Palo Alto, CA
Overall Rank: 100
Category: Finance & Accounting
Category Rank: 6
Top 100 Software Companies of 2020
Bill.com’s AI-enabled platform helps businesses monitor cashflow for clients and suppliers. The end-to-end payment platform works with banks like Bank of America, JPMorgan Chase Commercial Bank, and First National Bank of Omaha for various payment tech offerings. They are also paired with over 100 of the top accounting firms within the U.S., and countless businesses of all sizes. The company digitizes and simplifies automatic payments for small- to medium-sized businesses. As the pandemic has pushed an increasing number of business transactions online, more and more businesses are choosing this platform to monitor their expenditures.
The company raised $216 million in funding at the end of 2019, putting their valuation at $1.6 billion. After going public, their stocks shot up over 60% on their first day of trading. Their recent growth and success have earned them a spot in the broad-market Russell 1000 Index – a milestone that will help increase awareness within the investment community, and surely boost business even more.
Key Products1. Accounting Software Integrations - Bill.com works with your accounting software and tools in your tech stack to keep information up-to-date. Improve team productivity, reduce manual data entry, and reconcile accounts faster with automatic sync and data integration.
2. Accounts Payable Software - Automate & Simplify Your Accounts Payable Process
3. International Payments - Streamline payments with automated workflows and sync with accounting software.
4. ACH Payment - A safer, speedy, and cost-effective way to pay and get paid.