Media Agencies Under Pressure, Turning to AI to Strengthen Financial Health and Cash Flow, AvidXchange Survey Reveals

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Our world-class AP automation technology provides greater visibility and control over their bills, backed by an incredible customer support team dedicated to helping them navigate change and drive efficiency.” Survey MethodologyAvidXchange used the third-party market research company Prodege to conduct an online survey to 156 decision makers at U.S.media and advertising agencies, conducted between January 23-26, 2025.   About AvidXchange®      AvidXchange (Nasdaq: AVDX) is a leading provider in accounts payable (AP) automation, offering intelligent AP software and payment solutions specifically designed for mid-market businesses and their suppliers.

New Survey Reveals Top Financial Operational Challenges and the Expanding Role of Automation in FinanceCHARLOTTE, N.C., May 20, 2025 (GLOBE NEWSWIRE) -- AvidXchange Inc.(Nasdaq: AVDX) a leading provider in accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, today announced findings from its 2025 Media Agency Health Survey.

The survey polled financial leaders at U.S.media and advertising agencies, revealing rising concerns about cash flow management and growing demand for AI-driven solutions to strengthen their financial health.

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Author / Journalist: AvidXchange

Category: Technology

Markets: China

Topics: Nasdaq:AVDX US05368X1028

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 14:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 17 lines

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News ID: 28876102

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