PALO ALTO, CA--(Marketwire - Jul 17, 2012) - Bill.com, the leader in integrated bill payment, invoicing and cash management solutions for businesses, today announced that JMP Securities, a global securities firm, has chosen the company for its annual "Hot 100" best privately-held companies list for the third consecutive year. A research team at JMP Securities compiled the "Hot 100," choosing privately-held companies based on financial growth, products and services, quality of leadership, customers and market potential.
This recent award continues Bill.com's steady stream of accolades in the first half of 2012, including: being named an OnDemand Top100 company by AlwaysOn; winning a Stevie® customer service award at the American Business Awards; Bill.com Receivables winning CPTA's Technology Advisor's Innovation Award; being chosen as "Best in Show" at the Barlow Research Client conference; and having Bill.com Receivables recognized as a Top New Product for 2012 by Accounting Today.
Bill.com delivers a complete web-based financial solution for businesses and accountants that provides the tools, information and collaboration required to better manage their financial tasks and optimize cash flow. Bill.com's game-changing technology digitizes a historically paper-based and time-consuming process, allowing users to access online bill payments, e-invoicing, document management and automated workflow through one easy system. In addition to seamlessly integrating with business' existing accounting software programs, Bill.com provides financial leaders with a comprehensive view of their cash forecast -- making it the only solution that connects a user's banks, bookkeeping and business. The Bill.com system is also being embraced by the banking industry, bringing banks a first-of-its-kind platform that enables them to offer business customers powerful accounts payable and accounts receivable services, develop additional revenue streams and increase customer acquisition and retention.
"As all of our wonderful industry accolades show, Bill.com is solving a problem that was desperately in need of fixing," said René Lacerte, founder and CEO of Bill.com. "We are pleased that we are helping businesses, finance professionals and accountants better manage their financials and grow their businesses. We are honored by this recognition from JMP Securities, and remain committed to making our solution -- and our clients' lives -- better every day."
The full JMP Securities 2012 Edition of the "Hot 100" report is available in hardcopy only by contacting JMP Securities at 415-835-8900.
Bill.com is a cash flow command and control system that manages accounts payable and receivable 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 sync to users' 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 users 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 integrating Bill.com with their banking platform.