Cribs: Go inside AvidXchange to learn about paying bills, ping pong and exec meetings
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AvidXchange is one of the best startup stories in Charlotte. Love that they purchased the naming rights to make the N.C. Music Factory the AvidXchange Music Factory.
That said, I always forget whether to capitalize the X or the C in the “Xchange” part of their name. I bet there is a 94% chance that they’ve talked over rebranding internally. Enough name talk.
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AvidXchange is growing. Below is what their new crib will look like in about 12 months.
This used to be the parking lot by VBGB and Mattie’s Diner – it’s becoming a six-story, 200,000-square-foot office building. Another building could follow close behind on the 32-acre spot. BOOM.
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But enough new talk. Agenda needed to check out their current digs to see exactly what it looks like instead this high growth company.
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I was welcomed by a bear in an indy car type situation in their lobby. I thought I’d experience some retina scanner type check-in, but it was a pretty old school sign in book.
A+ on the banner wall hangings as well.
(Update 9 a.m.: AvidXchange just insulted Agenda on the Twitter.)
What does AvidXchange do? They help companies pay their bills.
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At first glance, it sounds like a weird problem to solve. But if you’ve ever bought anything at a company (I’m not talking to you, 22-year-old millennial that doesn’t actually make decisions yet), you realize that getting an invoice, getting approvals and getting a vendor paid is actually a pain in the butt. Never mind filing and tracking everything.
The company now employees over 500 people.
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Open warehouse vibe! Get exciteddddd!
Kitchen perks: fancy coffee makers, solid TV setup, plethora of microwaves.
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I’ve seen countless office refrigerators, but this one is oddly clean. Oh, and spot the two cakes! Happy birthday, person-whose-name-I-forgot!
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Employees like working at AvidXchange and not just because of the ping pong table that heats up in the afternoon.
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Each quarter, teams go on offsites to places like the Whitewater Center and Exit Strategy. Sounds like a mix of trust falls and craft beer, I like it.
Cornhole! Basketball shooter! But, where are the Nerf guns? Ugh.
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Sure, the office has the startup-y stuff, but AvidXchange also has Quarterly Townhalls at Bootlegger’s (across the street and kind of funny) where execs talk over strategy/results/goals for two hours and then the whole company has a casual happy hour.
Here are the fancy execs. One is happy to see the Agenda, the other looks like he’s going to take us out. Gulp.
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