AvidXchange CEO shares his vision to revolutionize software-enabled payments in today’s market

new york, April 18, 2024 /PRNewswire/ — Today’s Marketplace (TMP) is proud to announce the following featured interviews. AvidXchange CEO and co-founder Michael PragerHe shares innovative solutions for software-enabled payments.

The mid-market segment has unique challenges in how to approve, manage, and actually pay suppliers and vendors.

Did you know that paying late and incurring late fees can be especially painful for mid-sized businesses? That’s why many businesses reduce costs and stay competitive by reducing their accounts payable ( AP) automation is a top priority. AvidXchange helps transform AP into software-enabled services to improve efficiency and strengthen the financial health of enterprises.

“We automate the accounts payable and payment processes for middle market companies,” Praeger told the host. jane king. “We focus on the middle market segment, which is different from small businesses and large enterprises, and which can have unique challenges around approving, controlling, and actually paying suppliers and vendors. ” Prager outlines the method. AvidXchange The software is “…integrated into the buyer’s core accounting system, enabling a seamless process for the buyer to execute and manage all expense transactions.”

in the same way AvidXchange Leading the way to AP automation. Hyder Business College We are building the future of FinTech.Dean and Professor of Business Intelligence and Analytics creighton university, anthony hendrickson, PhD addresses the need for finance students to stay up to date with evolving FinTech advances. “Finance scam This poses a significant threat to mid-sized businesses. Our new FinTech major prepares students to make immediate contributions at companies with innovative software such as: AvidXchange. Together, superior software and highly-educated graduates enable companies to take strong protections against fraud and ensure financial health and sustainable growth in an increasingly complex market. ”

TMP creates engaging interviews covering complex and important topics for distribution to investors. ”We are thrilled to have the opportunity to appear on Today’s Marketplace and discuss our solutions. AvidXchange“Automating the accounts payable process is becoming increasingly important for companies looking to reduce costs and increase efficiency,” said Prager. AvidXchange is committed to driving this change. ”

About AvidXchange®
AvidXchange is a leading and trusted provider of accounts payable (“AP”) automation software and payment solutions for middle market companies and their suppliers. AvidXchange The end-to-end Software-as-a-Service (“SaaS”)-based software and payments platform digitizes and automates AP workflows for more than 8,000 Buyer customers and has served Buyer’s more than 1,200,000 suppliers to date. You’re making payments to your customers. For the past 5 years. moreover, AvidXchange, Inc. is a licensed money transmitter for B2B payments in the United States; New York State Department of Financial Servicesand any other states required. AvidXchange Must have a license.

For detailed instructions, please refer to AvidXchangeand its listed parent company AvidXchange Holdings Co., Ltd. (Nasdaq: AVDX) is transforming the way businesses pay their bills. Visit AvidXchange.com.

about creighton university, Hyder Business College

creighton university is Jesuit University It is located in OmahaNebraska. Haider Business College is proud to be one of the business schools most connected to real-world business practices. The university is one of the few with a new FinTech major designed to help students make an immediate contribution to today’s complex and rapidly changing business environment.with clayton Hyder University Visit www.Creighton.edu.

About Today’s Marketplace

Today’s Marketplace (TMP) is a series of executive interviews filmed in prestigious marketplaces. new york stock exchange (NYSE) and Nasdaq MarketSight Studio provides earned media and targeted distribution to institutional and individual investors. Financial news publishers and television broadcast directors can access and download broadcast media assets here.

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