AvidXchange, Inc.

Item: AvidXchange, Inc.
Rating: 3.3
Author: RepVue

36 Employee Ratings

36 Ratings

86% Verified

3.3

Rate this Company

RepVue Score

0

AvidXchange, Inc.

36 Employee Ratings

86% Verified

3.3

77.32

RepVue Score

Home CompaniesAvidXchange, Inc.

Profile Highlights

High Quota Attainment

AvidXchange, Inc. quota attainment far exceeds the industry average

Competitive Salaries

OTE at AvidXchange, Inc. for Mid Market Account Executives and Sales Development Representatives is highly competitive compared to industry peers. View salaries

High Score for Inbound Lead / Opportunity Flow

AvidXchange, Inc. is in the 77th percentile for Inbound Lead / Opportunity Flow

Performance Category Ratings

See how employees rated AvidXchange, Inc. in RepVue’s key performance categories

Category Score

Industry Percentile

Industry Rank

Culture and Leadership

3.2

50th%of Software orgs

# 932of 1,840 Software orgs

Base Compensation

3.3

26th%of Software orgs

# 1,378of 1,840 Software orgs

Incentive Compensation Structure

3.0

25th%of Software orgs

# 1,383of 1,840 Software orgs

Product - Market Fit

3.5

37th%of Software orgs

# 1,174of 1,840 Software orgs

Professional Development and Training

2.7

31st%of Software orgs

# 1,272of 1,840 Software orgs

Inbound Lead / Opportunity Flow

3.3

77th%of Software orgs

# 411of 1,840 Software orgs

Diversity and Inclusion

3.8

52nd%of Software orgs

# 868of 1,840 Software orgs

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About AvidXchange, Inc.

Charlotte, NC

AvidXchange is a leading provider of accounts payable automation software and payment solutions for middle market businesses and their suppliers.

Percent that Attain Quota?

Excellent!of team members typically hit their quota

Software Industry Average

40%

Global Average

42%

Quota Attainment at AvidXchange, Inc.

Salaries

Job Role

Median Base Pay

Median OTE

Top Performer

Mid Market Account ExecutiveSalary data from 8 ratings

Base Pay$85k

OTE$200k

Top Performers$271.3k

Sales Development RepresentativeSalary data from 5 ratings

Base Pay$55k

OTE$90k

Top Performers$128k

Sales Development ManagerSalary data from 3 ratings

Base Pay$60k

OTE$90k

Top Performers$123.3k

View all Salaries

Salaries at AvidXchange, Inc.

Reviews

Current Employee

2.9

April 17, 2024

Great at first. New leadership since IPO has deteriorated morale over sales teams. Quotas continue to increase while average deal sizes decrease, making it more difficult to hit targets. Micro-management of sales org has increased significantly.

Useful

Former Employee

1.0

April 10, 2024

The sales org at AvidXchange is essentially falling apart. From a couple of years ago to now there have been endless changes and two pay cuts/“comp restructures”. Any concerns fall to deaf ears and upper management is 100% disconnected, careless, and are running the org into the ground. There is a lot of recent turnover for a reason. I cannot stress enough how much...Read More

Useful

View All Reviews

Reviews at AvidXchange, Inc.

Anonymous Q&A

Anonymous Sales ProMar 18, 2024

How often does the compensation plan change at AvidXchange, Inc.? How are sales territories determined at the company?

0 Answers

Anonymous Sales ProFeb 12, 2024

What is the sales management style like at AvidXchange?

0 Answers

View all Q&A

Anonymous Q&A at AvidXchange, Inc.

Employee Ratings

Total Employee Ratings

Total Ratings

Ratings Verified by RepVue

Verified Ratings

86%

Job Categories

Account Executive

50%

Other

30%

SDR / BDR

19%

Employee Status

Ratings submitted by current employees

58%

Ratings submitted by former employees

42%

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Frequently Asked Questions

AvidXchange, Inc. has an overall employee rating of 3.3 out of 5 and a RepVue score of 77.32. They are ranked #1093 out of all Software organizations.

Currently it is reported that 62.2% of the reps at AvidXchange, Inc. are hitting quota.

AvidXchange, Inc. has a rating of 3.2 out of 5 for culture and leadership. They are ranked #2078 in this category out of 4783 companies.

AvidXchange, Inc. has a rating of 3.5 out of 5 for Product - Market Fit and is ranked #1174 out of 1840 Software companies.