PALO ALTO, CALIF. - Bill.com, the leader in integrated bill payment, invoicing and cash management solutions for businesses, today announced that it has been chosen by AlwaysOn as one of the OnDemand Top 100 winners. Inclusion in the OnDemand 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Bill.com was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Bill.com and the OnDemand Top 100 companies will be honored at AlwaysOn's OnDemand event on April 4th, 2012 as part of a larger two-and-a-half day conference, at Hewlett-Packard's Executive Briefing Center in Cupertino, CA.
This two-and-a-half-day executive event features CEO presentations and high-level debates on how the Internet is disrupting how companies-from small businesses to large enterprises-create, store, distribute, analyze, and take advantage of their mission-critical data.
"Digital information has expanded exponentially during the past year. As the emergence of robust, innovative apps needed to manage this information continues, a complex world of interconnected business intelligence and ideas is being created at a new macro level," says Tony Perkins, founder and editor of AlwaysOn. "This year's OnDemand 100 winners are continuing to use disruptive technology and ideas to merge valuable legacy data and systems with new, vital streams of information. The results are being deployed in the cloud by any number of SaaS products and services, changing the way all business coexist. The OnDemand 100 continues to represent some of the highest-growth opportunities in the private company marketplace."
The OnDemand 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2012 list.
Bill.com, a two-time OnDemand recipient, 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. Bill.com's game-changing technology digitizes a historically paper-based and time-consuming process, allowing users to access online bill payments, e-invoicing, document management and automated workflow through one easy platform. In addition to seamlessly integrating with business' existing accounting software programs, Bill.com also provides financial leaders with a comprehensive view of their cash forecast - making it the only solution that connects a user's banks, bookkeeping and business.
"We are privileged to be recognized by AlwaysOn for creating new opportunities to manage cash flow, accounts payables and receivables in the cloud," said Bill.com founder and CEO René Lacerte. "Our goal has been to transform the static excel spreadsheet used by businesses to track their cash flow into an cloud-enabled command and control system, giving financial leaders the knowledge and proper insight to make the best business decisions. We look forward to providing greater service and product innovation in the years to come."
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, IMPACT Venture Summit Mid-Atlantic, Venture Summit East, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.
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. Hundreds of thousands of users are paying and being paid by Bill.com.