'At AvidXchange we strive to create an environment that inspires innovation, provides opportunities for advancement, and cultivates a high-functioning workforce.' - Michael Praeger, CEO & Co-Founder of AvidXchange
Charlotte, NC (PRWEB) November 19, 2013
AvidXchange, leading provider of AP and payment automation solutions, attended the awards luncheon hosted by The Charlotte Business Journal at the Charlotte Convention Center, where they were recognized as the 4th Best Place to Work in Charlotte. They were the top software company in the ranking, which they truly consider to be an honor as they strive to be a key differentiator in the software industry. The company’s growth is propelled by their strong focus on innovation, and that innovation is sustained by the company’s ability to recruit and retain top talent. As a company, they are extremely focused on promoting from within and providing their employees with opportunities for education and growth. AvidXchange offers an attractive blend of perks to their employees that are realized in a rich work environment and monetary benefits.
“At AvidXchange we strive to create an environment that inspires innovation, provides opportunities for advancement, and cultivates a high-functioning workforce that is driven to achieve quarterly objectives and success on a company, client, team, and individual level” commented Michael Praeger, CEO and Co-Founder of AvidXchange.
The Charlotte Business Journal selects the winners for their Best Places to Work Award on a combination of criteria that span from community involvement to employee perks, and an anonymous survey that is completed internally by each company’s employees. AvidXchange offers their employees quarterly off-site town hall meetings with catered lunch for every employee in the company, company funded professional development opportunities, quarterly department off-sites/outings, opportunities to participate in company paid “innovation” days, and unlimited potential for advancement. In terms of monetary perks, AvidXchange offers insurance benefits with employer providing a monthly allowance which covers 90% of employees’ medical, 100% of basic dental, life insurance with one time the employee's salary, and long-term disability insurance. AvidXchange also offers a 401K plan with a matching contribution, and every employee receives stock options with initial employment and ongoing stock option grants with employee annual reviews. AvidXchange also emphasizes a great work/life balance, which is why they offer a very generous PTO package.
AvidXchange is also highly committed to making a positive impact on their local community. “As we continue our growth as a company, we believe that it is important that we support the communities where AvidXchange employees call home. As such, we formed the AvidFoundation, which is our community service and financial support vehicle focused on helping kids in need,” commented Michael Praeger, AvidXchange’s Chief Executive Officer and Co-Founder. This year the Charlotte Branch of the AvidFoundation has already completed a playground renovation for the Circle School in Statesville, NC, partnered with Samaritan’s Feet to host an event benefitting children at Cochrane Middle School, participated in the Color Run 5K benefiting the Levine Children’s hospital, hosted a fun Fall festival for local area children from the Charlotte Ronald McDonald House and an after school YMCA program, and is currently collecting food for the 10 families they have adopted for Thanksgiving in the Charlotte area.
AvidXchange revolutionizes the way companies pay their bills. Accounts Payable automation increases control and visibility into the bill payment process to reduce processing time, allow early payment discounts and eliminate late fees. Automation eliminates paper by electronically capturing invoices, using intelligent business rules to route invoices for approval and storing all information electronically providing anytime, anywhere access to invoice status and history. AvidXchange makes it easy to automate and backs this great customer experience with a 45-day implementation guarantee. As the first SaaS technology vendor to automate invoice processing, AvidXchange works with suppliers to electronically send and receive all invoices through the AvidBill Network. Standard integration to more than 40 accounting systems speeds adoption and simplifies setup. AvidInvoice significantly reduces operating costs and improves productivity in a company’s accounts payable department.
AvidPay eliminates 100% of paper checks from company’s payment processes, maintains vendor information and payment preferences, and facilitates payments for every invoice, every vendor, and every bank. Headquartered in Charlotte North Carolina, AvidXchange is privately held with over 200 employees nationwide. Contact us at 800.560.9305/ info(at)AvidXchange(dot)com.