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Webinar to Explore How Cloud Computing Changes the Game for Dentists

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Webinar Will
Illustrate How To Use th
e Cloud to Transform Dental Practice Payments And  Make More Money

MwhitePALO ALTO, CALIF.— Dec. 12, 2012 — Bill.com, the leader in integrated bill payment,
invoicing and cash management solutions for businesses, today announced that it
will explore how dentists can deploy breakthrough cloud technology to transform
their practices and make more money in a free webinar, “How Cloud Computing
Changes the Game for Dentists,” on Thursday, December 13, at 11 a.m. PT. Registration
is available now at http://cashflow.bill.com/gcdentist_121312.

This webinar will discuss how cloud computing
can help dentists automate time-consuming, inefficient manual processes like
billing and payables, eliminating unnecessary paperwork and—most
importantly—identifying the key areas for improvement in their practice. Featuring Mike White, CPA,
of M. White & Associates, a firm that provides accounting, tax and
consulting services to dental and medical practices, the webinar will inform
attendees how to:

  • control
    their cash flow;
  • boost
    their revenue;
  • increase
    their production per patient;
  • increase
    their collections per patient; and
  • get
    more new patients.

The webinar will also discuss how new tax laws will affect
dentists, detailing all the likely changes.

“The cloud has the
potential to save dentists not only money but valuable time that they could be
spending with their patients and building their practice,” said René Lacerte, founder and CEO of Bill.com. “We look forward to
sharing some great ideas and useful tips on how the cloud can transform the
very way dental practices are run in what is sure to be an informative and
lively discussion.”

Bill.com delivers
a complete web-based financial solution for businesses and accountants that provides the tools, information,
and collaboration required to better manage their financial tasks and optimize
cash flow. Bill.com's game-changing technology digitizes a historically
paper-based and time-consuming process, allowing users to access online bill
payments, e-invoicing, document management, and automated workflow through one
easy system. In addition to seamlessly integrating with business' existing
accounting software programs, Bill.com provides financial leaders with a
comprehensive view of their cash forecast – making it the only solution that
connects a user's banks, bookkeeping, and business.  



Bill.com Releases Next-Generation Application Platform

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BILL.COM RELEASES
NEXT-GENERATION APPLICATION PLATFORM,
ENABLES NEW
DEVELOPER ECOSYSTEM WITH OPEN APIs

Bill.com’s Market-Leading Sync Now Enables Integrations with Systems Across A Wide Range of Business
Apps

Palo Alto, Calif.— Dec. 13, 2012 — Bill.com, the leader in integrated bill payment,
invoicing, and cash management solutions for businesses, today extended its
market-leading integration beyond accounting software, introducing its
next-generation application platform. This new platform offers open APIs,
enabling developers to natively integrate applications ranging from expense
management solutions to complete CRM systems with the Bill.com platform. Developers
can now offer finance professionals a complete view of all business processes
at work in their companies, and, via Bill.com’s powerful sync feature, they can
for the first time ensure that data discrepancies can be quickly resolved,
meaning that decisions can be made quickly and accurately based on real-time
data.

This tight integration also means that
developers have access to an entirely new marketplace for their software via Bill.com’s
growing user community   Developers can visit http://developer.bill.com to download a free kit to help them
easily write to the Bill.com platform using JSON, the easiest, most lightweight
data model available.

“We are thrilled that Bill.com has
partnered with OneSaas to be the first company to complete an integration
with the new Bill.com platform,” said Jeff Perlman, CEO, OneSaas, which just
launched the integration between Xero and
Bill.com
last month. “By
establishing a robust integration between Bill.com and our multi-point service,
we can now bring several new business applications to financial
professionals seamlessly embedded into Bill.com interface.”

Bill.com delivers a complete web-based
financial solution for businesses and accountants
that provides the tools, information, and collaboration required
to better manage their financial tasks and optimize cash flow. Bill.com's game-changing technology
digitizes a historically paper-based and time-consuming process, allowing users
to access online bill payments, e-invoicing, document management, and automated
workflow through one easy system. In addition to seamlessly integrating with
businesses' existing accounting software programs, Bill.com provides financial
leaders with a comprehensive view of their cash forecast – making it the only
solution that connects a user's banks, bookkeeping, and business.  

The top three
features of the new Bill.com platform are:

  • Business
    APIs: These
    give access to all business objects, connecting all the business processes into
    CEOs’ and finance managers’ workflows while creating an entirely new
    marketplace for developers.
  • Sync
    APIs: Bill.com pioneered sync in the payment space, with seamless integration
    with all leading accounting software, and now Bill.com is broadening its reach
    and enabling seamless integration to all business solutions, meaning cash flow
    can finally be managed all from one place.
  • Service APIs: Bill.com offers full
    integration to the Bill.com interface, making it simple and quick to push
    content to Bill.com so users can manage all their business information in one
    place.

“Bill.com
has had remarkable success uniting disparate accounting systems, finally
freeing finance professionals from the old manual, error-prone ways of managing
finances,” said René Lacerte,
founder and CEO, Bill.com. “Now, we are taking things a step further and extending
our platform beyond accounting software, validating how pivotal our customers
are to all the business processes happening at their companies. We look forward
to seeing the amazing integrations developers will create and to building a
thriving ecosystem around the Bill.com platform.”

