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Stock impact report

AvidXchange Announces Strategic Partnership and API Integration with MIP Fund Accounting by Community Brands to Transform Invoice-to-Pay Processes for Social Good Entities [Yahoo! Finance]

AvidXchange Holdings, Inc. (AVDX) 
NASDAQ:AMEX Investor Relations: ir.avantdiagnostics.com
Company Research Source: Yahoo! Finance
payment solutions for middle market businesses and their suppliers, announced a strategic partnership with MIP Fund Accounting by Community Brands (“MIP”) in combination with a new invoice-to-pay application programming interface (API) integration. This partnership grants MIP – a leading cloud-based, SaaS fund accounting solution purpose-built for nonprofits and government organizations – the ability to market and offer AvidXchange as an AP automation solution to its 6,000 customers across the country. Through this partnership, AvidXchange offers MIP customers a more seamless and efficient way to process invoices and make payments, freeing up their time to focus on more strategic work to drive their mission forward. The API integration between AvidXchange and MIP enables customers to sync GL codes, vendor lists, invoices, and payments, reducing time spent on manually executing these time-intensive and repetitive tasks. Together, this provides a fully digitized invoice-to-pay proce Show less Read more
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