Michael Praeger
- Role
- Co-founder, Chairman, and Chief Executive Officer at AvidXchange, Inc.
- Location
- Charlotte, NC, US
- LinkedIn followers
- 500 followers
About Michael Praeger
True story: I co-founded AvidXchange because while I was having dinner with a friend, he…
Experience
Co-founder, Chairman, and Chief Executive Officer
Apr 2000 — Present
My first priority as CEO is to support my leadership team and help them make the right decisions around key areas such as staffing, growth strategies, innovation, and operational excellence. I also see myself as the Closer-in-Chief, meaning that it’s my job to help investors, customers, partners, and new recruits fully understand and appreciate AvidXchange’s value proposition and strength in the marketplace. Beyond leading operations, I focus on providing the vision to develop and adapt our go-to-market strategy as AvidXchange evolves to keep pace with the exponential demand being generated by hundreds of thousands of mid-market companies in the U.S. I also help craft our approach to key market segments, including real estate, HOAs, construction, financial services, healthcare, media, social services, nonprofits, and educational organizations. We are the leading provider of accounts payable (AP) automation software and payment solutions for middle-market businesses and their suppliers. Ultimately, my charge is to ensure that AvidXchange continues to be the benchmark for innovation, quality, and customer service in our industry. I’m deeply committed to seeing our customers be wildly successful at using our products to transform their businesses, and I’m excited about the new innovations we have in the pipeline. One of my favorite sayings is that fortune favors the bold, and I lead AvidXchange accordingly. I help our people stay focused on what is possible, take advantage of the market opportunities we have, lead our industry in innovation, and make big investments for the future.
Education
Georgetown University
B.S.B.A., Finance
Skills
- Lead Generation
- Mergers & Acquisitions
- Start-Ups
- Business Strategy
- New Business Development
- E-Commerce
- Solution Selling
- Recruiting
- Strategic Planning
- Enterprise Software
- Salesforce.com
- Business Development
- Strategic Partnerships
- Business Analysis
- Product Management
- Management
- Business Intelligence
- Integration
- Strategy
- Cloud Computing
- Finance
- Saas
- Entrepreneurship
- Marketing
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