For
more information or to download the free developer kit, please visit  http://developer.bill.com.


Bill.com Featured in CPA Advisor

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12/13/12 Bill.com Extends Integration Beyond Accounting Software

By: Taija Jenkins, Associate Editor – CPA Practice Advisor

Bill.com announced today it will offer a new application
platform, which will extend its integration beyond accounting software
to business applications.

Bill.com announced
today it will offer a new application platform, which will extend its
integration beyond accounting software to business applications.
Bill.com partnered with OneSaas for the first set of integrations on the
new open APIs. Bill.com offers integrated bill payment, invoicing and
cash management solutions for businesses and accountants.

“We are thrilled that Bill.com has partnered with OneSaas to be the
first company to complete an integration with the new Bill.com
platform,” said Jeff Perlman, CEO, OneSaas, which also launched the
recently announced Xero and Bill.com integration last month. “By
establishing a robust integration between Bill.com and our multi-point
service, we can now bring several new business applications to financial
professionals seamlessly embedded into Bill.com interface.”

Read the article here. The free kit is available for download to help developers write to the Bill.com platform using the JSON data model.


Bill.com Featured in Tech Crunch

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12/13/12 – Bill.com Opens The Data Behind The Business Transaction With A New Application Platform Powered By Open APIs

By: Alex Williams

Bill.com is opening the
data behind the business with a new application platform powered by
open APIs for third-party developers. The new platform allows developers
to integrate native apps with Bill.com’s software so finance
professionals can access more information from individual customer
transactions in real time.

The new application platform gives third-party developers access to
Bill.com’s open APIs for abstracting the paper and all the manual tasks
that come with managing different forms of transactions. Bill payment,
invoicing, cash management and the associated integrations that come
with Bill.com are now available with third-party apps. Developers may
then offer the integrations on a marketplace managed by Bill.com.

The new integration includes Bill.com’s sync feature, which uses
real-time data to help finance professionals to quickly find
discrepancies and make quick decisions based on the immediacy of the
information that they now have.

Read more here.


Our Next-Generation Platform: Building a Developer Ecosystem, Extending Our Solution

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CEO_inside_6Last week was a big week at Bill.com. We have made many great technological advancements in this past year, but our next-generation application platform is perhaps one of our biggest leaps forward. For the first time, we are moving beyond accounting software by offering open APIs that enable developers to natively integrate applications ranging from expense management solution to complete CRM systems with our platform. This is great news for our customers because it means that they can finally have a complete view of all the business processes at work in their companies, empowering them to make decisions quickly and accurately based on real-time data.

It is also great news for the developer community because this is a chance for them to serve an entirely new customer base.  OneSaas has already used our open APIs successfully to build the new Xero integration, for example, and they have much more in store. And it is easy to get started and join the community. Developers just need to visit http://developer.bill.com to download a free kit that will help them easily write to the Bill.com platform using JSON, the easiest, most lightweight data model available.

Alex Williams from TechCrunch wrote about our new platform last week and his article, “Bill.com Opens The Data Behind the Business Transaction With A New Application Powered By Open APIs,” is worth a read because I think he makes clear exactly what we are trying to do with this platform—bring our users more information so they can access data and make transactions in real-time while bringing developers a whole new audience. 

There is one passage from Alex’s article that is especially reflective of what we are trying to achieve:

“Bill.com is a modern data workflow company that is building pipes to filter the great pools of data that, until recently, have largely been cemented in spreadsheets, invoices, etc….Some compare data to oil and the pipes that are used to turn it into any imaginable kind of product that can be produced in a data factory. That’s how I view Bill.com and the ecosystem it is helping to develop.”

We look forward to building our ecosystem with th e developer community. Together we can free data, empower customers, and bring the financial community to the forefront of technological advancements. 

René Lacerte, Founder and CEO, Bill.com


Free Bill.com Webinar to Offer Franchise Owners 5 Steps to Grow 5 Times

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Back by Popular
Demand, Webinar Replay Helps Franchise Owners Use the Cloud

to Transform Their
Operations, Make More Money

FiveGuysLogo2PALO ALTO, CALIF.— Dec. 19, 2012 — Bill.com, the leader in integrated bill payment, invoicing and cash management solutions for businesses, today announced that it will offer franchise owners five steps to grow their franchises by five times in a replay of a free webinar on Thursday, December 20, at 11 a.m. PT. Registration is available now at http://cashflow.bill.com/5Steps_122012.html.

This webinar will discuss how cloud computing can help franchise owners use breakthrough cloud technology to transform their operations and make more money. The webinar will feature Peter Biro, multi-unit owner of Five Guys Burgers and Fries and former owner of Naked Pizza stores, who will explain how he uses automated systems to grow businesses without adding any overhead while saving tens of thousands of dollars annually.

Packed with actionable data and useful insights, the webinar will cover how to:

  • grow franchise operations;
  • keep overhead under control;
  • reduce paperwork to the bare minimum; and
  • create a cash flow management process that scales.

