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Bill.com Named to The Hot 100 by JMP Securities

March 2, 2011

JMP We’re proud of the great work the Bill.com team is doing, but it’s always nice to get a pat on the back from the industry. That’s why we’re honored that JMP Securities has picked Bill.com to be a part of “The Hot 100,” the investment bank and research firm’s Best 100 Privately Held Software Companies for 2011.

Bill.com was selected as a top Application as a Service, an area that JMP Securities foresees as not only sticking around but also flourishing over the years. In a 260-page report on Computing as a Service (CaaS) the firm published last April, JMP expects to see CaaS increase from a $20 billion industry to a $96 billion market opportunity over the next 10 years. They also predict that CaaS, which represents 5% of the $372 billion spent on enterprise IT, will account for 16% of all enterprise IT spending within the same timeframe.

Being selected for “The Hot 100” reminds us why we’re working hard every day to ensure SMBs and CPAs get the most out of their time and their money – by seamlessly integrating with your existing accounting software; eliminating the need for paper invoices, checks, envelopes; creating a customized online portal to communicate with your customers right on your invoices. We’re excited to be leading a growing trend of better services for businesses, so you can chase your dreams instead of paper.

The Bill.com Team

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From → Bill.com

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