AvidXchange combines technology with managed services to help organizations streamline their AP workflows and easily pay their suppliers while removing manual tasks and the paper from their current processes. AvidXchange has built more than just software – we’ve built services around payment aging, execution, and application that ultimately save the customer time above and beyond just eliminating the paper check. We age and follow up on every outstanding payment, so you don’t have to – we enable you to leverage a fully scaled payment services operations team, which is included with the solution. Free up your AP team from the labor associated with aging checks and fielding supplier inquiries. Today, 40%+ of all suppliers in our network accept payment electronically. Depending on industry and mix of payment types, customers can reasonably expect a long term, sustained ePayment adoption rate of 35%-45%.