About
Founded in the year 2000, AvidXchange is a trusted, leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers. AvidXchange’s platform automates AP workflows for more than 8,00 businesses and has made payments to over $1.2 million supplier customers of its buyers over the last five years.
Our Products & Solutions
AvidXchange combines three critical business processes in one platform offering a complete solution for accounts payable automation, payment services, and payment acceleration.
With AvidXchange products, AP departments and CFOs can:
- Eliminate costs associated with printing, stuffing, and mailing paper checks
- Customize workflows to your current processes
- Gain 24/7 visibility on invoice and payment statuses
- Offer suppliers flexible payment options, including virtual card, AvidPay Direct, our enhanced direct deposit option, and checks
Our People
At AvidXchange, our teammates are the core of who we are. We’re united by three mindsets: Connected as People, Growth Minded, and Customer Obsessed. These mindsets have allowed us to maintain high growth while staying true to who we are. We’re all entrepreneurs who love to innovate and win with a passion for serving our customers. We take personal ownership of our everyday work, and we recognize that we only win as a team.
Breaking Down 6 Crucial Controller Challenges & How to Overcome Them
Controllers in the United States spend about 70 percent of their time on traditional tasks such as closing the books or complying with accounting standards, according to a Deloitte survey of finance professionals. In sharp contrast, they spend only 14 percent as strategists who influence the future direction of their company. The minimal amount of time controllers tend to focus on strategy is one the largest challenges these financial leaders face.
