PALO ALTO, CALIF. - Bill.com, the leader in integrated bill payment, online invoicing and cash management solutions for businesses, today announced that Accounting Today selected Bill.com Receivables for its Top New Products of 2012. Bill.com Receivables won in the AP/AR category, awarding the products that best serve the accounts payable and receivable needs of tax and accounting professionals.
"It is an honor to have Bill.com Receivables recognized by Accounting Today in their Top New Products for 2012. This marks wins for a second year in a row for Bill.com," said René Lacerte, CEO of Bill.com. "The addition of Receivables improves our overall Bill.com platform, making the lives of tax and accounting professionals even easier and more efficient than before. By receiving their payments online and automating the end-to-end AR process, these professionals no longer need to fear lost checks in the mail, tracking down invoices, or follow-up hassles."
Bill.com Receivables allows subscribers to effortlessly customize invoices, send automatic reminders, receive e-payments, and collaborate with both Bill.com and non-Bill.com customers. In addition, the platform fully synchronizes invoices and customer information with accounting software programs. Branded "payment portals" make it easy for subscribers' customers to make ACH, credit card, and PayPal payments, as well as retrieve invoice history and collaborate directly with their vendors. Available as a packaged bundle with Bill.com Payables for $49.00/Month or alone at $24.00/Month, Bill.com Receivables is offered to the accounting profession though the Bill.com Accountant Program from CPA2Biz, a subsidiary of the American Institute of Certified Public Accountants (AICPA).
The third annual Accounting Today Top New Products Awards features the best accounting services and tools from around the industry. Bill.com received an Accounting Today AP/AR category award win in 2011, as well as honorable mention for their ePayments in 2010. Bill.com's continued presence on Accounting Today's Top New Products list year-to-year visibly demonstrates the platform's progressive features and industry leading innovation.
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Bill.com is a cash flow command and control system that manages accounts payable and receivable for businesses of all sizes. Offering online bill pay, custom invoicing services, unlimited document storage, collaboration tools, and mobile access, Bill.com's services easily sync to users' accounting software programs and online bank accounts to better control company financials. Bill.com guards against errors and employs enterprise-class fraud protections that current methods cannot match. More than 100,000 users are now paying millions of bills worth billions of dollars using Bill.com.