In 2000, we set out from Charlotte, North Carolina with a simple mission in mind: transform the way companies pay their bills and free up their accounts payable (AP) from all that paperwork. We’ve grown quite a bit since then, continuously expanding our team, our footprint and our capabilities to become industry leaders in AP automation. We've become one of the fastest-growing technology companies in the US - with five offices and more than 1,500 teammates. read more

EMPLOYEE PARTICIPANTS: 45

TOTAL RATINGS: 495

CEO: Michael Praeger

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AvidXchange VP of Business Development Salary

The average AvidXchange VP of Business Development earns an estimated $246,217 annually, which includes an estimated base salary of $181,609 with a $64,608 bonus. AvidXchange's VP of Business Development compensation is $35,116 more than the US average for a VP of Business Development. VP of Business Development salaries at AvidXchange can range from $76,000 - $427,000.

The Business Development Department at AvidXchange earns $6,897 more on average than the IT Department.

Last updated 2 months ago.

$37k

$90k

$145k

$200k

$410k

$824k

$246,217

Average Compensation

$181,609: avg. base

$64,608: avg. bonus

VP of Business Development Salaries at AvidXchange

VPs of Business Development earn $55,769 more than Directors of Business Development.

Director of Business Development

$190k*

Strategic Accounts Manager

$139k*

Business Development Manager

$134k*

Account Manager

$98k*

Account Executive

$82k*

* estimated salary

Compensation at AvidXchange by Department

The Business Development Department averages $6,897 more than the IT Department, and $5,372 less than the Sales Department

Sales

$121,584 Avg. total comp.

+$5k

Business Development

$116,212 Avg. total comp.

$109,315 Avg. total comp.

-$7k

VP of Business Development Compensation by Gender (All Companies)

The average female VP of Business Development at companies similar size to AvidXchange reported making $289,257, while the average male VP of Business Development at similar sized companies reported making $251,458.

VP of Business Development Compensation by Ethnicity (All Companies)

The average Caucasian VP of Business Development at companies similar size to AvidXchange reported making $263,559, while the average Hispanic or Latino VP of Business Development at similar sized companies reported making $220,000.

How VPs of Business Development at AvidXchange Rate Their Compensation

The majority of VPs of Business Development at AvidXchange believe they're compensated fairly. 67% of VPs of Business Development at AvidXchange say they receive annual bonuses, and the vast majority (86%) are satisfied with their benefits. See more compensation ratings at AvidXchange

Do you believe you're paid fairly?

64% Yes

Does your company give annual bonuses?

67% Yes

Are you satisfied with your Benefits?

86% Yes

See AvidXchange VP of Business Development Salaries by City

Charlotte, NC

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