“Given their geographically dispersed locations, franchises are often victim to unnecessary overhead and paperwork confusion,” said René Lacerte, founder and CEO of Bill.com. “We look forward to sharing some ideas on how deploying a cloud-based solution can not only simplify but improve franchises’ business.”

Bill.com delivers a complete web-based financial solution for businesses and accountants that provides the tools, information, and collaboration required to better manage their financial tasks and optimize cash flow. Bill.com's game-changing technology digitizes a historically paper-based and time-consuming process, allowing users to access online bill payments, e-invoicing, document management, and automated workflow through one easy system. In addition to seamlessly integrating with businesses' existing accounting software programs, Bill.com provides financial leaders with a comprehensive view of their cash forecast – making it the only solution that connects a user's banks, bookkeeping, and business.

 


You are the Champions: Thanks for an Award-Worthy Year

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As 2012 comes to an end, I am pleased to be
surrounded not just by wonderful family, friends and co-workers, but by a bevvy
of glistening awards. I mention these awards not to brag, but to give thanks to
you, our customers, for making them possible.

2012 was an amazing year for Bill.com. We’ve
grown our customer base rapidly, added major new solutions for the banking
industry as well as our existing finance and accounting customers, enhanced our
platform, and ignited a new developer community. And along the way we have
picked up awards for everything from our innovation to our customer service.

Please know that we are thankful every day
for all of the insight, feedback and straight-out advice that you, our
customers, give us about our business and our solution. You push us to do more,
to dream big. You share in this list of awards. Enjoy—and here’s to going for
gold together again in 2013!

René Lacerte, CEO and Founder

Reneinside_awards 

Corporate Awards

  • AlwaysOn OnDemand Top 100 Winner
  • Best in Biz Awards
  • JMP Hot 100 Software Companies

Product Innovation Awards

  • Barlow Research Client Conference
    Innovation Showcase Award “Best in Show” 2012
  • Business Intelligence Group’s
    2012 Product of the Year
  • K2 Enterprise 2012 Quality Award
    for Ease of Use
  • CPA Practice Advisor Tax &
    Accounting Technology Innovation Award 2012
  • Accounting Today’s Top New
    Products Award
  • The Sleeter Group Awesome Add-on
    2012

Customer Service

  • American Business “Stevie” Awards
    Finalist

 


Stare Into My Crystal Ball: My Predictions for 2013

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PredictionsAs an
entrepreneur, one of the best parts of your job is coming up with great new
ideas. And, working in the technology industry, some of the most fun comes each
December when you are inevitably asked to speculate on what great new strides
our industry will make in the coming year. While I don’t own a crystal ball, I
do have a lot of years in Silicon Valley under my belt. So I feel confident
that at least some of my predictions will come true this year. 

Without
further ado, I give you my top ten predictions for 2013:

  1. Social media will weave itself into the everyday
    lives of people, especially businesses, in a more pervasive way than ever
    before.  I know this may seem obvious,
    but it is worth saying: social is going to become more ingrained this year than
    you ever thought possible.
  2. Businesses will have to find ways to be more
    efficient with less, especially given the slow economic growth and the expected
    minor inflation in Q4 of 2013. This means more cloud services, which are known
    for reducing costs, will be utilized and developed.
  3. Mobile will firmly insert itself into the
    everyday life of businesses.  Businesses will expect more  apps on their phones that take care of business.
  4. Desktop accounting software will continue its
    decline. In fact, the decline will speed up as the benefits of cloud
    (social and mobile in particular) become expected.
  5. The iPad mini will accelerate the ebook
    revolution.  Because of this, many more magazines will stop their paper
    versions, especially vertical publications.
  6. Investing in social will drop dramatically
    because social simply cannot be monetized as a standalone product. Instead,
    companies with real business models will pick up the social and mobile mantle.
     
  7. Our society will become more and more paperless, and
    the products that make this happen will grow faster than other businesses.
  8. There will be more collaboration across
    companies.   Faced with economic constraints, companies will learn to use
    the cloud to easily leverage each other’s innovation and intellectual property  The result will be better businesses and
    better solutions.  Companies will come together to solve big business problems.
    And hopefully this spirit of collaboration will even carry to D.C.
  9. ePayments will become standard business practice,
    not just because of the paperless benefits mentioned above but because
    ePayments help people work smarter and faster.
  10. 2013 will be the year of the business payment network.
    Credit cards will be a thing of the past as a new generation of ePayment-fueled
    business payment networks emerge. I will share more with you on this prediction
    shortly so watch this space.

So, there you have my list. If only half of these
predictions come true, we will see major advancements in 2013. I’m looking
forward to another exciting year and Bill.com is committed to helping drive the
innovation needed to make the promise of the cloud a business reality for financial
professionals everywhere.

René Lacerte, CEO and Founder, Bill.com



Advancing in the game of payables and receivables

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Play by your own rules – customize approval policies

Check

You pay a lot of bills. Before paying the big
ones, you want someone to approve them. For the really big ones, you want
several someones to approve (maybe even some particular someones). You aren't
just anyone: you call the shots, you make the rules. Wanna know more? To customize your approval
policies (beta), contact us.

