AvidXchange Inc., a leading provider of accounts payable (AP) automation software and payment solutions for mid-market businesses, has announced the launch of its Accounts Payable as a Service solution within the AppFolio Performance Platform. This embedded integration, now available in the AppFolio Stack Marketplace, enables property managers to execute supplier payments directly inside AppFolio without switching applications.
The new embedded solution allows AppFolio users to manage the entire supplier payment lifecycle—from invoice receipt and approval to payment execution—without leaving the AppFolio environment. By leveraging AvidXchange’s proprietary payment network and AI-enhanced capabilities, property managers gain improved automation, reduced manual effort, and enhanced visibility into cash flow and vendor relationships.
“AppFolio has been a long-standing partner, and this partnership is all about helping our shared customers spend less time on manual AP work and more time running their business,” said Michael Praeger, CEO and Co-Founder of AvidXchange. “AvidXchange was founded to solve AP challenges in the real estate industry, and we’re bringing that experience directly into AppFolio so property management teams can manage payments in one place with greater efficiency, visibility, and control.”
AppFolio customers can now discover, enroll in, and activate the AvidXchange solution directly through the AppFolio Stack Marketplace, enabling rapid onboarding and immediate operational benefits.
About AvidXchange
AvidXchange is a leading provider in accounts payable (AP) automation, offering intelligent AP software and payment solutions specifically designed for mid-market businesses and their suppliers. With 25 years of industry experience, AvidXchange modernizes the way businesses manage their expenses and payments by offering AI-enhanced software coupled with support from experts. Empowering over 8,500 growth-driven businesses, AvidXchange increases efficiency, control, and visibility in financial operations and has securely processed payments to more than 1.3 million suppliers through its proprietary payment network over the past five years.