AvidXchange Holdings: Purpose-Built Solution To Target The Mid-Market

Dec. 01, 2022 11:27 AM ETAvidXchange Holdings, Inc. (AVDX)BILL, COUP
Jay Capital profile picture
Jay Capital


  • The industry is large and growing.
  • AVDX has a purpose-built solution that digitizes the entire AP process.
  • AVDX enjoys a strong flywheel effect.

Receivable and payable text on Jigsaw Puzzle. Accounting concept

Jennifer Miranda/iStock via Getty Images


I recommend buying AvidXchange (NASDAQ:AVDX). AVDX specializes in providing AP software and payment solutions targeted at middle-market businesses. COVID-19 has hyped the demand for flexible, cloud-based solutions for organizations. AVDX is undeniably well-positioned in the


Author's estimates

This article was written by

Jay Capital profile picture
I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies with steady long-term growth, no cyclicality, and a robust balance sheet.Nevertheless, investing in successful company is risky because one may end up paying too much (this is where valuation matters). I firmly believe this, yet there are situations where the development runway is so vast that price matters much less in the immediate future.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You


To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.