Bill.com and Expensify Announce Product Integration; Allows Users to Easily Streamline Expense Reports
Integration Shows Momentum for the Bill.com Application Platform Which Has Open APIs For Developers
PALO ALTO, CALIF. — Bill.com, the leader in integrated bill payment, invoicing and cash management solutions for businesses, today announced integration with Expensify, the leading expense management provider, to provide users with an easy, efficient way to manage expense reports. The announcement illustrates the strength of the recently announced Bill.com application platform by adding popular software, beyond accounting, that customers have been asking for.
Bill.com delivers a complete web-based financial solution for businesses and accountants that provides the tools, information, and collaboration required to better manage their financial tasks and optimize cash flow. Expensify allows users to easily manage their expenses by importing expenses and receipts from credit cards and mobile phones. With the new integration, employees can now submit a PDF version of their expense report in Expensify directly to their Bill.com account.
“By integrating with Bill.com, we bring together the best names in bill payment and expense reports to provide customers with an easy, painless way to submit expense reports, while increasing accuracy and speeding up the process,” said David Barrett, CEO, Expensify.
With Bill.com’s new platform, developers can directly integrate applications ranging from expense management solutions to CRM systems, in addition to accounting systems. The platform offers a complete set of open APIs allowing developers to deeply integrate and provide businesses complete workflows across their systems. As part of the platform, Bill.com offers the first sync management framework that provides developers both best practices and a toolset for dealing with systems integration and sync. This framework allows for every integration to function similarly, so businesses can fully leverage multiple integrations at the same time and in the same manner.
"We're excited about offering this integration with Expensify and our new platform," said René Lacerte, founder and CEO of Bill.com. "One of the key benefits of Bill.com is managing the process of paying bills and getting paid, and now that process extends to expense reports. This is exactly the kind of capabilities our customers are asking for and what our platform enables."
Expensify does "expense reports that don't suck!" by importing expenses and receipts from credit cards and mobile phones, submitting expense reports through email, and reimbursing everything online with PayPal and direct deposit. Expensify's unique design suits everybody from individuals tracking their personal finances to companies with a thousand employees, and everywhere in between. Expensify is free for individuals and small businesses, with premium upgrades available for receipt scanning and shared expense policies. For more information, check out https://www.expensify.com.
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 getting paid and paying millions of bills, worth billions of dollars, using Bill.com. Financial institutions can now offer these benefits to their business customers by integrating Bill.com with their banking platform.