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          "kind": "list",
          "text": "TOTAL TRANSACTIONS PROCESSED: WE DEFINE TRANSACTIONS PROCESSED AS THE NUMBER OF INVOICE TRANSACTIONS AND PAYMENT TRANSACTIONS, SUCH AS INVOICES, PURCHASE ORDERS, CHECKS, ACH PAYMENTS AND VCCS, PROCESSED THROUGH OUR PLATFORM DURING A PARTICULAR PERIOD.",
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          "text": "TOTAL PAYMENT VOLUME: WE DEFINE TOTAL PAYMENT VOLUME AS THE DOLLAR SUM OF BUYERS’ AP PAYMENTS PAID TO THEIR SUPPLIERS THROUGH THE AVIDPAY NETWORK DURING A PARTICULAR PERIOD.",
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          "text": "TOTAL TRANSACTION YIELD: WE DEFINE TRANSACTION YIELD AS THE TOTAL REVENUE DURING A PARTICULAR PERIOD DIVIDED BY THE TOTAL TRANSACTIONS PROCESSED DURING SUCH PERIOD.",
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          "text": "GLOSSARY OF TERMS",
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  ],
  "arcBeats": [
    {
      "from": 9,
      "to": 11,
      "label": "Problem",
      "description": "Slides 9-11 discuss the challenges faced by middle market companies and the limitations of traditional workflows."
    },
    {
      "from": 6,
      "to": 7,
      "label": "Solution",
      "description": "Slides 6-7 present AvidXchange's solution, including automation of the AP workflow and the AVIDPAY NETWORK."
    },
    {
      "from": 15,
      "to": 15,
      "label": "Market Size",
      "description": "Slide 15 highlights the large market opportunity for AvidXchange."
    },
    {
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      "label": "Business Model",
      "description": "Slides 21-22 explain AvidXchange's flywheel business model and its potential for long-term growth."
    },
    {
      "from": 24,
      "to": 30,
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      "description": "Slides 24-30 provide an overview of AvidXchange's financials, including highlights, monetization story, and long-term targets."
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  ],
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      "from": 20,
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      "to": 26,
      "label": "Quick Win Big Bet",
      "description": "Highlighting Q2 2022 highlights as a quick win"
    },
    {
      "from": 9,
      "to": 11,
      "label": "Hypothesis Test",
      "description": "Testing the hypothesis that traditional workflows are manual, slow, and expensive"
    }
  ]
}