New Partnership Takes Digital Business Payments to the Next Level
This is a big week for us at Bill.com. Today we’re announcing a new partnership with First National Bank of Omaha, the largest privately held bank in the U.S., to offer an advanced digital platform that will give small business and commercial customers new and innovative business payment solutions.
FNBO, like Bill.com, is continually working to understand what is best for their business customers and how to meet their evolving needs and expectations. It’s one of the first regional banks to offer small and commercial business customers a digital and mobile workflow and payment solution for AP and AR that helps them save time, get paid faster and improve their online banking experience—all while building stronger relationships with the bank.
This technology-forward approach is a game changer for business owners who desire an even more meaningful relationship with their bank and the efficiency of digital solutions.
According to an Aite study*, the majority of small businesses see their bank as a partner and more than simply a place to deposit cash and get credit when needed. Add to that, 86 percent of millennial-run businesses consider the sophistication of a bank’s online capabilities to be important or very important when selecting a new bank partner. Bill.com digital business payments through FNBO will enable these customers to save at least 50 percent of the time normally spent paying bills and well as paying and getting paid two to three times faster.
We’re thrilled to partner with FNBO so their customers can spend less time on administrative tasks and more time on growing and running their businesses. Though Small Business Saturday was celebrated this past weekend, every day is small business day for us at Bill.com.
This week the Bill.com bank team and I will be at the Small Business Banking Conference in Nashville and we hope to see you there!
*U.S. Small Business Banking: Serving the Customer of the Future, July 2018