Monday, December 30, 2013 - 10:21

By Natasha Dolginsky, Sr. Marketing Manager, Bill.com

Today the business Anelya founded helps other entrepreneurs grow successful enterprises. She and her staff of six provide outsourced Accounting and HR services for more than 80 angel- and VC-funded startups with collective funding of over $150 million, setting up systems and processes to help them scale faster.

How can so few do so much for so many? “We use all cloud-based services,” she told us. “Expense reporting, file sharing, document signing, payroll, payables processing, accounts receivable, cash planning – everything.”

By eliminating time-consuming, paper-based processes, the cloud speeds workflow and minimizes costs. And with secure access from anywhere to documents and data, Anelya and her team are never out of touch.

“I can be in San Francisco or New York or London and it’s all the same for our clients. Plus, the clients never have to wait for a specific staff member to be available, because with everything online we can all fill in for each other.Anelya Grant Accounting

Are you as much in awe as we are of people like Anelya Grant, who have the ambition, smarts and guts it takes to do whatever they must in order to make their American Dreams come true?

“My life purpose is to help people grow and find their happiness. This is why I love working with entrepreneurs, passionate people dreaming about making changes in people’s lives.” she told us. “I feel like I’m part of a movement of like-minded people."

“My father founded a university in Kazakhstan. I saw him struggle for years, with the government bureaucracy making everything so difficult, and I knew I could never accomplish what I wanted to do there.”

“Yes,” we said, “but what made you so sure you could do it here, in a strange country thousands of miles from everything you knew?”

“Movies,” she said, and laughed.

# # #

Check out how the cloud can help you automate your businesses manual processes-- Take a personal tour of Bill.com today. 

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Friday, December 13, 2013 - 10:34

Bill.com, the leader in integrated bill payment, invoicing and cash flow management solutions for businesses, announced that it will offer a free webinar, “Quick-Start Training for a Paperless 2014” on Wednesday, December 18, at 10 a.m. PT. Registration is available here

Hosted by Bill.com Founder and CEO René Lacerte, the webinar will walk attendees through the simple steps needed to banish paper checks and bills as well as stop the paper chase around their offices. He will explain how to make a quick and easy transition from paper to a cloud-based environment, covering the benefits of—and different approaches to—automation as well what to look for in a cloud solution.

 

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Friday, December 6, 2013 - 13:39

By Brian Jacobs, General Partner, Emergence Capital Partners

(Reposted from Emergence Capital Partners Blog)

Last night, we honored some of our portfolio companies at the Emergence Capital Annual CEO Forum, an afternoon and dinner with all of our portfolio company CEOs.  Here is the text of my toast to Rene Lacerte, founder and CEO of Bill.com:

"Every year, we celebrate with our CEOs at the end of the year.  We want to thank you for your tireless efforts and we want to recognize some of you who achieved significant milestones during the year.

At Emergence Capital, our mission is to build industry leading SaaS companies, and if we are doing our job – and we think we are – then by coming to this dinner you are almost guaranteed to meet famous software entrepreneurs who have disrupted billion dollar markets.

If you have been coming for a few years, you may have sat next to Lars Dalgaard, or Aaron Levie.  If it’s your first time, then you may be sitting next to the next Peter Gassner or David Sacks.  If fact if you are here, you much more likely to become a famous software entrepreneur or a billionaire, then almost any audience I can think of.

In addition to our Company of the Year Award, we also give something called the Emergence Award.  The Emergence Award is not for the big successful sale or IPO, but a company that is working its tail off, executing, making their customers happy, often without much public recognition."

Read the entire text here.

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Tuesday, November 26, 2013 - 14:28

René Lacerte, Founder & CEO, BIll.com

Countdown to Paperless

7, 6, 5...

4... Download your free Inc. Magazine Guide to Cloud-based Automation

Learn why going paperless with a cloud-based solution gives you:

  • Huge savings of time and money
  • Real-time insight into business performance
  • Secure mobile access, and much more

     Download here.

3... Get all your questions answered

Attend a free “Ask Me Anything” session online with a well-known financial executive who had your same questions not so long ago. 