Jump
nimbly – fix ePayment failures
 

Typos. New bank accounts. Forgetfulness. They
happen. But if they result in your missing a payment to a vendor, you want to
jump on it. Fast. If you miss making a payment due to an
erroneous vendor bank account number or routing number, we flag it in your To
Do list, ASAP. We email your vendor and tell them exactly what happened. We
email you and explain exactly what to do. Jump nimbly.

Run
secure'r – choose additional security 
 

LockWe've always got you covered. Now we've added
armor plating. When something catches our attention, we send a security code to
your phone. Then we prompt you to enter the code in your Bill.com account, so
we know everything is OK. The only person who should view and use your
sensitive information is you. Learn more. To set up this additional
security, contact us.


Sync AND swim – connect with Xero

XeroDo your accounting in the cloud with Xero? Syncing brings over
everything from Xero that you need for your payables and receivables: vendors,
customers, products, and details. Syncing also sends your Bill.com payables and
receivables transactions back to Xero, efficiently keeping your accounting
up-to-date. We work together, swimmingly.
 Interested? Currently
sync with another accounting system, but want to move to Xero? Contact us.

Divide
and conquer – keep ePayments separate

Schedule a lot of ePayments to the same vendor?
If you schedule them for the same day, we’ve always combined the payments and
made one electronic transfer to your vendor.
But sometimes you want to send
separate ePayments. Maybe you (and your vendor) like the simplicity of
reconciling specific bills with specific ePayments. Whatever the reason, we now
give you a choice: make specific payments on separate electronic transfers, or
combine payments onto one ePayment. When it comes to dividing, you do the
deciding. Learn more.

Product
Team Chat - 

We're trying something new! To reach as many of
our amazing customers as possible, we've decided to host an open chat session
with our product team (instead of our usual webinar). Get to know us and
Bill.com better. Sign up now!


Digital CPA postponed to December

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Customers, Friends and Family,

AICPA has cancelled the Digital CPA conference scheduled for 10/28-30 due to weather on the east coast. The conference will be rescheduled for December 5-7 and we will keep you updated.


Bill.com Featured in USA Today

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Excerpt from Small businesses tap into cloud for efficiency – by Roger Yu, USA TODAY

"…..With
a niche focus, developers can also breed innovations that weren't
possible with software that came in boxes, such as integrating the
functions of other software by using open developer tools, says Rene
Lacerte, CEO of Bill.com, which specializes in billing.

On
Bill.com, users can tap into banks' online banking tools and other
broader accounting suites, such as Intacct and Quicken. "In the last 10
years, the cloud changed the paradigm about how software is built,"
Lacerte says.

Read the full article in USA Today. Click here.


Bill.com Adds Open APIs to Banking Platform

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Banks Can Now
Seamlessly Integrate Bill.com’s Cash Flow-Centric Banking Solution with Their SMB Offerings

Boca Raton, Fla., 17th ANNUAL SMALL BUSINESS BANKING
CONFERENCE— Nov. 7, 2012 —
Bill.com, the leader in integrated bill payment, invoicing, and cash
management solutions for businesses, today introduced the
next major milestone in its banking platform. Bill.com has added broad
integration capabilities to its cash flow-centric banking platform for banks
and their small and mid-size business (SMBs) customers. Bill.com enables banks to develop additional
revenue streams and increase customer acquisition and retention by offering
business customers a powerful accounts payable and accounts receivable service. More than 100,000 companies are now getting paid and paying millions of
bills, worth billions of dollars, using Bill.com.  Bill.com is the only solution that empowers
businesses to have full command and control over their cash flow at any time,
from any location or device.

Current business
banking solutions are limited to transactional payment processes. This leaves
businesses of all sizes with the need to use disconnected bill payment and
accounting solutions to gain control of their finances. The result is a
cumbersome process plagued by inefficiencies, security risks, and errors. In contrast, Bill.com is the only solution that puts banks at the
core of their customers’ business. 
Bill.com allows banks to integrate the Bill.com solution with their own
platform, creating their own branded offering. Bill.com empowers banks to own
the entire cash flow management process—from payables and receivables, to cash
flow visualization. Bill.com makes banks the focal point for all of their
customers’ transactions, letting banks monetize the full cash management
process while solving a significant pain point for SMBs by finally automating
and connecting all of their financial processes. 

“Just as CheckFree helped banks revolutionize the consumer payments
industry, Bill.com is now enabling banks to do the same for their business customers’
cash flow management and payments processes,” said Mark Johnson, former Vice
Chairman of CheckFree Corporation and current Bill.com board member. “Bill.com understands the problem banks have faced trying
to cobble together a business solution from their consumer offerings. Bill.com
has fixed the problem via an integrated, efficient platform that helps banks
win customer loyalty and brings them the ability to earn additional revenue.”

The
Bill.com Banking Platform is based on six key components,
all of which offer new and unique features. With this newest release of the
Banking Platform, Bill.com has enabled API
access to each of the components of the platform.  These APIs enable banks
to seamlessly integrate with their banks’ SMB offerings, giving SMBs a
seamless, cash-flow centric approach to running their businesses.

