BankTEL Systems Inc
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BankTEL Systems Inc, based in Columbus, MS, has been acquired by AvidXchange, offering the Ascend product suite for automating accounts payable processes. With a wide range of solutions tailored to various industries including real estate, construction, healthcare, and technology, BankTEL provides integrated software solutions that streamline financial operations for businesses.
AvidXchange, headquartered in Charlotte, NC, is a leading provider of financial technology solutions, offering products such as AvidInvoice, AvidPay, and AvidBuy. With a focus on automating accounts payable and supplier management, AvidXchange serves diverse industries and integrates with popular software platforms like Netsuite, QuickBooks, and Microsoft Dynamics. The acquisition of BankTEL further enhances AvidXchange's comprehensive suite of financial services, providing efficient and secure solutions for businesses of all sizes.
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