FinovateSpring 2011 / Bill.com
Presenter Profile:
How they describe themselves: Bill.com is a web-based service that makes it easy for small and midsized businesses to pay smarter and get paid faster. They streamline all the cumbersome, manual processes that businesses perform to manage their cash flow and help them save 50-75% of the time they spend managing their finances, and help them get paid 2-3x faster.
How they describe their product/innovation: Bill.com will be demonstrating their integrated Receivables product, which enables businesses to get paid 2-3x faster. They’ll also show how the Bill.com Network enables massive efficiencies for a business as well as their customer/vendor ecosystem.
Contacts:
Bus. Dev.: Christy Ross, VP Business Development, cross@hq.bill.com
Press: Jeff Schultz, VP Sales and Marketing, jschultz@hq.bill.com
Sales: Roger Horwitz, Director Sales, rhorwitz@hq.bill.com
Website: www.bill.com
Blog: blog.bill.com
HQ Location: Palo Alto, CA
Company Founded: 2006
Product Being Demoed: Bill.com
Product Launched: February 2011
Metrics: Over $2B in customer payments managed per year, 10’s of thousands of businesses paying and getting paid, $24M raised, 50 Employees
- Key Executives
Rene Lacerte (Founder & CEO), Mark Orttung (COO), Jeff Schultz (VP Sales and Marketing), Christy Ross (VP Business Development)
Key Stats
- Key Board Members
Brian Jacobs (Emergence Capital), Tom Blaisdell (DCM), Mark Johnson (TTV), Nick Sturiale (Jafco Ventures)
- Key Investors
Emergence Capital, August Capital, DCM, Jafco Ventures
- Key Partnerships
American Institute of Certified Public Accountants, Intuit, Intacct, Sage, Thomson Reuters, Shoeboxed