Screen Shot 2012-11-07 at 12.04.50 PM

These components
are:

  • Authentication:  Bill.com offers single sign-on and
    multi-factor authentication (MFA), meaning customers can gain access to their cash flow management control
    center anytime they log into online banking.  Using their bank’s
    authentication, their critical financial information is easy to access and
    secure.  The MFA framework enables the
    highest levels of security to enable business processes and secure payments.
  • Entitlements: Entitlements govern the information
    employees and accountants have access to and the functions they can perform,
    such as approving bills and making payments. Bill.com alone provides
    out-of-the-box roles and permissions, while also enabling customers to create
    their own to suit their unique controls. It takes just a few clicks for payees
    and customers to be set up.
  • Business Objects: Through the Bill.com
    platform, banks can offer their clients robust payables, receivables, cash flow
    management, document management, and workflow applications. Now they can also integrate
    Bill.com objects into their business banking services, using the company’s next
    generation API, based on JSON. The API gives banks an unprecedented ability  to customize business objects, incorporate them into their own user interface,
    and easily change them as the bank platform grows and changes. Bill.com’s
    extensive business objects enable banks to tailor and support their cash-flow
    centric platform like never before.
  • Business Systems Integration: Bill.com integrates with all popular
    accounting packages so all your customer’s data is accurate and synchronized,
    and all of their existing financial processes and reports carry on as usual.
    Through advanced two-way synchronization, Bill.com eliminates the
    time-consuming and error-prone tasks of keeping all these various systems in
    sync. This sync process is superior to other solutions, which simply import and
    export data. As the Banking Platform expands, Bill.com will also be adding
    integration with a variety of other business systems in order to enhance
    companies’ overall cash flow control.
  •  Payment
    Processing:
    Through Bill.com, banks can provide their clients a convenient
    and secure means through which they can send, receive, and reconcile payments
    across multiple payment channels, including ACH, checks, wire transfer, and
    credit card payments.  The Bill.com Bank
    Platform integrates with banks’ existing payment systems, to further leverage
    these investments.
  • Payment Network: Bill.com offers a secure business
    network designed specifically for the needs of SMBs.  Through Bill.com’s cloud-based portals and
    payee directory, business can securely interact and transact with their
    customers and vendors.  They can exchange
    business documents, notes, eBills, eInvoices, and remittance information
    electronically to enable greater efficiency and convenience in traditionally
    cumbersome, paper-based processes.  The
    Bill.com network makes it easier for bank clients to connect and transact with
    their partners, vendors and customers while allowing the bank to capture a new
    source for fee-based revenue.

“Bill.com has
already revolutionized how small and mid-sized businesses work and now we are
transforming how they bank,” said René Lacerte, founder and CEO, Bill.com. “We built the Bill.com Banking
Platform based on direct feedback from banks, who told us that their current
systems just couldn’t meet their business customers’ needs. We are glad to be
helping banks turn the old banking paradigm on its ear, by making banking solutions
cash flow centric. The result will be banking solutions that work the way
businesses do.”

About Bill.com’s Banking Solution

The Bill.com cash flow command and control
system is the only solution that makes banks the core of their customers’
business. By allowing banks to integrate the Bill.com solution with their own
platform, Bill.com empowers banks to own the entire cash flow management
process—from payables to receivables to cash flow visualization. Bill.com makes
banks the focal point of all their customers’ transactions, letting banks
monetize the full cash management process while solving a significant pain
point for SMBs by finally automating and connecting all of their financial
processes. The award-winning Bill.com platform is being embraced by banks
because it creates significant new revenue streams while enhancing customer
loyalty and satisfaction. For more information, please visit http://www.bill.com/for-banks.

 


Bill.com Wins Gold in Best in Biz Awards 2012

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Company Named Top Winner in the ‘Support Department of the Year’ Category

Biba-logo

 

 

 

PALO ALTO, Calif. — Nov 15, 2012 – Bill.com, the leader in integrated bill payment, invoicing and cash management solutions for businesses, has been named a gold winner in the Support Department of the Year category of the Best in Biz Awards, the only independent business awards program judged by members of the press and industry analysts.

Bill.com delivers a complete web-based financial solution for businesses and accountants that provides the tools, information, and collaboration required to better manage their financial tasks and optimize cash flow. Bill.com’s innovative technology digitizes a historically paper-based and time-consuming process, allowing users to access online bill payments, e-invoicing, document management, and automated workflow through one easy system. In addition to seamlessly integrating with businesses’ existing accounting software programs, Bill.com provides financial leaders with a comprehensive view of their cash forecast – making it the only solution that connects a user’s banks, bookkeeping, and business. Bill.com empowers finance leaders to get paid 2 to 3 times faster and save over 50% of the time spent paying bills – all with unprecedented control, precision, and security.

More than 400 entries were received in this year’s awards program, from a wide array of public and private companies of all sizes and from a variety of industries and regions in the U.S. and Canada. Best in Biz Awards 2012 honors were presented in more than 50 categories, including Company of the Year, Most Innovative Company of the Year, Executive of the Year and Best New Product of the Year.

