AvidXchange provides accounts payable and on-demand invoice management solutions. It offers AvidInvoice, a web-based paperless accounts payable solution for real estate companies in the office, retail, multi-family, and industrial sectors. AvidXchange was incorporated as AvidXchange.com, Inc. in 2000 and changed to its present name in July 2002. The company is headquartered in Charlotte, North Carolina.Founded in 2000, AvidXchange is an established company that loves to hire graduates from Appalachian State University, with 11.9% of its employees having attended Appalachian State University. Want to compare AvidXchange to some other great places to work in Charlotte, NC? We suggest taking a look at Zippia's list of Best Companies to Work For in Charlotte, NC.The average employee at AvidXchange makes $79,893 per year, which is competitive for its industry and location. Some of its highest paying competitors, Basware, Corcentric, and Enfusion, pay $99,584, $89,538, and $80,521, respectively.Based in Charlotte, NC, AvidXchange is a small technology company with only 132 employees and an annual revenue of $438.9M.
AvidXchange's mission statement
We set out from charlotte, north carolina, in the year 2000 with a simple mission in mind: transform the way middle market companies pay their bills.
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2.5/5
AvidXchange employee reviews
Based on 2 ratings
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the company prefers to hire outsiders that to hire those that are loyal and been here for promotions. Talent team tells you you can't negotiate your pay but then outsiders come in making more than the ppl who have been on these jobs.
AvidXchange benefits
it was working from home but that's been killed to greed.
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2.0
A zippia user wrote a review on Sep 2020
Pros of working at AvidXchange
Good company just can’t seem to fix issues but rather jump to new projects. Managers are trained but rather moved around to see who fits better.
Cons of working at AvidXchange
No path to move forward
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The team at AvidXchange
The founders of AvidXchange are Michael Praeger and Chris Tinsley.
The key people at AvidXchange are Michael Praeger and Chris Tinsley.
Key people
Michael Praeger
Chris Tinsley
AvidXchange rankings
AvidXchange is ranked #25 on the Best Technology companies to work for in North Carolina list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
Evaluate AvidXchange's commitment to diversity and inclusion.
AvidXchange diversity
7.8
Diversity score
We calculated AvidXchange’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of AvidXchange’s workforce.
AvidXchange diversity summary. Zippia estimates AvidXchange's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated AvidXchange's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of AvidXchange's workforce.
AvidXchange has 132 employees.
48% of AvidXchange employees are women, while 52% are men.
The most common ethnicity at AvidXchange is White (60%).
16% of AvidXchange employees are Black or African American.
13% of AvidXchange employees are Hispanic or Latino.
The average employee at AvidXchange makes $79,893 per year.
Employees at AvidXchange stay with the company for 4.4 years on average.
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
AvidXchange currently has 316.4M in revenue. AvidXchange's most recent quarter produced 91.2m (q2'2023).
AvidXchange annual revenue
$439M
$351M
$263M
$176M
$88M
$0
2020
2021
2022
2023
2024
Highest paying AvidXchange competitors
Compare AvidXchange salaries to competitors, including Basware, Corcentric, and Enfusion. Employees at Basware earn the highest average yearly salary of $99,584. The salaries at Corcentric average $89,538 per year, and the salaries at Enfusion come in at $80,521 per year.
Rank
Company
Average salary
Jobs
1
$99,584
0
2
$89,538
0
3
$80,521
0
4
$78,313
0
5
$72,297
0
6
$60,940
0
7
$57,592
0
8
$54,309
0
9
$51,629
0
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Zippia gives an in-depth look into the details of AvidXchange, including salaries, political affiliations, employee data, and more, in order to inform job seekers about AvidXchange. The employee data is based on information from people who have self-reported their past or current employments at AvidXchange. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by AvidXchange. The data presented on this page does not represent the view of AvidXchange and its employees or that of Zippia.
AvidXchange may also be known as or be related to AVIDXCHANGE INC., AvidXchange, AvidXchange Inc, AvidXchange, Inc. and Avidxchange, Inc.