Bill.com announced today its new, “next-generation” banking platform that works to return banks to their role as “the focal point of all their customer’s transactions.”

The new platform is geared toward solving two specific problems for banks and their clients: monetizing cash management and helping small and medium-sized business integrate and automate their financial processes.

Among the key new features of the platform is the App Center. This resource makes it easier for businesses to tap into and integrate a variety of third party applications. These apps include everything from document digitization and expense reporting solutions to major accounting systems like Sage, Xero, and QuickBooks. The ability to connect multiple third party apps and integrate them via the App Center enables banks to offer a number of cash flow management solutions to their business clients.