“We are pleased to be named a gold winner in the Best in Biz Awards, especially in the category of ‘Support Department of the Year’ since customer satisfaction is one of the most important asset any business can have,” said René Lacerte, founder and CEO, Bill.com. “We constantly strive to deliver superb service to our customers, and are pleased to see that our hard work is paying off for our customers.”

Winners of Best in Biz Awards 2012 were determined by an independent panel of 32 judges from top-tier news, business and technology publications, as well as broadcast outlets and analyst firms, such as ABC, Businessweek, Computerworld, ECT News Network, Entrepreneur, eWeek, Examiner, Financial Times, Forbes, FOX News, Hartford Business Journal, IDG Ventures, IEEE Institute, Inc., Insight Media, King Features Syndicate, Lab Reviews, Network World, The News and Observer, PC Magazine, ReadWriteWeb, South Florida Business Journal, Tech-Gaming, Techtalk, Upstart Business Journal, USA Today and ZDNet.

For a full list of gold, silver and bronze winners in Best in Biz Awards 2012, visit: http://www.bestinbizawards.com/2012-winners.

About Best in Biz Awards

Best in Biz Awards recognizes top companies, teams, executives and products for their business success as judged by independent panels of members of the press and industry analysts. Best in Biz Awards honors are conferred in three separate programs during the calendar year: U.S. and Canada, EMEA, and International. Any organization from any industry boasting demonstrated success in the awards program’s region can enter any of the more than 50 company, department or team, executive and product categories. Entries for Best in Biz Awards 2013 EMEA are being accepted from all companies based in or operating in Europe, Middle East and Africa until January 17, 2013. For more information about the entry process and categories in all three programs, please visit: http://www.bestinbizawards.com.


Bill.com November Product Release

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Receive thanks from any key vendor – mail separate checks

Schedule a lot of payments by check
to the same vendor? If you schedule them for the same day, we’ve always
combined the payments and mailed one check to your vendor.

But sometimes you want to mail
separate checks. Maybe you need a separate check for a tax payment. Or you (and
your vendor) like the simplicity of reconciling specific bills with specific
checks. Whatever the reason, we now give you a choice: make specific payments
on separate checks, or combine payments onto one check.
1

What
about the email that went to the vendor for each payment?  If you scheduled a lot of payments for the
same day to the same vendor, they received a lot of email (even though they
received only one check). Now we’ll send one email for each check. So if you
mail separate checks, a vendor still receives separate email confirmations. If
you combine payments onto one check, a vendor gets one email.

Your
vendors will give you thanks.

Do our improved Approvals meet with your approval?

Approve bills. Easier. Faster. Simpler. Cleaner.2

  • Add approvers directly to a bill. Previously, you had
    to step through several pages. Now it’s easier.
  • Click Approve (instead of My Bills) on the Payables
    tab. We’ve renamed My Bills to Approve. With a more obviously intuitive name,
    you actually know where to click! Now it’s faster.
  • Fix denied bills from your To Do list. Customize
    specific user roles to resolve bills (and vendor credits) that have been
    denied. Previously, if an approver denied a bill you’d entered, the bill
    appeared on the Payables tab > My Bills. Now it’s simpler.
  • Assign one set of approvers to bills that are split.
    We’ve removed multiple sets of approvers for split bills. That allowed us to
    tidy things up. Now it’s cleaner.

We think you’ll approve.

See the last 5 payments to any vendor

Previously, you had to dig through
each bill to find a specific payment to a vendor. Now, see the last 5 payments
to any particular vendor with no digging whatsoever. So put your shovel away
until you need to clear snow from the driveway.3

 

Send your customers a message right from Bill.com

Have an urgent message for a
customer? What if they have a question for you? Exchange messages directly with
any customer, from your Bill.com account to the customer website where they
sign in to pay you. It’s quick. It’s easy. And best of all, you get a permanent
record of all your exchanges. Keep it all together in your Bill.com account.
4

Outside these customer
conversations, ever need to jot down something about a customer? Their favorite
product? Their birthday? Their purchasing habits? We’ve moved these notes front
and center. Actually, they’re front and a little off to the right. But they’re
right where you need them.

We’ve copied these note-able improvements to Payables, too, so
it’s easy to store notes about your vendors.

The Bill.com experience – well, that’s obvious

We strive to make your payables and
receivables as obvious as possible. 5Hopefully our most recent improvements make
the experience so obvious that we don’t even need to explain! But just in case
you forgot how it was in the old days (last week), here are a couple
highlights:

  • We’ve cleaned up the
    pop up (modal) dialogs, which hold things like your bills and invoices. We’ve
    made it clearer to get to them, and easier to get around inside them.
  • We’ve added some
    consistency to links and buttons: links take you to another page, buttons make
    something happen.

Why bother? Because when you know
what to expect, you get things done faster. That leaves more time for your
business, and more time for yourself.

Sync with Xero effort

Do your accounting in the cloud with Xero? Paying bills and
invoicing customers just got a lot easier for you, because we now sync with
Xero.

Syncing brings over everything from Xero that you need for your
payables and receivables: vendors, customers, products, and details. Syncing
also sends your Bill.com payables and receivables transcations back to Xero,
efficiently keeping your accounting up-to-date.

