Solution - 167% Xcelerated RTP (Bhavana Prathipati, Wes DeBord, Karen Craig, Dan Broadway, and Meghan Childers), a combined team from
@AvidXchange
and
@FifthThird
. Overall winner will be named June 25 in NYC.
By eliminating paper checks, companies like Island Hospitality Management are quickly shifting to remote work and continuing to carry out AP functions with help from AvidXchange. Wherever you're operating, we are here to support your AP and payment needs.
#LiberateyourAP
Join us at Packard Place on Tuesday, March 13 for a FINSIDERS CLT event where we'll be discussing everyone's favorite topic: Blockchain! We'll be exploring the real-world use cases. The event runs from 5:30 to 7:30 p.m. and you can register here:
Thanks to everyone who came to our session, Best Practices: The Suppliers Journey - Ensuring a Successful Relationship Between You and Your Suppliers! And thanks to
@Billtrust
's Justin Main who joined us on the panel!
#REVCHI18
Removing barriers to tech education & careers starts at the beginning for students. That's why AvidXchange is excited to announce Tech Rising, a new
#AvidXchangeFoundation
initiative committed to bridging the digital divide. Read more below.
While continuing to WFH, our talent team hasn't skipped a beat recruiting and onboarding new team members - adding more than 140 new teammates since March. Hear Emily's story, and why she loves being a talent coordinator at AvidXchange.
We're celebrating our SVP of Platform Delivery & Operations, Manu Sood, for her 2022 "Women Tech Award" finalist status from
@WomenTechCncl
🎉
Click here to read more: