AvidXchange Launches AP as a Service, Connecting 1.3 Million Suppliers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
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Source: Globenewswire
- Service Innovation: AvidXchange formally launches Accounts Payable as a Service, leveraging AI-enhanced automation to enable ERP providers to deliver a seamless integrated AP and payments experience, significantly improving operational efficiency for customers.
- Rapid Onboarding: The new service allows customers to activate payments within days instead of weeks, reducing IT workload and accelerating supplier adoption, which enhances customer satisfaction and market competitiveness.
- Integration Advantages: With flexible APIs and prebuilt modules, AvidXchange's solution can be embedded directly within ERP platforms, ensuring a consistent user experience that boosts customer convenience and operational efficiency.
- Industry Leadership: With 25 years of industry experience, AvidXchange serves over 8,500 businesses and has securely processed payments for more than 1.3 million suppliers through its proprietary payment network, further solidifying its leadership position in the AP automation space.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
