Press Room

January 26, 2009

Bill.com CEO René Lacerte Named to List of Accounting Industry People to Watch in 2009

Bill.com's SaaS Accounts Payable Application Also Makes Accounting Today's "Top 100 Products: Ones to Watch" List

Palo Alto, CA – January 26, 2009 –Bill.com, Inc., the leading provider of on-demand accounts payable applications, today announced that its product and CEO have been honored by SourceMedia, publishers of the popular Accounting Technology, Accounting Today and Practical Accountant magazines. 

A supplement mailed with the December 2008 issue of each publication recognizes Bill.com CEO and founder René Lacerte as an accounting industry person to watch for 2009.  An annual list, 'People to Watch' highlights executives whose decisions are important to their companies as well as others practicing in the tax and accounting markets.  René was one of only nine executives to the make the list for 2009. 

In selecting René, who comes from a long line of accounting and tax software pioneers, the supplement's editors acknowledged the "entrepreneurial blood coursing through his veins," and René's success in founding PayCycle, the leading online payroll service.   

Also in December, Accounting Today included Bill.com's market-leading SaaS accounts payable application in its 'Top 100 Products: Ones to Watch' story.  According to the article's editor, Daniel Hood, "There's been a great deal of excitement around Bill.com, an online accounts payable solution that streamlines the whole AP process and integrates with the top accounting packages."

For more information about SourceMedia and its accounting industry publications, visit www.webcpa.com.

About Bill.com

Bill.com is an on-demand accounts payable application for CPAs and small and midsized businesses. Bill.com users can receive, route and pay invoices electronically – they never have to touch a paper bill again – resulting in time and cost savings to finance personnel of over 50% versus manual accounts payable and check writing processes. Invoices are emailed, scanned or faxed into the Bill.com solution. Digital images of invoices are then routed electronically for approval, ensuring a complete audit trail and eliminating lost or mishandled paper. Users can access digitized supporting documents such as current and past bill images, cleared check images and contracts, at every step in the process, from anywhere, at any time, over the Internet. Bill.com handles check printing and mailing, and uses enterprise-class fraud protections that are impractical for small and midsized businesses to implement on their own. Bill.com integrates with popular desktop and on-demand accounting packages, ensuring consistency of financial data and streamlined financial planning, reporting and audit activities. For more information, visit www.Bill.com or watch the Bill.com Video.

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