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AvidXchange acquires Core Associates to become a leader in accounts payable automation for the construction industry; AvidSuite now includes TimberScan to help more construction companies transform the way they pay bills

Jan 04, 2021 - PR Newswire
Mergers and Acquisitions

PR Newswire

 AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, has acquired Core Associates, the makers of TimberScan and complementary AP solutions trusted by more than 30,000 users nationwide. Through this acquisition, AvidXchange is now one of the foremost AP automation providers for the construction market, offering the only complete purchase-to-pay solution for Sage 300 CRE (formerly Timberline), Sage 100 Contractor...