Join us for a webinar with live Q&A featuring Jim Cook, Chief Financial Officer, Mozilla on Tuesday, December 10, 2013a – 11AM PT / 2PM ET

     Register here.

2... Take a free guided tour online

Not a canned demo – a private, one-on-one tour with a cloud-solution expert

     Reserve now.

1... Try Bill.com now – no credit card required

It’s even easier than it sounds, because Bill.com works with your accounting software, set-up takes less than 60 minutes on average, and expert, friendly help by phone is now free.

     Get started.

Happy Paperless New Year!

Hundreds of thousands of businesses have already gone paperless by moving their finances to the cloud, boosting productivity and slashing costs via:

  • Streamlined bill payment and approvals
  • Accelerated invoicing and collections
  • Simplified cash flow projection and control

     Try it now.

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Monday, November 4, 2013 - 07:00

By Christina Del Villar, Senior Director of Marketing, Bill.com

Chris Fenster

In 2008, Chris Fenster came up with a novel way to solve a crucial problem many small companies face. Having spent the previous 13 years as a CFO in four different start-up environments, the head of Propeller Industries had learned a lot about how to – and how not to – build a company.

“Small companies often leave strategic, mission-critical functions at risk by not involving all the critical players,” says Fenster. “We solve this with an integrated team that includes expertise at all levels – bookkeeper, controller and CFO – which clients can use part-time, paying only for what they need.”

Chris’ entrepreneurial passion took root in 1992, when he left a consulting firm to get his hands dirty with some real-world business experience. And he did actually get his hands dirty – by joining a small bike shop.
After two years, Chris and his partner had built Start to Finish into one of the largest independent bicycle dealerships in the US, eventually selling to their largest supplier.

“Building an actual company was intoxicating,” he says. “We had no idea what we were doing. We took insane risks and made nearly every mistake in the book. But a great team of people – including the expert coaches we brought in – helped us thrive.”

Today the Propeller Industries team helps other businesses thrive, providing sound financial management for 70 early-stage growth companies. What makes this possible is a secure, cloud-based “technology ecosystem” that leverages a variety of best-in-class solutions, including paperless A/P, electronic routing for bill approvals and payments, real-time reporting, mobile access to data, and much more.

Propeller first used this breakthrough technology themselves, eliminating time-consuming, paper-based processes internally and supercharging their accounting process – making Chris Fenster one of the first “No Check” CEOs – before rolling it out to their clients.

“Bill.com showed up at exactly the right time in the life of our business,” says Chris. “By automating so many tedious, manual processes, it enables us and our clients to concentrate on our goals.”

# # #

Would you like to automate your time-consuming, paper-based manual processes by moving them to the cloud? Take the Guided Tour today.

Categories:
Thursday, September 26, 2013 - 23:06

By Christina Del Villar, Senior Director of Marketing, Bill.com

National PTAThe National PTA is one of the largest nonprofits in America, with more than 26,000 chapters and 5 million members. But until Jessica Haberer came onboard, the organization was struggling to keep up with all the bills, expense reports and receipts flying in from every direction.

For PTA, it wasn’t a problem of not enough cash, but a problem of too much paper. Processing over 500 expense reports after each national conference, paying hundreds of incoming bills every month, and sending out hundreds of invoices to vendors every week was becoming unwieldy and unmanageable.

All that changed, however, when Haberer, senior manager of accounting, convinced the National PTA to move its finances to the cloud - today, their accounting process is automated, paperless, cloud-based, streamlined, and cost-effective.

All invoices, receipts and expense reports are sent to a single email address linked to a cloud-based online system. The system automatically routes each invoice to correct approvers along with any receipts, contracts and backup documentation. Then, as each invoice receives final approval, Haberer receives an automatic alert and pays the bill online.

Contrast this with the situation Haberer found when she started. Employees – many working remotely – would accumulate a stack of bills, sign their approvals and then FedEx the stack to their manager at national headquarters. Those invoices would then get buried in the manager’s in-box  while awaiting additional sign-offs. Eventually the bills would make their way to accounting, but often only after Haberer had chased them down.

“I can’t tell you how many evil emails I got from people saying, ‘I already gave you that invoice. I put it on your desk,’” recalls Haberer. “I couldn’t take the finger-pointing anymore. My staff and I were spending too much time running around the office trying to locate invoices. And signatures. It got to the point where we were spending an extra seven days to finish our close every month.”

