Company profile AVDX

AvidXchange Holdings Inc

welcome to the avidxchange community. this is the place for avidxchange employees, former employees, partners, and avidxchange users and administrators. avidxchange revolutionizes the way companies pay their bills by automating invoice and bill payment processing. we are automation experts and have been automating companies’ bill pay processes for more than 15 years to reduce... costs, improve productivity and eliminate paper from their bill payment process. our team of automation experts can automate your bill pay process in 45 days—guaranteed! avidxchange provides accounts payable solutions that streamlines invoice capture, intelligently routes approvals and automates payments reducing costs, improving productivity and eliminating paper from the process. as the first saas technology vendor to automate invoice processing, avidxchange works with vendors to electronically send and receive invoices and has standard integration to more than 100 accounting systems. our specialized analytics, Show More

Google Trends for avidxchange login
Q4 +15.0% YoY, -24.5% QoQ | Q1 -45.8% YoY, -54.8% QoQ | Correlation: 0.59

Quarter analysis & expected interestLast update: February 08 2024 15:45:00.

After 39 days of this quarter the interest is at 175.0. Based on that we can calculate that during remaining 52 days it will total up to 408.0.
That appears to be equal to previous quarter and same quarter last year.

Year	Q1	Q2	Q3	Q4
2019	97	334 244.3% QoQ	293 -12.3% QoQ	218 -25.6% QoQ
2020	323 233.0% YoY 48.2% QoQ	266 -20.4% YoY -17.6% QoQ	416 42.0% YoY 56.4% QoQ	453 107.8% YoY 8.9% QoQ
2021	477 47.7% YoY 5.3% QoQ	447 68.0% YoY -6.3% QoQ	415 -0.2% YoY -7.2% QoQ	432 -4.6% YoY 4.1% QoQ
2022	374 -21.6% YoY -13.4% QoQ	588 31.5% YoY 57.2% QoQ	495 19.3% YoY -15.8% QoQ	516 19.4% YoY 4.2% QoQ
2023	411 9.9% YoY -20.3% QoQ	628 6.8% YoY 52.8% QoQ	571 15.4% YoY -9.1% QoQ	598 15.9% YoY 4.7% QoQ
2024	175 -57.4% YoY -70.7% QoQ	-	-	-

this symbol represents interest this quarter up to now and updates daily. For expected interest by the end of the quarter based on current trend see "Quarter analysis" above the table.

Correlation between past revenue and avidxchange login search interestLast update: February 08 2024 15:45:00.

Correlation coefficient between keyword and revenue is 0.59

Interest value is multiplied to fit the chart properly. Correlation level is represented by Pearson correlation coefficient. Value closer to 1 represents higher level of correlation. Value closer to -1 represents inverted relationship. Value closer to 0 represents no relationship.

Analysis of YoY 5Y Google Trends Last update: February 08 2024 15:45:01.

The average 5 years interest of avidxchange login was 32.67 per week.
The last year interest of avidxchange login compared to the last 5 years has changed by 24.09%.
The interest for avidxchange login is trending.
The last year interest is quite higher compared to 5 years ago. It has increased by 100.2%.

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Google Trends for avidxchange
Not enough data for reliable calculations!

Quarter analysis & expected interestLast update: November 03 2023 21:38:35.

After 34 days of this quarter the interest is at 93.0. Based on that we can calculate that during remaining 58 days it will total up to 252.0.
That appears to be equal to previous quarter and same quarter last year.

Year	Q1	Q2	Q3	Q4
2018	-	-	-	109
2019	217 99.1% QoQ	196 -9.7% QoQ	252 28.6% QoQ	192 76.1% YoY -23.8% QoQ
2020	213 -1.8% YoY 10.9% QoQ	166 -15.3% YoY -22.1% QoQ	172 -31.7% YoY 3.6% QoQ	146 -24.0% YoY -15.1% QoQ
2021	185 -13.1% YoY 26.7% QoQ	166 0.0% YoY -10.3% QoQ	206 19.8% YoY 24.1% QoQ	390 167.1% YoY 89.3% QoQ
2022	250 35.1% YoY -35.9% QoQ	269 62.0% YoY 7.6% QoQ	280 35.9% YoY 4.1% QoQ	222 -43.1% YoY -20.7% QoQ
2023	273 9.2% YoY 23.0% QoQ	319 18.6% YoY 16.8% QoQ	280 0.0% YoY -12.2% QoQ	93 -58.1% YoY -66.8% QoQ

this symbol represents interest this quarter up to now and updates daily. For expected interest by the end of the quarter based on current trend see "Quarter analysis" above the table.

Correlation between past revenue and avidxchange search interestLast update: November 03 2023 21:38:35.

Correlation coefficient between keyword and revenue is 0.05

Analysis of YoY 5Y Google Trends Last update: November 03 2023 21:38:36.

The average 5 years interest of avidxchange was 17.61 per week.
The last year interest of avidxchange compared to the last 5 years has changed by 19.25%.
This is something to be checked.
The last year interest is quite higher compared to 5 years ago. It has increased by 30.6%.

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Google Trends for avidxchange music factory
Q4 -3.8% YoY, -28.3% QoQ | Q1 -13.2% YoY, +73.7% QoQ | Correlation: 0.31

Quarter analysis & expected interestLast update: February 08 2024 15:45:07.

After 39 days of this quarter the interest is at 150.0. Based on that we can calculate that during remaining 52 days it will total up to 350.0.
avidxchange music factory expected interest is significantly higher compared to previous quarter (+209.7%) and same quarter last year (+239.8%).

Year	Q1	Q2	Q3	Q4
2019	87	196 125.3% QoQ	211 7.7% QoQ	60 -71.6% QoQ
2020	165 89.7% YoY 175.0% QoQ	9 -95.4% YoY -94.5% QoQ	29 -86.3% YoY 222.2% QoQ	24 -60.0% YoY -17.2% QoQ
2021	87 -47.3% YoY 262.5% QoQ	95 955.6% YoY 9.2% QoQ	35 20.7% YoY -63.2% QoQ	50 108.3% YoY 42.9% QoQ
2022	86 -1.1% YoY 72.0% QoQ	161 69.5% YoY 87.2% QoQ	132 277.1% YoY -18.0% QoQ	99 98.0% YoY -25.0% QoQ
2023	103 19.8% YoY 4.0% QoQ	85 -47.2% YoY -17.5% QoQ	203 53.8% YoY 138.8% QoQ	113 14.1% YoY -44.3% QoQ
2024	150 45.6% YoY 32.7% QoQ	-	-	-

this symbol represents interest this quarter up to now and updates daily. For expected interest by the end of the quarter based on current trend see "Quarter analysis" above the table.

Correlation between past revenue and avidxchange music factory search interestLast update: February 08 2024 15:45:07.

Correlation coefficient between keyword and revenue is 0.47

Analysis of YoY 5Y Google Trends Last update: February 08 2024 15:45:09.

The average 5 years interest of avidxchange music factory was 8.35 per week.
The last year interest of avidxchange music factory compared to the last 5 years has changed by 34.97%.
This is something to be checked.
The last year interest is comparable to 5 years ago. It has changed only by -7.09%.

Google Trends widget for keyword preview might not work in your browser. If so, try Google Chrome