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Acumatica Selects AvidXchange to Power Payment Automation for Customers
Globenewswire· 2026-01-26 18:07
Core Insights - AvidXchange has been selected as a strategic partner by Acumatica to enhance payment automation for mid-market customers through an embedded experience within the Acumatica platform [1][2] - The partnership aims to streamline the end-to-end payment process, leveraging AvidXchange's AI-enhanced software and extensive supplier network [2][3] Group 1: Partnership Details - AvidXchange will provide payment automation capabilities to Acumatica's over 10,000 customers, enhancing control and flexibility in financial operations [2] - The collaboration will integrate AvidXchange's network of more than 1.3 million suppliers with Acumatica's cloud ERP solution to improve visibility and payment experiences [2][4] Group 2: Company Background - AvidXchange specializes in accounts payable (AP) automation, with 25 years of industry experience, focusing on mid-market businesses and their suppliers [4] - The company has empowered over 8,500 businesses, increasing efficiency and visibility in financial operations, and has processed payments to over 1.3 million suppliers through its proprietary network [4]