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AvidXchange Announces Launch of Inaugural Change Maker Awards

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AvidXchange (Nasdaq: AVDX) has launched the inaugural Change Maker Awards, recognizing individuals driving innovative change in the accounts payable (AP) industry. Nominations open from August 20 to September 30, 2024, with winners selected based on organizational impact or personal success in AP. The prize package includes a $1,000 charity donation, digital showcase on the Nasdaq Tower in Times Square, and a feature on AvidXchange's website.

Michael Praeger, Co-Founder, Chairman, and CEO of AvidXchange, emphasized the importance of showcasing innovative thinkers shaping the future of finance and AP. The awards are open to AvidXchange customers, who can self-nominate or be nominated by others through the company's website.

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Positive

  • Launch of the Change Maker Awards program to recognize innovation in the AP industry
  • Potential for increased brand visibility through the Nasdaq Tower showcase in Times Square

Negative

  • None.

News Market Reaction 1 Alert

-2.31% News Effect

On the day this news was published, AVDX declined 2.31%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Nominations for the awards program open on August 20, 2024, and will honor individuals driving innovative change in the accounts payable industry

CHARLOTTE, N.C., Aug. 20, 2024 (GLOBE NEWSWIRE) -- AvidXchange, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the launch of the inaugural Change Maker Awards by AvidXchange. The awards program, which will accept nominations starting August 20 through September 30, 2024, honors individuals who have driven innovative and transformative change in the AP industry.

“We’re thrilled to officially announce the launch of the Change Maker Awards. To us, change makers are not just driving growth but are fully embracing the power of change to transform the way their businesses operate,” said Michael Praeger, Co-Founder, Chairman, and Chief Executive Officer of AvidXchange. “We’re proud to showcase the stories of these innovative thinkers who are shaping the future of finance and accounts payable.”

Winners will be selected based on the impact they have made on their organization or any personal success they have achieved in the accounts payable field. Winners will receive an exclusive prize package including:

  • $1,000 donation to a charity of their choice
  • Digital showcase on Nasdaq Tower in Times Square
  • Dedicated feature on the AvidXchange website

The award is open to AvidXchange customers to apply, and individuals can nominate themselves or be nominated by others by completing a form through the AvidXchange website. For more information on the Change Maker Awards, please visit avidxchange.com/awards.

About AvidXchange
AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers. AvidXchange’s software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,000 businesses and it has made payments to more than 1.2 million supplier customers of its buyers over the past five years. To learn more about how AvidXchange is transforming the way companies pay their bills, visit www.avidxchange.com.

Media Contact:
Kevin Logan
Manager of Corporate Communications
AvidXchange
pr@avidxchange.com

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/34098b9b-ea04-4832-8a69-cfa7d63c9592


FAQ

When do nominations for AvidXchange's Change Maker Awards open and close?

Nominations for AvidXchange's Change Maker Awards open on August 20, 2024, and close on September 30, 2024.

What prizes do winners of AvidXchange's Change Maker Awards receive?

Winners receive a $1,000 donation to a charity of their choice, a digital showcase on the Nasdaq Tower in Times Square, and a dedicated feature on the AvidXchange website.

Who is eligible to apply for AvidXchange's Change Maker Awards?

The Change Maker Awards are open to AvidXchange customers to apply. Individuals can nominate themselves or be nominated by others.

What is the purpose of AvidXchange's Change Maker Awards?

The Change Maker Awards honor individuals who have driven innovative and transformative change in the accounts payable industry.
Avidxchange Holdings, Inc.

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Software - Infrastructure
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United States
CHARLOTTE