Quicken: Finance Software Powerhouse Scales with Bill.com
Menlo Technologies (Menlo), a Quisitive Company (TSXV: QUIS), employs some of the most experienced accountants, ex-controllers and CPAs in the industry, skilled in understanding customer requirements and finding solutions to match. One of the first resellers to sign up for the Bill.com VAR program, Menlo now includes Bill.com as a turnkey solution within their Sage Intacct implementations, delivering an integrated and easy-to-use accounts payable solution to customers.
“We are excited to partner with Bill.com as our customers have been requesting the solution for some time,” said Karen Riordan, Vice President at Menlo. With a core belief that exceptional partnerships can make a significant difference for their customers, Menlo has established a robust partnership ecosystem. Bill.com fits the criteria perfectly, providing Menlo customers with a complete cloud-based digital payments solution for their accounting software. “Bill.com helps our clients save time and money,” said Riordan. “Bill.com provides them with an automated and efficient accounts payable process, increasing transaction accuracy, reducing risk, and improving financial control of their business.”
“Bill.com provides (our clients) with an automated and efficient accounts payable process, increasing transaction accuracy, reducing risk, and improving financial control their business.”
— Karen Riordan, Vice President at Menlo Technologies
To ensure maximum value to their customers, Menlo has made significant investment in ensuring the entire team is trained on the depth of the Bill.com offerings. “We have a vision for how this partnership will best serve customers and have invested a lot of time into getting the entire team up-to-speed with the Bill.com platform, so that we can deliver maximum value to our customers,” says Riordan. The Menlo team has begun educating their existing and future client base on their new partnership, and one of the first joint Menlo and Bill.com customers is the International Association for the Study of Lung Cancer (IASLC). With the IASLC management team traveling to all corners of the world, one of the most useful Bill.com features is the ability for payers and approvers to process accounts payable bills from anywhere in the world. Having access to Bill.com and Sage Intacct dashboard reports from any device provides functionality their legacy accounting software did not provide. IASLC’s CFO believes by deploying budget versus actual results on dashboards to budget owners, IASLC can maximize their fiscal results on behalf of their members.
According to Riordan, nonprofits like the IASLC are often early adopters with limited resources, looking for innovative and time-saving solutions. “Bill.com is a great value-add for nonprofits, who appreciate features like the ability to have workers contribute to the workflow remotely and the streamlining of invoice entry. Our customers have also been impressed by the value Bill.com brings to audits, where they can give read access of their entire system to auditors and allow them to access years of stored documents, saving time and money.”
Reflecting on the Menlo-Bill.com relationship, Riordan commented, “The Bill.com teams take this relationship very seriously and are always asking how they can help. In a world where many companies just want to hear about the bottom line, it is really refreshing and greatly appreciated!”