Bill.com Selected by Best-Selling Author and Internet Expert
Bruce Judson, "The Cost Savings Guy," Recognizes that Small Businesses Can Save 50% of the Time and Cost of Managing and Paying Bills by Switching to Bill.com
PALO ALTO, CA – Bill.com, the leader in online bill management and payment for small and midsized businesses, today announced it has been selected by best-selling author and Internet entrepreneur Bruce Judson as the exclusive provider of bill management services for "The Cost Savings Guy," a new Internet service for small businesses.
The Cost Savings Guy (http://www.TheCostSavingsGuy.com) uses an innovative calculating engine, CalcuSave!, to let users instantly estimate the savings they can realize by switching to high-quality services recommended at The Cost Savings Guy web site. Bill.com was selected for its ability to save small businesses over 50% of the time and cost of managing and paying bills. Small businesses using Bill.com save by spending less time handling and filing paper bills, faster and more efficient approvals, integrated ability to pay any vendor (including large and small business and individuals) by check or ePayment, and elimination of duplicate data entry between their banking system and accounting package.
The Cost Savings Guy includes recommendations for a wide range of cost-saving services for small businesses.
"We rigorously assessed all of the services included in The Cost Savings Guy for quality, reliability, cost-saving potential and customer service," said Judson, president of The Cost Savings Guy. "There's no question Bill.com's innovative solution stands out in every area."
"We launched Bill.com to eliminate the time and money businesses waste in approving, processing and paying bills, " said René Lacerte, CEO and founder of Bill.com. "We are delighted at this recognition of our high quality as well as the business opportunity this represents for us."
About Bruce Judson
Bruce Judson is one of the nation's leading experts on Web-based services and business success; a bestselling business book author; and a Senior Faculty Fellow at the Yale School of Management. Judson is widely recognized as one of the earliest proponents of using Web-based services to build low-cost enterprises, which is the subject of his 2004 book "Go It Alone!" (HarperBusiness).
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. 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.