"We're building something different at AvidXchange. The foundation of what we're building here is our people. We hire innovators that have a passion to create a great customer experience with every interaction that they have," commented Michael Praeger, CEO and Co-Founder of AvidXchange. "It has been our commitment to client success that has led to record revenue and growth in our customer base, which has resulted in a rapidly expanding employee base to support them. With 800 employees and growing, we are positioned to break even more records and goals," added Praeger.
In a recent employee engagement survey conducted by Quantum Workplace, AvidXchange beat all national benchmarks in both participation and engagement levels, which demonstrates the type of employee base it is fostering. With all of the growth that AvidXchange is experiencing, its focus on maintaining its culture and providing opportunities for employee advancement and professional development is stronger than ever. An example of AvidXchange's professional development opportunities is its recent partnership with Central Piedmont Community College (CPCC) announced last month. AvidXchange received more than $700,000 of training support for current employees from CPCC under a state-sponsored grant.
"We value the CPCC initiative, because it supports our relentless drive for learning. It is part of our DNA and fuels our strong focus on innovation and great customer experiences that sets us apart from other companies," commented Todd Cunningham, Senior Vice President of Human Capital and Talent Management for AvidXchange. "The desire for more in-depth professional development was a result of feedback that we received from our "Avid Awesomeness" Ambassador group that we developed this year as part of our employee engagement survey. The group is comprised of representatives from each of our functional teams, and helps us to keep a pulse on what our team members need throughout the organization. We are committed to creating the best environment for our outstanding team at AvidXchange," added Cunningham.
AvidXchange™ revolutionizes the way companies pay their bills. Serving more than 6,000 clients throughout North America, AvidXchange is an industry leader in automating invoice and payment processes for midmarket companies spanning multiple industries including Real Estate, Financial Services, Energy, and Construction. AvidXchange has been recognized as one of the 50 fastest-growing private companies in the Charlotte area for four consecutive years, ranked among Deloitte's Fast 500 this past year, and recently was named of the top 100 technology companies in North America by Red Herring. In the midst of record growth, AvidXchange has remained true to its most valued competitive advantage—its people. AvidXchange has been recognized as one of the Best Places to Work in Charlotte for seven consecutive years. For more information, contact us at 800.560.9305 or info@AvidXchange.com.
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