6

Keep using Xero for all your accounting, and Bill.com to pay
bills and invoice customers. We’ll keep everything in sync. In the cloud.


What I’m Thankful For This Year

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It’s been another great year for the Bill.com
family. We’ve gained new customeThanksgivingrs, made major technological strides, offered
new solutions, and entered new markets, like banking. And we’ve had fun doing
it—which is such an important but often forgotten part of work and, for that
matter, life.

I’m looking forward to spending a wonderful
Thanksgiving with my family and friends, for which I am incredibly grateful.
But, before the turkey coma sets in, I wanted to share a few other things that
I am grateful for this Thanksgiving day.

  • First, last, foremost and always,
    I am grateful for our customers. I just finished reading the comments from our
    annual Net Promoter Survey. I loved seeing all the comments about how we are
    making folks’ lives easier, simpler and more convenient. But I also loved
    seeing the great honest comments about what we can do better. I am so thankful
    that our customers take the time to tell us where we excel and where we need
    some work. It’s thanks to customers who care enough to give us feedback that we
    can keep moving the ball forward.
  • I am extremely fortunate to be
    surrounded and supported by an amazing team. 
    They are passionate, dedicated and committed to everything we do.   Every
    day folks go to work to make a difference and every day they do. You only have
    to read the Net Promoter survey to see that our employees help customers daily
    with product innovations and great support. Well done, team.
  • Finally I am glad that the
    election is over. Maybe this isn’t a politically correct thing to say, but it
    feels like our nation has been on hold in many respects for the last few
    months. Regardless of whether or not you like the outcome, we can finally stop
    listening to the commercials, pundits and hype, and get back to work solving
    the problems we have.

We have
much to be grateful for, including where we live and the time we live in.  Pausing to give thanks is always good to do.  As you each take time off, I thank you for
reading and hope you enjoy peace, family and laughter on this Thanksgiving day.



René Lacerte, Founder and CEO of Bill.com, in CPA Practice Advisor’s December Cover Story

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René Lacerte – Insights From a Fourth-Generation Entrepreneur.

CPA Advisor CEO_outside_3Executive Editor
Darren Root sits down with René Lacerte to talk about his background, how he has
grown two successful businesses and what he sees as the future of technology in the accounting profession.

Read the Cover Story here: http://go.bill.com/fIFdF


Bill.com sponsors webinar on why cloud is a game changer for CFOs

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Webinar Will
Illustrate How To Become a “Strategic CFO”

By Using The
Latest Technology To Deliver The Highest Strategic Value

PALO ALTO, CALIF.— Dec. 4, 2012 — Bill.com, the leader in integrated bill payment,
invoicing and cash management solutions for businesses, today announced that it
has teamed with leading cloud financial management company Intacct to explore how
the new generation of “Strategic CFOs” can free themselves of mundane tasks and
use cloud computing to deliver the highest strategic value to their businesses
in a free webinar. “How Cloud Computing Changes the Game for CFOs,” will be
held Thursday, December 6, at 11 a.m. PT. Registration is available now at http://online.intacct.com/20121206WebinarStrategicCFO_billcom.html.

Up-and-coming “Strategic CFOs” are using
game-changing advances to automate manual processes and deliver unprecedented
visibility into business performance – freeing their time and providing more
rich information than ever before to fulfill their new role as emerging
business leaders. This webinar features Marc Linden, CFO, Intacct, and joint
Bill.com/Intacct customer Stacey Lee, CFO, Earth Class Mail.  Sponsored by Bill.com, it will teach attendees
how to:

  • seize the opportunity to assume a larger role
    in their organization;
  • boost the productivity of their finance team;
  • speed up competitive response with instant
    visibility into critical data;
  • free their IT and capital resources to focus
    on their core business; and
  • scale and adapt to growing business needs
    easily and cost-effectively.

“Technology has
the power to transform the CFO role, finally freeing these critical corporate
thinkers from mundane tasks and giving them time to make meaningful business
decisions,” said René Lacerte, founder and CEO
of Bill.com. “We are pleased to team with our strategic partner Intacct on this
webinar, and look forward to sharing some great ideas and hearing first-hand
success stories from the vibrant CFO community.”

Bill.com delivers
a complete web-based financial solution for businesses and accountants that provides the tools, information,
and collaboration required to better manage their financial tasks and optimize
cash flow. Bill.com's game-changing technology digitizes a historically
paper-based and time-consuming process, allowing users to access online bill
payments, e-invoicing, document management, and automated workflow through one
easy system. In addition to seamlessly integrating with business' existing
accounting software programs, Bill.com provides financial leaders with a
comprehensive view of their cash forecast – making it the only solution that
connects a user's banks, bookkeeping, and business.  


Bill.com Now Available for over 4M Small Businesses Using Intuit QuickBooks

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Bill.com, the leader in integrated bill payment, invoicing, and cash management solutions for businesses, today announced that it is now offering its popular integration with QuickBooks Online to those using QuickBooks Pro, Premier, and Enterprise. Now even more QuickBooks users can seamlessly integrate Bill.com into their financial management systems and create tailored solutions for their distinct needs.

