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AvidXchange is known for software that automates the accounts payable process. I joined AvidXchange in 2009. And somewhere along, having to have a business, they have to manage their accountsreceivables, they have to make sure they know where their cash flow is coming. You want to go out to your next job.
The firm grew 15 percent from 2008 to 2009, and that has been the normal amount of growth ever since. This was a giant lead-generation funnel. They're getting their existing clients to bring in more clients in exchange for deferred payment.
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