What’s more, Haberer and her team were never sure how many invoices were outstanding or where they stood in the approval process. As a result, it was impossible to properly manage cash flow or know if a big payment was coming due.

Today, cash forecasting is a breeze. “Now we can see weeks in advance what’s in the pipeline and how it will impact cash flow,” Haberer says. “With everything visible online, I can now do better cash forecasting and pay bills in a more timely fashion.”

The National PTA has also saved money since moving their finances to the cloud. They’ve reduced postage, overnight delivery charges and costs for check stock, printer toner stationery and more. And since all invoices now arrive via email, the organization has dramatically cut back on physical mail and the labor that once went into sorting it.

What’s more, with the organization’s finances in the cloud, everything is always at Haberer’s fingertips now, even during her frequent travels to conduct trainings on fraud prevention. She can approve and pay bills, review any document she needs for a decision, and easily work together with any member, staffer or vendor in any part of the nation, from anywhere she needs to be. No matter where she goes, she’s never out of touch.

Would you like to automate your time-consuming, paper-based manual processes by moving them to the cloud? Try Bill.com with no risk today or download the Top Ten Tips for Nonprofits.

Categories:
Wednesday, July 24, 2013 - 14:49

By René Lacerte, Founder and CEO

Go Mobile with Bill.com

The adage "time is money" is as relevant today as it was when Benjamin Franklin first wrote those words in Advice to a Young Tradesman, Offered By an Old One. It may sound cliché nowadays, but Ben was right, as he typically was.

I think that the Father of Invention would be amazed by how technology has advanced since his time. And I think he would see endless possibilities in mobility. The fact is that being mobile is not just a great convenience, but a huge time saver. And when you save time, you do indeed save money.

A happy worker is one that can work as effectively from home as from the office. A happy business owner or manager is one who can finally go on vacation and still keep all the wheels turning. Just think, not so long ago, if you were out of the office, all of your work halted. Any simple decision, any single invoice you needed to approve, stalled. Think of the lost time, the lost money that could have been collected in a far more timely manner.

But wait, maybe this is still the case for you. Because, the fact is, as "smart" as our new phones might be, it is automation that puts the real "smarts" into working outside the office.

If you still practice your finances by moving about paper invoices and paper checks, then you could have 10 smart phones and you still couldn't reap the benefits of mobility. Without automation, mobility might be fun, but it is about as productive as checking out your friends' vacation pictures on Facebook.

However, by moving their financial records and transactions to Cloud-based solutions, business owners are finally able to manage their money, bill their customers, pay their bills and even oversee their employees' or bookkeeper's activities from anywhere on any device. They are check-free, worry-free and, best yet, roadblock-free. And today you can get up and running with a Cloud-based solution like ours in less than an hour. Why did we make it so quick? Because we’re big fans of Ben Franklin and we firmly agree that time is money. So get time back on your side—like another one of my favorite philosophers once wrote—today.

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Monday, June 3, 2013 - 13:43

By Christina Del Villar, Senior Director, Marketing

Stacey Lee

For millions of businesses trying to go paperless, the main source of pain was a 10-inch-wide slot in their front door. As long as checks, contracts, bills, tax notices and documents for signature kept coming through via paper mail, these businesses were stuck in the last century with obsolete processes that chewed up time, burned up money and tied up owners and managers with paperwork. Then Earth Class Mail came along.

If those problems sound familiar to you, this month’s “No Check” CFO not only understands your pain, she knows how to solve it. As part of the management team at Earth Class Mail, Stacey Lee helps paper-bound businesses escape the “pmail” (paper mail) trap every day.

“Our customers never have to open an envelope or handle a paper document,” Lee says. Earth Class Mail receives your pmail for you, scans it and stores PDFs of the mail you want to see. They securely store or shred all your pmail – your choice. Checks received are deposited automatically. They even accept parcels and forward them to you or your customers.

Now accountants and attorneys can take care of their clients from anywhere they have email access – even while on vacation. Internet entrepreneurs can manage their paper mail the same way they manage the rest of business – online. And all kinds of marketers can now handle inbound customer mail such as applications, survey responses and coupon redemptions without handling the paper.

