09:57 AM EDT, 05/23/2024 (MT Newswires) -- AvidXchange Holdings ( AVDX ) said Thursday it has entered into a strategic partnership with MIP Fund Accounting by Community Brands, allowing MIP to offer its accounts payable automation product to its 6,000 customers.

The partnership streamlines invoice processing and payment tasks for MIP customers, enabling synchronization of GL codes, vendor lists, invoices, and payments through API integration, the companies said.

Financial terms of the collaboration were not disclosed.

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