AvidXchange

Corporate brand

AvidXchange is an AI-powered accounts payable automation company founded in 2000, serving mid-market businesses with invoice and payment solutions.

Last updated September 15, 2026

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Overview

AvidXchange provides AI-powered accounts payable (AP) automation software and payment solutions. Founded in 2000, the company states its mission is to transform how mid-market businesses receive, manage, and pay their bills. Its solutions integrate with ERP and accounting systems and connect to a supplier network, offering invoice capture, approvals, and payments. The company reports serving more than 8,000 businesses and a network of over 1.5 million suppliers.

History

AvidXchange was founded in 2000. According to the company, its founding mission was to transform the way mid-market businesses receive, manage, and pay their bills. The company states it has built over 25 years of AP expertise and now embeds AI across the AP lifecycle, from invoice capture to approvals to payments. It reports serving more than 8,000 businesses and connecting to a network of over 1.5 million suppliers.

Products and positioning

AI-powered accounts payable automation for mid-market businesses, built on 25+ years of AP expertise.

AI-Powered AP Automation
AI-powered accounts payable and payment solutions for finance teams, integrating with ERP or accounting systems and connecting to a supplier network.
AP as a Service for ERPs
A fully managed AP infrastructure for ERPs and accounting systems, providing a ready-to-launch invoice and payments experience.
AvidPay Network / Supplier Hub
A supplier network offering payment options such as virtual credit card, AvidPay Direct, or mailed checks.

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