Press Room
- 05/15/2012 - Bill.com Integrates with NetSuite to Deliver Seamless Cloud-Based Financial Management
- 05/07/2012 - Bill.com Wins Barlow Research Client Conference Innovation Showcase Award
- 04/23/2012 - Mercantile Bank of Michigan Becomes First Financial Institution to Partner with Bill.com
- 03/21/2012 - Bill.com Selected by AlwaysOn as an OnDemand Top 100 Winner
- 03/12/2012 - Bill.com Launches New Customer Service Offerings
- 02/29/2012 - Bill.com Launches CashView Command and Control System
- 02/27/2012 - Bill.com Wins Accounting Today's 2012 Top New Products Award
- 01/23/2012 - Bill.com to Host Webinar: 5 Steps to Grow Your Business 5x
- 01/18/2012 - Bill.com's 2012 Resolution: Help Banks Bring their Business Customers into the 21st Century
- 12/08/2011 - Bill.com Raises $15.5 Million in Series D Financing Round Led by Financial Partners Fund
- 11/09/2011 - Bill.com Wins Silver in Best in Biz Awards 2011
- 11/03/2011 - Bill.com Receives "Awesome Add-On" Award
- 10/24/2011 - Bill.com Bolsters Customer Experience and Brings Online Invoicing and Payments 360-Degrees with Significant Product Enhancements
- 9/28/2011 - Bill.com Hires Top Business Development and Marketing Talent
- 8/23/2011 - Bill.com Launches Printed Invoice Mailing Service, Expands Breadth of Online Receivables Offering
- 6/22/2011 - Bill.com Continues Momentum Earning Top Honors and Recognition by Three Major Industry Award Programs
- 5/25/2011 - Bill.com Expands Mobile Offering
- 5/19/2011 - Bill.com is a Finalist for the 2011 Red Herring Top 100 North America Award
- 5/16/2011 - Bill.com Adds Powerful New Document Management and Accounts Receivable Features to Award-Winning Solution
- 5/2/2011 - Bill.com Rolls Out Official Integration with Sage Peachtree Software
- 3/29/2011 - Bill.com Mobile Officially Launches
- 3/28/2011 - Bill.com Continues Momentum with AlwaysOn OnDemand Top 100 and Finovate Distinctions
- 3/1/2011 - Bill.com Receivables Officially Launched
- 2/23/2011 - Bill.com Wins Accounting Today Top New AP/AR Product of 2011
- 2/14/2011 - Bill.com Launches Program to Support Franchise Operators at 51st IFA Annual Convention
- 1/31/2011 - Bill.com Helps Serpent Speed Racing Chase its Dreams
- 1/11/2011 - Get Paid With Bill.com Receivables, Now in Beta
- 11/8/2010 - Bill.com Wins Best of SaaS Showplace Award
- 11/1/2010 - Bill.com Integration Enables Sage Peachtree Software Users to Access and Manage Their Payables Anytime and Anywhere
- 10/26/2010 - Bill.com Uses PayPal Business Payments and Transforms the Way Businesses Pay and Get Paid with PayPal X
- 9/8/2010 - Bill.com Offers Zen to Relieve Businesses and Accountants of Tedious Data Entry
- 7/20/2010 - Bill.com Adds TTV as an Investor and Appoints Mark Johnson, Former Vice Chairman of CheckFree, to its Board of Directors as it Continues Solid Financial and Customer Growth
- 6/16/2010 - Bill.com Raises $8.5M in Series C Financing
- 5/17/2010 - Bill.com Now Available in the Google Apps Marketplace
- 4/13/2010 - Bill.com Celebrates Earth Day By Joining PayItGreen™ Campaign
- 3/31/2010 - Bill.com Wins a 2010 Monarch Innovation Award from Barlow Research Associates
- 3/22/2010 - Bill.com Selected to Showcase Latest Bill Management and Payment Technology at FinovateSpring 2010 Conference
- 3/4/2010 - Bill.com Promotes Mark Orttung to Chief Operating Officer and Dan Lind to Vice President of Operations and Support; Appoints Christy Ross Vice President of Business Development
- 2/9/2010 - Bill.com Sees Record Growth in 2009, As SMBs and Accounting Firms Seek to Lower Costs and Improve Productivity with Better Financial Management Tools
- 1/21/2010 - Bill.com Named Winner of the Prestigious Red Herring Global 100 Award
- 1/4/2010 - Bill.com Named Finalist for the Red Herring Global 100 Award
- 11/17/2009 - Bill.com Selected by Best-Selling Author and Internet Expert as Exclusive Provider of Bill Management Solutions for New Small Business Cost-Savings Website
- 10/5/2009 - Bill.com CEO Recognized as Industry Leader
