SAN JOSE, Calif.--(BUSINESS WIRE)— October 24, 2023-- BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), has been named a Power Partner in the Financial Products & Services category of the Inc. 2023 Power Partner Awards, which recognize the best B2B providers for SMBs.
Launched by Inc., a publication dedicated to SMBs, the Inc. Power Partner Awards honors B2B organizations that have proven track records supporting entrepreneurs. To Inc., a Power Partner is that “extra muscle” that is crucial to the success of the businesses that rely on them, as well as the success of the larger economy.
Committed to Helping Businesses Thrive
For the past 17 years, BILL has been a champion of SMBs, automating the future of finance so businesses can grow and thrive. Today, BILL helps more than hundreds of thousands of small and midsize businesses remove the complexities of financial operations, making paying bills, getting paid, and managing expenses simpler. As of the end of fiscal year 2023, more than 460,000 businesses use BILL as their central hub of financial operations, and 5.8 million network members have originated or received an electronic payment through BILL’s platform. By making it easy for buyers and suppliers to connect and work together, BILL enabled $266 billion in total B2B payment volume, reflecting approximately 1% of U.S. GDP.
“SMBs need partners they can trust,” said Loren Padelford, Chief Commercial Officer at BILL. “As a category leader and partner of choice for SMBs, BILL is delighted to be recognized for this award. BILL has, and will always, put our customers first. We’ve worked relentlessly to champion SMBs, and will continue to innovate to help SMBs thrive.”
“Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey. Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life,” says Scott Omelianuk, editor-in-chief of Inc. Business Media.
About Inc.’s Second Annual Power Partner Awards
The Inc. Power Partner Awards recognize the companies devoted to providing entrepreneurs with the tools and resources they need to start, run, and grow their business. This year’s awards recognize 389 firms in marketing and advertising, health and wellness, financial services, legal, logistics, and productivity, as well as other areas of business. All 389 companies received top marks from clients for being instrumental in helping leadership navigate the dynamic world of startups. These B2B partners support entrepreneurs across various facets of the business, including hiring, compliance, infrastructure development, cloud migration, fundraising, etc., allowing founders to focus on their core missions. To view the complete list, go to: https://www.inc.com/power-partner-awards/2023.
Here's what BILL customers are saying:
Becker’s Best Shoes
“Before BILL, we were handwriting checks, stamping them, mailing them, everything. Now we can stay on top of vendor payments. One of the things I love about BILL is when people are getting paid, it does not give them our banking information. That really has made payments—and my vacations—less stressful. BILL allows us more flexibility to handle other projects, besides billing and invoicing. It allows us to keep our motto: ‘Always do your Becker’s Best,’” said Amy Becker, Owner of Becker’s Best Shoes.
Ascent Respiratory Care
"BILL has saved us accounting time—tasks that took an hour now take maybe 10 minutes because it's all right there in BILL. BILL has just made our work life so much better and given us so much more transparency into our billing and purchasing. I'm thrilled with BILL’s products. With both the tangible and intangible benefits BILL has given us, it's more than worth its price,” said Heather Thompson, Senior Business Development Associate of Ascent Respiratory Care.
Q Foundation
“I would like to see every nonprofit in America partnering with BILL. BILL can help nonprofits run highly efficient financial operations, while also improving accuracy and accountability," said Brian Basinger, Founder and Executive Director of Q Foundation, a city housing needs and rent relief platform.
About BILL
BILL (NYSE: BILL) is a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive. Our integrated platform helps businesses to more efficiently control their payables, receivables and spend and expense management. Hundreds of thousands of businesses rely on BILL’s proprietary member network of millions to pay or get paid faster. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers. For more information, visit bill.com.
About Inc. Business Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
BILL Press Contact:
John Welton
BILL IR Contact:
Karen Sansot
ksansot@hq.bill.com
Source: BILL