AvidXchange Acquires Core Associates to Become a Leader in Accounts Payable Automation for the Construction Industry
January 5, 2021
We are thrilled to share that on December 30, 2020 Core Associates was acquired by AvidXchange. Founded in 2000, AvidXchange is the industry leader in automating invoice and payment processes for mid-market businesses, with 1,500 employees supporting 6,000 customers across North America.
What does this mean for customers and business partners?
On a day-to-day basis, it’s business as usual. Our existing client relationships and our strategic partnerships will not change.
With Core Associates now a part of AvidXchange, we’ll deliver the only complete purchase-to-pay solutions in the market for Sage 300 CRE, Sage 100 Contractor, Acumatica, and Sage Intacct Construction users. Customers will have the opportunity to process payments through the AvidPay Network of 680,000+ suppliers and offer multiple electronic payment options to vendors to help eliminate the need for paper checks.
What does this mean for Core Associates?
Our staff will continue to support you as part of the AvidXchange team. Since our founding in 2008, we have always put our customers first by developing innovative products to fit the market’s evolving needs. AvidXchange recognizes the value of our industry expertise and provides an exciting opportunity for our customers as well as our business partners.
Need more information?
We will provide further updates via our web portal, emails, and a press release. If you have a specific question, please email us at email@example.com.