AvidXchange Holdings, Inc. engages in the provision of accounts payable automation software and payment solutions. The company is headquartered in Charlotte, North Carolina and currently employs 1,600 full-time employees. The company went IPO on 2021-10-13. Its Software-as-a-Service (SaaS)-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,500 businesses (its buyers) and it has made payments to more than 1,350,000 supplier customers of its buyers (suppliers). Its platform automates end-to-end AP workflows for its buyers and enhances the payment experience for its suppliers through the various products and features: AP Automation Software, the AvidPay Network, and the AvidXchange Supplier Hub. The firm provides solutions and services throughout North America spanning multiple industries, including real estate, community association management, construction, financial services (including banks and credit unions), healthcare facilities, social services, education, media, and hospitality.
Follow-Up Questions
What is Avidxchange Holdings Inc (AVDX)'s P/E Ratio?
The P/E ratio of Avidxchange Holdings Inc is 253.7265
Who is the CEO of Avidxchange Holdings Inc?
Mr. Michael Praeger is the Chairman of the Board of Avidxchange Holdings Inc, joining the firm since 2000.
What is the price performance of AVDX stock?
The current price of AVDX is $9.94, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Avidxchange Holdings Inc?
Avidxchange Holdings Inc belongs to Financial Services industry and the sector is Financials
What is Avidxchange Holdings Inc market cap?
Avidxchange Holdings Inc's current market cap is $2.0B
Is Avidxchange Holdings Inc a buy, sell, or hold?
According to wall street analysts, 9 analysts have made analyst ratings for Avidxchange Holdings Inc, including 0 strong buy, 0 buy, 11 hold, 1 sell, and 0 strong sell
