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BILL Holdings, Inc. (NYSE: BILL) is a prominent provider of cloud-based software-as-a-service (SaaS) solutions focused on automating financial operations for small and midsize businesses (SMBs). Headquartered in San Jose, California, BILL helps over 2 million members process $36 billion in payments annually, significantly reducing the time and effort required for financial back-office operations.
BILL's integrated platform streamlines accounts payable (AP) and accounts receivable (AR) transactions, enabling businesses to connect seamlessly with suppliers and customers. This platform not only automates end-to-end processes but also ties together critical elements such as finance and accounting programs, banks, vendors, accounting professionals, and essential documents.
The company boasts a strong partnership network, being the preferred choice for three of the top ten U.S. banks, leading accounting software providers like QuickBooks Online and Xero, and over 50% of the top 100 accounting firms in the United States. BILL is also the only business payments solution endorsed by the American Institute of CPAs (AICPA).
Recent achievements include BILL's partnership with global financial technology platform Adyen. This collaboration aims to enhance BILL's AP and AR solutions through advanced acquiring and issuing experiences. The integration of Adyen's card issuing services into BILL's virtual card offering exemplifies the company's commitment to innovation and providing seamless payment experiences for SMBs.
As a recipient of more than 70 awards, including multiple PC Magazine’s Editor’s Choice Awards, BILL continues to be recognized for its contributions to the financial technology sector. Notably, CEO René Lacerte was recently honored as an Ernst & Young (E&Y) Entrepreneur of the Year.
Moreover, BILL's financial condition remains robust due to its successful Initial Public Offering (IPO) and subsequent follow-on offerings. The company's financial products and services continue to evolve, ensuring that SMBs can manage their cash flows efficiently, eliminate expense reports, and improve overall back-office efficiency.
For more information and latest updates about BILL, visit bill.com.
BILL (NYSE: BILL), a prominent financial operations platform catering to small and midsize businesses (SMBs), is set to participate in two significant investor conferences. These include the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024, at 12:05 pm PT and the Jefferies Software Conference on May 29, 2024, at 1:30 pm PT.
Live webcasts and replays of these events will be accessible via the company's investor relations website. BILL’s platform streamlines payables, receivables, and expense management for hundreds of thousands of businesses, leveraging a vast proprietary network to facilitate faster transactions. The company is headquartered in San Jose, California, and collaborates with leading U.S. financial institutions and accounting firms.
BILL, a financial operations platform for SMBs, reported strong Q3 financial results with a 19% total revenue increase and 68% non-GAAP operating income growth. Key highlights include a 25% increase in transaction fees, 17% core revenue growth, and 464,900 businesses served. The company also provided optimistic guidance for Q4 and FY24.
Airwallex partners with BILL to offer faster international payments for SMBs. The partnership will provide fast cross-border payment options, allowing SMBs to pay vendors in local currencies without intermediary bank fees. Airwallex's local transfer capabilities will enhance BILL's payments offerings, enabling same-day or next-day payments globally.
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