PRESS DETAIL

PALO ALTO, Calif., November 1, 2018 -- Bill.com, the digital business payments leader, today announced that since the launch a year ago, users of Bill Pay for QuickBooks Online have grown by 400% signifying an increasing trend for businesses to adopt digital payments over paper checks.

Bill.com, one of the first partners to be integrated into QuickBooks Online, works closely with Intuit to grow the QuickBooks Online ecosystem. It has added new users to Bill Pay for QuickBooks Online at a brisk pace and developed features that will continue to simplify the lives of all businesses. New features include making it even easier to get started and accelerating payment timing through an improved verification process.

Bill.com will demonstrate product innovations, offer education sessions and provide a concierge-style support station in the Innovation Hall, Booth 3D, at Intuit’s premiere conference, QuickBooks Connect, Nov. 5-7, 2018, in San Jose, CA.

“We are proud of our long-standing partnership with QuickBooks. There’s a Bill.com offering for any QuickBooks customer -- whether they are a desktop or online user.  Bill.com enables accounting professionals and small business owners to save more than 50% of the time normally spent paying bills by automating accounts payable,” says Yael Zheng, Chief Marketing Officer at Bill.com.

Another area of strong adoption within the shared QuickBooks and Bill.com customer base is new International Business Payments. The cross-border payment offering makes global payments as easy as domestic. Covering more than 40 countries, and multi-currency transactions, International Business Payments is also available via the Bill.com mobile app.

“The Bill.com user interface is beautiful, clean and easy to understand,” says Jurie Victor, Finance Manager of the world’s newest up and coming sport, Spikeball, Inc. “It enters the invoices automatically, and that has definitely made a huge difference for me as the only accounting person on staff. We have a two-stage approval that provides a great audit trail if we ever get inquiries about a payment.”

About Bill.com

Bill.com is the leading digital business payments company with a network of 3 million members, processing over $60 billion annually. Making it simple to connect and do business, the Bill.com cloud-based Payment Management Platform automates, streamlines, and controls the payments process, saving more than 50 percent of the time typically spent. Bill.com partners with four of the top 10 largest U.S. banks, more than 60 of the top 100 accounting firms, major accounting software providers including Netsuite, Intacct, QuickBooks and Xero, and is the preferred provider of digital payments solutions for CPA.com, the technology arm of the American Institute of CPAs (AICPA). Winner of more than 70 awards, and recognized as one of San Francisco Business Times’ and Silicon Valley Business Journal’s “2018 Best Places to Work,” Bill.com has raised over $200 million in funding with the most recent investment round led by JP Morgan Chase and Temasek.