Press Room

June 2, 2009

Sleeter Group and CPA2Biz Form Alliance to Offer Paperless Bill Management Solution from Bill.com

600-plus Accounting Firms and Consultants in the Sleeter Group Network Stand to Benefit

New York, NY— June 2, 2009 — CPA2Biz, Inc., a subsidiary of the American Institute of Certified Public Accountants (AICPA) and the exclusive provider of Bill.com to the accounting profession, today announced an alliance with The Sleeter Group, a small business and accounting software consultancy, that will allow the many accountants and consultants in the Sleeter Group Consultants Network to resell and implement Bill.com's award-winning accounts payable application with their clients.  

"This agreement is a great opportunity for Sleeter Group consultants to lead the next big wave in online accounting:  web-based financial management," said Doug Sleeter, President and CEO, The Sleeter Group.  "Small businesses are quickly realizing the many advantages of going online with their day-to-day financial tasks, including bill management and payment.  Accountants can, and should, play a significant role with tools that enable simple paperless collaboration with their clients and also support sophisticated business processes. Bill.com has established itself as the leader in online accounts payable, and we are excited to offer their service through our network."

Online bill management and payment with Bill.com is easy, efficient, and supportive of the sophisticated controls required by small businesses and accounting firms.  Accountants and clients collaborate within a user-friendly web interface to review and approve invoices, manage cash flow and payment schedules, digitize and retrieve financial documents, and seamlessly handle online payment.  And Bill.com's integration with QuickBooks and Intacct ensures that accounts, vendor information, payments, and balances are always synchronized without requiring any duplicate data entry or otherwise impacting financial reporting.

"Partnering with The Sleeter Group supports our goal of providing accounting firms with powerful financial management technology solutions to strengthen their relationships with their business clients," said Erik Asgeirsson, President and CEO of CPA2Biz.  "Members of the Sleeter Group Consultants Network are well-known for providing high-quality, professional services to their clients.  Just as online bill payment has taken off in the consumer world, Bill.com transforms accounts payable for small business, providing a solution that enables workflow, scale, and support for sophisticated accounting practices. By engaging with The Sleeter Group we expect to accelerate the adoption process in a significant way."

Doug Sleeter, founder and president of The Sleeter Group, has earned a reputation of being one of the nation's leading small business accounting software experts. He has been named one of the Top 100 Most Influential People in Accounting by Accounting Today magazine. CPA2Biz, The Sleeter Group, and Bill.com's combined reach and technology best practices will enable thousands of accounting firms and their clients to go paperless, better manage day-to-day finances, and increase profitability.

About The Sleeter Group and the Sleeter Group Consultants Network

The Sleeter Group Consultants Network is a nationwide community of experts who provide QuickBooks consulting services to small business owners.  Since 1993, The Sleeter Group and its members have trained more than 30,000 business and accounting professionals through seminars and conferences.  The company also publishes QuickBooks reference materials and textbooks used by more than 100 colleges in the United States. More information is available at www.sleeter.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 as well as electronic payments, 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.  Bill.com has received numerous awards including a 2009 Innovation Award from CPA Technology Advisor, and a 4-star rating from PC Magazine.

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Media Contact:
Kevin Wolf
Bill.com
(650) 327-1641
kevin@toolguypr.com