AvidXchange launches AvidAnalytics, a business intelligence tool

AvidXchange announced AvidAnalytics, a premium Business Intelligence, BI, solution. AvidAnalytics offers buyer customers custom reporting methods to help improve spend management and drive stronger results and efficiency for the organization. "We launched AvidAnalytics because we know our buyer customers are managing an incredible amount of data through their invoice, purchase order and payment transactions, and standard reporting methods for spend management no longer cut it in today’s digital-first era," said Serdar Dincaslan, Senior Vice President of Business Insights, Decision Science & Network Growth. "With AvidAnalytics, we’re putting the power back into the buyer customers’ hands to glean the insights they need from analyzing and reporting on their data to help strengthen the business overall."