AvidXchange, Inc.

Our CEO and Co-Founder Michael Praeger recently sat down with Peter Renton of the Fintech One-On-One podcast to discuss innovation in the accounts payable industry and how we’re driving growth for middle-market businesses. ?? Tune in to hear insights on building our AP automation platform, and how we’re shaping the future of fintech: https://okt.to/JDHC2Q

Thank you so much for letting us be part of this great event!

?????????????? ??????????: ?? ???????????? ?????????????? ???????????????????? & ?????????????? ???? ???????? ?? As we approach 2025, finance leaders are navigating a rapidly evolving landscape. Our survey dives into the top 7 trends driving change in accounting and finance departments. Here are 3 key trends: ?? AI adoption is growing, but measuring ROI remains a major concern for 71% of leaders. ?? Security remains top of mind for finance leaders with 65% reporting strengthening security measures in 2024 ?? The finance function is expanding, with 87% of finance pros taking on new responsibilities including data analytics and financial tech integrations. Want to see all 7? Read the full whitepaper to learn how finance teams are adapting for success in 2025: https://okt.to/6cNmDq

AvidXchange Announces Third Quarter 2024 Financial Results: Total Revenue: $112.8 million ?? 14.3% YoY Total Transactions Processed: 20.2 million ?? 5.2% YoY Total Payment Volume: $21.5 billion ?? 9.4% YoY Read the full earnings release here: https://okt.to/tXKO6B

Last week, we partnered with Insight Global to host the Be the Light Tour career event, bringing job readiness resources to the Charlotte community. With 350 attendees, 50 companies and nonprofits looking to hire, and more than 100 volunteers, this impactful day was made possible by the support of our amazing community. Special shoutout to the AvidXchange volunteers who joined our President, Dan Drees, in making this event a success! Thank you to our co-host Insight Global as well as our community partners City of Charlotte, Mecklenburg County, Charlotte Works, Goodwill Industries of the Southern Piedmont, We Connect The Dots, Inc, Road to Hire, and Charlotte-Mecklenburg Schools. Together, we're making a difference for our fellow Charlotteans???

?? We are excited to announce the winners of our inaugural Change Maker Awards! Congratulations to all of our winners who drive change and innovation: ?? Alexis Bates, Robert High Development, LLC ?? Ella Hu, HH Red Stone Properties ?? Farzana Sarpas, Rancho Mission Viejo ?? JaNet Penn, Peak Property Management ?? Kelly Brummer, Premier Bank ?? Shannon (Fisher) Powers, ENERGO Your dedication, hard work, and passion for the AP industry have set the standard for excellence and will make a lasting impact. Read more about our winners: https://okt.to/4TLKUc

What a weekend for #TeamAvidXchange’s Michael Kim who hit 10 birdies in the final round of the 2024 Shriners Children’s Open with a season-best 4th round finish! Congrats to Michael on an impressive 5th place overall. Check out his interview with the PGA TOUR here: https://okt.to/k1N6qR

Automation plays a crucial role in enhancing career satisfaction of AP professionals according to our new survey with the Institute of Finance and Management (IOFM). Greater automation in AP departments is linked to: ?? Improved job satisfaction ?? Healthier work/life balance ?? More time to work on strategic initiatives Read our survey to read the full positive impacts of automation in the careers of AP professionals: https://lnkd.in/em6Xcj3p

We're excited to be named on the "50 to Know" list by Spend Matters for the third year in a row! ?? The list honors best-in-class companies that lead the charge and set the industry standard. Read more about us being selected for the list: https://lnkd.in/eT5nV658

In this week's episode of the Power of Change podcast, our CEO and Co-Founder Michael Praeger sits down with Patrick Thean CEO and Co-Founder of Rhythm Systems. They share insights from their new book, The Journey to CEO Success: 7 Practices for High Growth Leadership. Discover how you can transform your leadership approach: https://okt.to/csjWXA