- AvidXchange, a Charlotte, N.C.-based provider of accounts payable (AP) and payment automation solutions for the middle market, acquired Core Associates
- The amount of the deal not disclosed
- Through this acquisition, AvidXchange becomes one of the foremost AP automation providers for the construction market
- All Core Associates customers will have access to the AvidPay Network of 680,000 suppliers to facilitate more efficient payment processing
- Core Associates is a maker of AP workflow, invoice approval, document storage and forms-data management solutions
- AvidXchange is an industry leader in automating invoice and payment processes for mid-market businesses
