AvidXchange 2025 Trends Survey Reveals Finance Leaders’ Top Priorities
AvidXchange Holdings, Inc. (AVDX)
NASDAQ:AMEX Investor Relations:
ir.avantdiagnostics.com
Company Research
Source: GlobeNewswire
CHARLOTTE, N.C., Sept. 17, 2024 (GLOBE NEWSWIRE) -- AvidXchange, Inc., a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced the results of their 2025 Trends Survey, highlighting the top priorities and concerns of finance leaders looking ahead to the new year. After polling 500 middle market finance leaders in August 2024, key findings revealed continued focus on security, increasing use of cloud-based solutions, and desire to realize return on investment from AI initiatives. AI and ROIAccording to the survey, 76% of finance departments recognize the value of using AI within their finance department to improve efficiency and decision-making. In spite of this, 71% of finance leaders have concerns about measuring the return on investment from their AI initiatives, emphasizing the need for employee training and upskilling programs to maximize benefits. Security Remains a Key Focus AreaSe
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Sec Filings
- 9/17/24 - Form 4
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- AVDX's page on the SEC website