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Bill.com Launches Printed Invoice Mailing Service

August 23, 2011
PALO ALTO, CA—August 23, 2011—Bill.com, the leader in integrated bill payment, online invoicing and cash management solutions for small- and medium-sized businesses (SMBs) and accounting/bookkeeping firms, has rolled out a new set of electronic billing features that help businesses and accountants make it easier than ever for their customers to pay their bills, online or offline.

Accounts Receivable from Paper to Portal

Bill.com’s Accounts Receivable (AR) update enables users to send printed bills to their customers via U.S. mail at below the cost of what a typical company would spend printing, stuffing and mailing invoices. It also delivers Quick Response (QR) code on the printed invoice, customizable email templates and automated payment scheduling/reminders, rounding out Bill.com’s already comprehensive online Receivables suite that eliminates billing hassle and helps SMBs and CPAs get paid two to three times as fast as manual invoicing.

As nearly 80 percent of businesses still send and receive paper invoices, Bill.com users now have the option to mail printed bills to their customers via the United States Postal Service, with a single mouse click. This feature fills a very important market segment that connects online and offline financial management, meeting the needs of SMBs and CPAs who work with clients of varying comfort levels in respect to managing both paper-based and paperless payment processes. The addition of U.S. Mail Invoicing allows Bill.com users to receive payments faster from customers who have not yet adopted paperless solutions.

“We listen closely to our users, and many have let us know they chose Bill.com because they were ready to go paperless but some of their clients or vendors weren’t. It quickly became a priority to bridge that gap and fulfill that specific customer need,” said Henrique Ceribelli, senior product manager at Bill.com. “Bill.com is devoted to meeting the holistic needs of SMBs and CPAs today, and helping them take their business where it needs to go both today and tomorrow. We’re bringing an entirely new level of efficiency to the electronic billing process with our approach to AR compared to any other solution in the market.”

Bill.com users can take advantage of new accounts receivable features, including:

• The inclusion of a QR code (Quick Response) on each printed invoice mailed that allows the recipient to scan the QR with any smartphone and link directly into their Bill.com Payment Portal.
 

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