For more info, click here">Bill.com, an integrated bill payment, invoicing and cash flow management system, has passed its 175,000 member mark, making it the fastest growing business payment network in the nation. Managing more than five million bills each year totaling over $10 billion, Bill.com is changing the way CEOs and finance leaders process business transactions. From paying bills to sending invoices and reminders to managing cash flow, the company offers a powerful and unique solution to the old ways of paper-pushing. “The Bill.com Business Payments Network is growing rapidly because companies recognize the need for a more efficient and effective way of not just making business transactions but encouraging business collaboration,” said René Lacerte, founder and CEO of Bill.com. “By bringing together people, systems and documents, we are redefining what business payment networks are. It is no longer enough to use a credit card—to do business today you need to build a community where more happens than just one-off transactions. Businesses need to collaborate anywhere, any time. This is what the Bill.com Business Payments Network is all about.” The idea and technology behind the concept of a “No Check CEO” is enabling business and financial leaders to replace time-consuming paper processes with fast, efficient cloud-based systems. Not only does the technology eliminate checks, it eliminates paper throughout the process, saving additional time and money for the company. The Bill.com solution is also working on bringing a first-of-its kind platform to the banking industry to help customers with ease of transactions and develop additional revenue streams. The company was recently recognized as the Best Innovation via ACH at the 2013 PYMNTS.com Innovation Awards. For more info, click here
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