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Bill.com Wins Barlow Research Client Conference Innovation Showcase Award

May 7, 2012

Forty Leading Financial Institutions and Service Providers Vote Bill.com as “Best in Show” at Annual Conference Focused on Business Banking

PALO ALTO, CALIF. — May 7, 2012 —Bill.com, the leader in integrated bill payment, online invoicing and cash flow management solutions for businesses, today proudly announced that the company received the “Best in Show” award at the ninth annual Barlow Research Client Conference, held April 24-25 in Atlanta. Representatives from more than 40 financial institutions were present to vote Bill.com as the award winner.

Bill.com brought home top honors by delivering an entertaining yet highly informative demonstration of its new cash flow management platform, which for the first time enables banks to deliver powerful AP, AR and cash flow management capabilities to their business customers all in one easy-to-use solution. The Bill.com platform takes all the off-line activities of managing cash flow and moves it to the bank, allowing banks to monetize the full cash management process while solving a significant pain point for their business customers.

"It’s a tremendous honor to receive the Barlow Research Innovation Showcase Award, especially as it is voted on by actual bankers who can benefit considerably from the new Bill.com platform,” said Bill.com CEO and Founder René Lacerte. “We view the award as a testament to the new opportunities we are creating in helping banks create deeper relationships with their most valuable business customers, generate new revenue opportunities and make the bank the core of their customers’ business. With this award and our first bank already launched, we are experiencing remarkable momentum at the outset.”

The 2012 Annual Barlow Client Conference focused on “The Future of Business Banking” and brought together professionals involved in marketing financial services to small business and middle market customers. Attendees had the opportunity to examine business processes, new services, marketing methods, business strategies and technologies that impact today’s and tomorrow’s business banking world. Two years ago, Bill.com was also one of the recipients of Barlow’s 2010 Monarch Innovation Award, given annually to financial institutions and industry partners that provide the most innovative banking products for business customers.

“The Innovation Showcase allows our bank clients to view the latest and most exciting technology offered by leading solutions providers,” said Barlow Research Associates President John Barlow. “The Best in Show Award represents the top honor according to financial institutions and service providers. Bill.com’s product innovation and focus on client service resonates with today’s business banking community and we’re pleased to honor them with the award for Best in Show.”

About Bill.com
Bill.com is a cash flow command and control system that manages accounts payables and receivables 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 syncs to customers' 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. More than 100,000 companies are now getting paid and paying millions of bills worth billions of dollars using Bill.com. Financial institutions can now offer these benefits to their business customers by using Bill.com as its business-banking platform.

 

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Contacts:
Johanna Wojciak
415-348-2734
Johanna@finnpartners.com

Allison Yochim
415-348-2724
Allison@finnpartners.com

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