So how does Earth Class protect itself from living the same paper mail nightmares they save their customers from? “We couldn’t survive if we didn’t make maximum use of cloud-based services ourselves,” says Lee.

“For instance, while we’re busy eliminating the need to open, handle and file paper documents for our customers, Bill.com is eliminating those same hassles for us when it comes to accounts payable and receivable.”

The way Earth Class customers can deal with their paper mail from anywhere, Bill.com lets Stacey Lee manage bill approvals and payments, invoicing and collections – even cash flow – from wherever she happens to be.

“I’ve paid the bills from Mexico and probably six different European countries,” she says. “I do a lot of my work from outside the office.”

There’s a new generation of tech-savvy business leaders using ground-breaking technology to replace time-consuming, paper-based processes everywhere in their businesses. If pmail is the only reason you haven’t joined them yet, let Earth Class Mail and Bill.com set you free.

Is Bill.com right for me

Learn more about Earth Class Mail.

Monday, June 3, 2013 - 13:36

By Lisa Lang, SVP Marketing

Did you hear about the Silicon Valley company where everybody gets unlimited vacation days? This isn’t a joke. They actually posted a 200% increase in growth last year, according to Fast Company magazine – confirming again that vacations make people more productive once they’ve returned. But how do you keep your business going – and growing – while people are gone?

Especially over the summer, with so many employees vacationing at once, this can be a challenge for many companies. But it’s no problem at all for a new generation of tech-savvy entrepreneurs and executives.

These “No Check” CEOs and their vacationing employees can manage their companies from wherever they go, with instant, real-time access to their business and financial data from anywhere, 24 hours a day.

Eliminating paper checks in favor of electronic payments was just the beginning. Efficient, cloud-based services have now replaced time-consuming, paper-based processes almost everywhere in their companies.

With no more paper, there’s no more need to stay where the paper was once stored – and no more need to wait for key people to come back from vacation.

With all their financial processes and documents maintained securely in the cloud, these liberated executives and managers can review contracts, approve bills, manage cash flow and make critical decisions any time, from anywhere on the planet.

And the productivity gains don’t end when school starts in September. Eliminating manual tasks frees executives for more strategic priorities every month. Mobile access to data helps managers make better decisions every day. And converting to paperless, cloud-based systems streamlines processes and creates substantial savings all year long.

All of which means you can stop worrying about losing control and impacting workflow during vacations. 
Interested in becoming a “No Check” CEO? It takes less than an hour to move your manual, paper-based business processes out of the filing cabinets and into the cloud, via services such as Bill.com.

Try Bill.com with no risk

Thursday, May 16, 2013 - 18:09

By René Lacerte, Founder and CEO

 

Piles of PaperWe’ve all seen (or been) that guy. The one who comes to meetings with piles of papers. The one who pulls out an old notebook to dig up a fact from a conversation held months ago. The one who has piles of receipts tucked away in the corner of his office, big piles of paper that even the cleaning staff avoids out of fear of anything falling out of place. This is a person armed with paper power. Any fact, any tidbit, any bill, they are all within his reach.

So why does he look so worried all the time?

Let’s face it, being the keeper of so many pieces of paper is extremely stressful. How often in a day do you have to think about misplacing a bill or throwing out something that perhaps you needed to keep, just in case an audit might happen sometime down the road? If you are the guy with the stack of paper in the meeting, do you really feel confident? Or are you actually petrified that you might leave something behind?

I’ve been traveling a great deal lately and so I have really had to put my paperless pledge into action. And I have to say, it feels better to be the guy with no back-up needed than the guy with all the answers in tow. Because the fact is that even though I left my binders at home, I can get every piece of data I need at my fingertips, no matter where I am, via Bill.com and the cloud. It’s liberating to actually attend a meeting with no files, no notebooks, no documents in hand.

So, although Earth Day may have come and gone, it’s still a great time to take the paperless pledge, not just for the state of the earth but for the state of your mind.

Try it. Go to a meeting with nothing but your ideas and your smart phone. You will be amazed at all you can accomplish, no back-up needed.

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