AvidXchange, Inc.

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Michael Praeger
Co-founder and CEO
Location: Charlotte, NC

AvidXchange, Inc.

“Day one [at AvidXchange, Inc.], you start meeting awesome new team members and immediately you realize that you will hit the ground running, and that it’s likely the pace won’t slow down,” says Michael Praeger. He believes AvidXers thrive on the company’s unique energy. “They are motivated because they know they are accomplishing something and are part of something exciting,” says Praeger. “We know we’re part of that revolution.” As a result of its drive to succeed, AvidXchange is extremely focused on goals, and measures and reviews them constantly as part of weekly meetings. “We’re a group of dreamers and innovators, but most importantly, we’re problem solvers who will break down a task so we can reach the impossible,” says Praeger.

“The most important thing about growing a great company culture is to be intentional about it, and analyze, focus on and live it just as you would any other part or metric in your business.”