AVDX Stock Discussion

AvidXchange Holdings, Inc. Description

AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and 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 cash flow 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 founded in 2000 and is headquartered in Charlotte, North Carolina.

Sector: Technology
Industry: Software - Infrastructure
Keywords: Healthcare Facilities Payment Solutions Accounts Payable Accounting Automation Software Payments Solution Social Services Cash Management Solutions Invoice Processing Media Sectors