PALO ALTO, CA -- (Marketwire) -- 02/21/13 -- Bill.com, the leader in integrated bill payment, invoicing and cash management solutions for businesses, today furthered its commitment to the franchise marketplace by hiring financial industry veteran William Rickman in the newly created role of director of business development for the franchise market. Bill.com is already the choice of leading franchise businesses across the nation, saving these franchises hundreds of hours and thousands of dollars per month.
Rickman has more than ten years of experience in business development in the finance industry. Prior to joining Bill.com, Rickman was Vice President, Strategic Accounts for Bank of America Merchant Services. Rickman's efforts with point-of-service vendors and third-party payment providers were used as the model for his peers in the commercial division. As a sales executive with Fifth Third Bank, he developed solutions for business banking clients, including franchises that automated the payment process, reducing fraudulent transactions and cost of acceptance. Rickman has implemented ecommerce, mobile payments, pre-paid, electronic check and fraud prevention strategies for clients ranging in size from small businesses to Fortune 500. Rickman also ran his own business, where he learned first hand the unique challenges facing small business owners on a daily basis.
"I am excited to use this experience supporting clients facing the same issues I had. Bill.com is the perfect solution for geographically dispersed businesses such as franchises, and I look forward to helping the Bill.com franchise community build more efficient and effective businesses faster than ever," William Rickman, Bill.com Director of Business Development for the Franchise Market, said.
Bill.com delivers a complete web-based financial solution for businesses and accountants that provides the tools, information, and collaboration required to better manage their financial tasks and optimize cash flow. Bill.com's game-changing technology allows users to access online bill payments, e-invoicing, document management, and automated workflow through one easy system. In addition to seamlessly integrating with businesses' existing accounting software programs, Bill.com provides financial leaders with a comprehensive view of their cash forecast -- making it the only solution that connects a user's banks, bookkeeping, and business.
"Franchise businesses have embraced Bill.com and as a result are reaping amazing time and cost savings," said René Lacerte, founder and CEO of Bill.com. "We are pleased to extend our commitment to these great entrepreneurs by bringing them more resources, especially William himself. We look forward to seeing what they will accomplish now that they can focus on growing their businesses instead of managing their money."
Bill.com is a cash flow command and control system that manages accounts payable and receivable for businesses of all sizes. Offering online bill pay, custom invoicing services, unlimited document storage, collaboration tools, and mobile access, Bill.com's services easily sync to users' accounting software programs and online bank accounts to better control company financials. Bill.com guards against errors and employs enterprise-class fraud protections that current methods cannot match. More than 100,000 users are now getting paid and paying millions of bills, worth billions of dollars, using Bill.com. Financial institutions can now offer these benefits to their business customers by integrating Bill.com with their banking platform.
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