- 9/9/2009 - Shoeboxed and Bill.com Partner to Provide Paperless Solutions to Small Businesses
- 8/4/2009 - Bill.com Secures $8.5 Million in Venture Financing
October 26, 2010
Bill.com Uses PayPal Business Payments and Transforms the Way Businesses Pay and Get Paid with PayPal X
New features offer payments on Bill.com via PayPal X without high merchant fees for SMBs, validates new era of day-to-day financial management for businesses
Innovate 2010, SAN FRANCISCO — Oct. 26, 2010 — Bill.com, the leader in paperless bill management and payment for small and medium-sized businesses (SMBs) and CPA firms, today is announcing participation in the PayPal Business Payments pilot and availability of Bill.com in the PayPal Apps beta.
Available immediately, Bill.com has incorporated APIs from the PayPal X platform to enable SMBs to fund vendor payments using their PayPal accounts, including the ability to send payments quickly from one PayPal account to another. Bill.com is participating in a pilot program with PayPal, utilizing PayPal's Business Payments product announced at Innovate 2010 to enable a fast, convenient, and secure method for sending and receiving certain kinds of payments for a flat $0.50 payment fee. By enabling our customers to use their PayPal accounts to make payments, businesses will spend less time managing paper and payment transactions and more time focusing on their businesses and customers.
Bill.com enables businesses to manage the entire business bill paying process from receipt through payment, providing the document management, workflow, payment processing, and accounting integration needed to allow SMBs to efficiently manage their day-to-day financial activities online.
Bill.com is among a select group of companies in the beta launch of PayPal Apps, announced today at Innovate 2010. PayPal Apps allows developers to embed applications directly on the PayPal website and offer SaaS (Software as a Service) apps which enhance PayPal's services. Through this effort, PayPal business users will be able to sign up for Bill.com and access numerous Bill.com document management, collaboration and approval features directly from their PayPal account. These new features will be available to a broader audience early next year.
"Bringing PayPal into Bill.com gives our customers instant and low-cost access to a vast network of vendors, and provides yet another way to seamlessly manage day-to-day financial processes through Bill.com," said René Lacerte, CEO/Founder of Bill.com. "Furthermore, being an early adopter of PayPal Business Payments and part of the PayPal Apps beta validates the industry leading service Bill.com provides and opens the door for even better day-to-day financial management for SMBs and CPAs."
"Bill.com shows how PayPal X is helping to make applications available to consumers that will simplify how they pay and get paid," said Damon Hougland, senior director of PayPal X. "The PayPal X platform and related services makes it easy for Bill.com to bring its financial technology to the market and leverage our vast network and payment processing capabilities."
Additional details on Bill.com will be on display at the PayPal Innovate 2010 conference at Booth S24. Bill.com is offered to the accounting profession exclusively though the Bill.com Accountant Program from CPA2Biz, a subsidiary of the American Institute of Certified Public Accountants (AICPA).
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 service. Digital images of invoices are then routed electronically for approval, ensuring a complete audit trail and eliminating lost or mishandled paper. 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, a 4-star rating from PC Magazine, a 2010 Barlow Monarch Innovation Award for innovation in financial services, and was recently named to the Red Herring Global 100.
Media Contacts:
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Ruder Finn
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Matt McLernon
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