By integrating Bill.com directly into QuickBooks, small businesses can easily deploy Bill.com, taking advantage of the tools, information, and collaboration required to better manage their financial tasks and optimize cash flow. It requires just one click installation from the Bill.com page on the Intuit App Center for any compatible version of QuickBooks. Users can get started in seconds, they just click “Try It Now” and it brings all their bills to Bill.com, and starts paying them online. Also, Bill.com automatically syncs payables and receivables data.

“Bill.com has been a leading solution on our platform, receiving strong positive customer feedback, so we are excited it is now available to even more small businesses,” said Alex Chriss, director of the Intuit Partner Platform. “Allowing our millions of users to fully and easily personalize QuickBooks with Bill.com gives them not only a superior financial management solution but lets them spend more time growing their business and less time chasing down transactions.”

Bill.com delivers a complete web-based financial solution for businesses and accountants that provides the tools, information, and collaboration required to better manage their financial tasks and optimize cash flow. Bill.com's innovative technology digitizes a historically paper-based and time-consuming process, allowing users to access online bill payments, e-invoicing, document management, and automated workflow through one easy system. In addition to seamlessly integrating with businesses' existing accounting software programs, Bill.com provides financial leaders with a comprehensive view of their cash forecast – making it the only solution that connects a user's bank, bookkeeping, and business.  Bill.com empowers finance leaders to get paid 2 to 3 times faster and save over 50% of the time spent paying bills – all with unprecedented control, precision, and security. 

“Intuit and Bill.com share the common goal of bolstering small businesses’ productivity by easing their financial management burdens,” said René Lacerte, Bill.com founder and CEO. “As a long-time top performing app on the Intuit App Center, we are excited to make it even easier for small businesses to integrate our leading solutions together, letting business owners focus their minds on more important matters.”


Xero and Bill.com Enable Integration, Ease Transactions and Cash Management

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Both Companies Recognized with The Sleeter Group ‘Awesome Application’ Award Recognizing Integration, Ease-of-Use & Design

THE SLEETER ASC CONFERENCE, Anaheim, CA. (Oct. 22, 2012) – Xero, a global leader of online accounting software, and Bill.com, the leader in integrated bill payment, invoicing and cash management solutions for businesses, today announced the upcoming integration capability between their accounting solutions, making it even easier than ever for accounting professionals and their clients to conveniently and securely collaborate while gaining better control and insight into their financials.  Additionally, today both cloud-based solutions were recognized as “Awesome Applications” at the 2012 Accounting Solutions Conference (ASC) hosted by The Sleeter Group, a company dedicated to finding the best accounting technology solutions to help small businesses work smarter, faster and more efficiently.

“As the leader in global cloud accounting, Xero understands how important it is for SMBs and their accounting partners to stay on top of their accounts payable and receivable,” said Jamie Sutherland, President of U.S. Operations for Xero.  “Bill.com streamlines the process in such a simple (and paperless) way, so similar to Xero’s easy-to-use accounting solution.  Early on we saw this as a mutually beneficial opportunity.” 

Through the integration with Bill.com, Xero users will be able to:  

  • Go paperless. Clients receive bills online and never have to print, sign, and mail checks.
  • Get unlimited document storage for all bills and documents.
  • Automate the approval process.
  • Pay bills electronically with no duplicate data entry.
  • Manage their clients' invoicing process to help them get paid faster.
  • Access cleared check images and remittance information.
  • View accrued, actual and projected cash flows in real-time.

“We built Bill.com to ease financial professionals’ lives and increase their success,” said René Lacerte, founder and CEO of Bill.com. “Integrating with Xero’s excellent solution was a natural way to make SMBs and accountants’ financial management even more seamless and powerful.”

Xero's online accounting software provides small business owners real-time visibility into their financial position in a way that's simple, smart and secure.  Xero also helps accounting professionals serve their clients by enabling unparalleled online collaboration with clients, colleagues and prospects — and the ongoing insight helps them provide better counsel to customers.

Bill.com delivers a complete cloud-based financial solution for businesses and accountants that provides the tools, information and collaboration required to better manage their financial tasks and optimize cash flow. Bill.com brings accountants the only client service solution that works with all major accounting software and every online bank. Bill.com eliminates paperwork and streamlines AP, AR and cash flow management for accountants and their clients, flexibly configuring to the way accountants work and tailors to each client’s needs. In addition, Bill.com’s cloud-based AP and AR systems, combined with Bill.com’s cash flow command and control system, offer the first full picture of a business’s complete cash flow system and empowers businesses and their accountants to get paid two to three times faster and save over 50% of the time spent paying bills – all with unprecedented control, precision, and security. 


Bill.com Survey Featured in CFO Magazine

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The Cloud | October 18, 2012 | CFO.com | US

Some CFOs Still Find Cloud Ominous

A new survey says most CFOs are aware of the cloud’s benefits, but still resist making the move. What’s up?

A survey of 350 CFOs conducted last summer by software-as-a-service (SaaS) cash-flow operations firm Bill.com found that when CFOs automate their accounts-payable process in the cloud, the AP department cuts its work time by more than half, and slashes the cost per invoice by up to 70%.

Click here to read the full article. 

 


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