The company is engaged in the provision of automated bill payment solutions in the United States. It was founded by Mike Praeger and David Miller in February of 2000 and conducts its business from its registered head office located in Charlotte, North Carolina.The company involves providing Software-as-a-Service based automated bill payment solutions. Its solutions include: AvidSuite, an AP automation solution, which includes AvidBill, a vendor network to send and receive electronic invoices; AvidInvoice, which captures invoice and usage data for approval, payment, and historical analysis; AvidContract, a solution for automated matching and spending/expiration alerts; AvidBuy, which captures purchase order data for automated invoice matching and payment; AvidPay, a solution for electronic payment of invoices; AvidUtility, which captures utility usage and rates for on time payments and historical analysis; AvidReport, an analytic reporting solution for payments; and AvidSync, a solution for integrations with commercial accounts payable systems. The company serves customers in the energy, telecom, banking, healthcare, real estate, and other industries.
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