Press Room

May 2, 2011

Bill.com Rolls Out Official Integration with Sage Peachtree Software

Bill.com customers using Peachtree gain web-based data access; two-way synchronization between solutions eliminates tedious data entry and saves Peachtree customers time and money

PALO ALTO, CALIF. — May 2, 2011 — Bill.com, the leader in paperless bill management and payment for small and medium-sized businesses (SMBs) and CPA firms, today announced the official roll out of Sage Peachtree Sync, providing seamless Bill.com integration with Sage Peachtree software following a successful customer beta.

Bill.com's Sage Peachtree one-click, two-way synchronization liberates accountants and SMBs from redundant data entry and provides a simple, powerful and cost-effective solution for managing the entire bill payment and management process, anytime and anywhere through any mobile device or Web browser.

"With Bill.com we've gained so much time on tedious front- and back-office financial tasks, from redundant data entry to maintaining separate data files on behalf of multiple clients," said Heather Richter, a senior accountant at Wegner LLP and a Bill.com Sage Peachtree beta tester. "We’ve been able to refocus our energy on our business and clients, and we’d strongly recommend Bill.com to any accounting firm using Peachtree and seeking a more efficient way to handle bill payment and management on behalf of their customers."

With Sage Peachtree Sync for Bill.com, Sage Peachtree users get:

• Anytime, anywhere online access to financial documents, vendor bills, payment processing and more both from the office or in a mobile environment
• Paperless multi-user accounts payable (AP) workflow utilizing digital images of invoices and other financial documents for both financial and non-financial users
• One-click, flexible payment methods including check, Bill.com ePayment (ACH), and instant payments via PayPal that eliminate the need to print, sign, and mail checks or enter payments in separate banking systems
• Enhanced check management, including advanced fraud protection previously only available to large enterprise organizations
• End-to-end visibility of AP processes, including easy access to an audit trail of every transaction
• Unlimited digital storage for bills and financial documents
• No duplicate data entry between Bill.com and Sage Peachtree’s desktop software; automatic data syncing ensures consistency and quality across financial processes and reporting

"The Bill.com integration with Sage Peachtree fits our strategic goal of offering our customers SaaS services that make managing their business easier," said Connie Certusi, general manager, Sage Peachtree. "We are very excited about the combination of this great tool and our accounting software. It will change the way Sage Peachtree customers interact with their employees, customers and vendors."  

"Business bill payment is a process, and Bill.com delivers a level of efficiency, accessibility and control that extends well beyond what is available in today’s top accounting software packages," said Rene Lacerte, CEO, Bill.com. "The new Bill.com Sage Peachtree Sync enables millions of Sage Peachtree users to streamline their accounts payable processes by gaining easy access to all their financial documents, automating workflow and approvals, and making payments possible with the click of a mouse. This is all accessible from any Internet connection or mobile device. As a result, Sage Peachtree users will save time and money and gain better control of their day-to-day finances and cash flow."

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).

Pricing and Availability

The Bill.com Peachtree Sync is available immediately. The feature is included with any Bill.com account with pricing starting at $19.99/Month. To learn more, new and existing customers should visit http://www.bill.com/peachtree/.

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About Bill.com
Bill.com is an on-demand accounts payable and accounts receivable 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 Bill.com's Zen (Zero Entry) service winning Accounting Today's Best New AP/AR Product for 2011, 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 . Bill.com was recently named to the Red Herring Global 100.

Media Contact:
Allison Yochim
Ruder Finn
+1 415 348-2724
yochima@ruderfinn.com