Equity Overview
Price & Market Data
Price: $7.87
Daily Change: -$0.005 / 0.06%
Range: $7.75 - $9.00
Market Cap: $1,606,906,240
Volume: 1,016,179
Performance Metrics
1 Week: 3.42%
1 Month: -8.50%
3 Months: -25.21%
6 Months: -6.76%
1 Year: -34.66%
YTD: -23.98%
Company Details
Employees: 1600
Sector: Technology services
Industry: Packaged software
Country: United States
Details
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in the United States. 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 the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment feature. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. It serves real estate, community association management, construction, financial services, healthcare facilities, social services, education, hospitality, and media sectors through direct salesforces; strategic channel partnerships; and software and technology business partners. AvidXchange Holdings, Inc. was incorporated in 2000 and is headquartered in Charlotte, North Carolina.