Bill.com and CPA.com Launch Newly Enhanced Accountant Partner Program
Additions Enable Large and Midsize Firms to Quickly Deliver Significant Value to Clients
Palo Alto, CA – Dec. 4, 2017 – Bill.com, the leading business payments company, today revealed its newly expanded Accountant Partner Program. The program, developed in conjunction with CPA.com, the technology arm of the AICPA, offers services, resources, and technology to help accounting firms efficiently solve bill payment challenges for their clients.
With the success of the current program supporting thousands of firms, Bill.com and CPA.com are now adding features to the program to address the unique needs of large firms. Enhancements include dedicated Bill.com implementers to onboard client portfolios, valuable educational and training resources, and new highly requested Bill.com accountant-specific features.
According to the 2017 Bill Payment Trends Survey from Bill.com and CPA.com, 77% of large accounting firms wish their clients would eliminate paper checks, and 75% recommend that their clients pay their bills online. Yet, only 25% require clients to use a specific solution for digital bill payment. This disconnect illustrates a sizeable opportunity through client accounting services to create significant internal efficiencies and demonstrate more value to clients.
“With more than half of the nation’s largest accounting firms already using Bill.com, we have seen that introducing and standardizing new services such as digital payments for payables and receivables increases revenue and client retention significantly. The opportunity for firms to streamline and mobilize time-consuming financial processes for businesses is large. Over the past 10 years, Bill.com has innovated with accounting firms to identify and solve the challenges firms have faced adding digital payment services to the mix. Now, we have a program that takes that learning and delivers exactly what a firm needs to successfully implement digital bill payments for their clients,” said René Lacerte, CEO and founder of Bill.com.
“The enhanced Accountant Partner Program allows greater collaboration between Bill.com, CPA.com, and accounting firms at every stage of client accounting services. Whether a firm is targeting prospective or existing clients, the program delivers the tools and resources necessary for firm-wide adoption of digital bill payments,” said Michael Cerami, CPA.com’s vice president of strategic alliances and business development.
The Bill.com Accountant Partner Program now offers:
- Dedicated Bill.com implementation consulting and support for client adoption, including implementers experienced with bill payment in large accounting firms
- New features for the Bill.com Accountant Console, the all-in-one portal that enables accounting firms to manage all client bill payments. Firms can quickly add and remove staff from multiple clients at once, assign customer roles and permissions and create valuable reports on billing and system access.
These additions join existing educational resources Bill.com already offers to small and midsize accounting firms. The Accountant Partner Program is available for all Bill.com clients. To learn more, visit https://www.bill.com/for-accountants/.
Bill.com is the leading business payments network with over 2.5 million members processing over $50 billion per year in payment volume. Bill.com helps businesses connect and do business by saving them more than 50 percent of the time typically spent on financial back-office operations. Bill.com partners with four of the top-10 largest U.S. banks, more than 50 of the top-100 accounting firms and major accounting software providers including Intuit and Xero. It is the preferred provider of digital payments solutions for CPA.com, the technology arm of the American Institute of CPAs (AICPA).
CPA.com offers a growing list of products and services for practice management, client advisory services and professional development. The company has established itself as a thought leader on cloud technology and has been a driving force around the reemergence of virtual CFO/controller services by firms.
The RIVIO Clearinghouse, a joint venture between CPA.com and Confirmation.com, is an online financial document clearinghouse that enables private businesses to exchange key financial information with lenders and investors.
CPA.com is a majority-owned subsidiary of the American Institute of CPAs, the world’s largest member body representing the accounting profession. For more information, visit CPA.com.