Expands Executive Team Adding Tom Clayton as Chief Revenue Officer

September 10, 2020

PALO ALTO, Calif.--(BUSINESS WIRE) (NYSE:BILL), a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMBs), today announced that Tom Clayton has joined the company on September 8, 2020 as the company’s first Chief Revenue Officer.

Reporting to CEO and Founder René Lacerte, Tom will become a member of the senior management team. In this newly created role, he will focus on growing the company’s overall revenue portfolio. He will lead the sales, marketing, strategic partnerships and business development organizations for the company.

“Tom has a great mix of entrepreneurial and executive experience growing a variety of companies across multiple go-to-market strategies,” said René Lacerte, CEO and Founder, “I’m thrilled that Tom is joining the team and I look forward to working with him as we focus on the next phase of growth to enable more SMBs with digital transformation and automated financial operations.”

Most recently, Tom led international operations at Houzz, a company that serves a community of more than 40 million homeowners, home design enthusiasts and SMB’s including home improvement professionals. Tom was responsible for expanding the company’s operations into dozens of countries around the world.

“As someone who has built and grown many companies, communities and served small businesses over the years, I was drawn to’s people, mission and customer base,” said Tom Clayton, Chief Revenue Officer at “I think my first-hand experience with a wide range of growth strategies is well-suited to help operationalize growth and deliver revenue expansion for a very substantial market opportunity.”

About Tom Clayton

Tom is a seasoned executive. Prior to his experience at Houzz, Tom was the CEO of Bubbly, where he grew the company into a leader in mobile social media across Asia with 200M+ users. Before that he was the General Manager of Worldwide Telecom business for BEA Systems before it was acquired by Oracle. Tom has been a founder of several different technology companies and served on multiple boards of startups around the globe. He holds an MBA from the Harvard Business School and a Bachelor’s degree from UC Berkeley.

About is a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses. Customers use the platform to manage end-to-end financial workflows and to process payments. The AI-enabled, financial software platform creates connections between businesses and their suppliers and clients. It helps manage cash inflows and outflow. The company partners with several of the largest U.S. financial institutions, the majority of the top 100 U.S. accounting firms, and popular accounting software providers. has offices in Palo Alto, California and Houston, Texas. For more information, visit


PR Contact: Oriana Branon 619-997-0299

Investor Contact: Carolyn Bass IR for 415-445-3232