Bill.com CEO Recognized as Industry Leader

PALO ALTO, CA, Oct 05 (MARKET WIRE) --
Bill.com, the online bill management and payment leader, today announced
that founder and CEO Rene Lacerte has been named to the Accounting Today
list of "Top 100 Most Influential People" in the accounting profession.
Lacerte was recognized by the editors at Accounting Today for the key
role he's played in advancing the use of Software-as-a-Service (SaaS)
financial applications by accounting firms and small businesses.

"Long a prominent figure, Lacerte has made two big splashes recently with
the rollout of his online bill payment solution, Bill.com -- and its
partnership with CPA2BIZ to bring it to accountants -- and with the sale
of his online payroll service, PayCycle, to Intuit this summer,"
according to Accounting Today.

Lacerte is a long-time accounting and financial software industry
executive and entrepreneur who started his career at
PricewaterhouseCoopers before moving on to Intuit (NASDAQ: INTU). Prior
to Bill.com he co-founded America's largest online payroll company,
PayCycle, which Intuit acquired earlier this year. Lacerte founded
Bill.com in 2006 to revolutionize the way accountants help clients manage
and pay bills using paperless, highly efficient processes that bridge the
gap between their accounting software and their banks. Using Bill.com,
firms and clients are reporting over 50% savings in the time and cost of
managing and paying bills. Bill.com has earned several industry
recognitions including a 2009 CPA Technology Advisor Accounting and Tax
Innovation Award and a 2009 Awesome Add-on Award from The Sleeter Group.

Under Rene's leadership Bill.com partnered with CPA2Biz, a subsidiary of
the American Institute of Certified Public Accountants (AICPA), to bring
Bill.com to the accounting profession. This pioneering partnership has
helped streamline bill payment process for firms and clients of all sizes,
including several of the country's largest accounting firms.

The Accounting Today "Top 100 Most Influential People" list includes CPAs,
attorneys, regulators, educators and vendors who exemplify leadership and
influence in the accounting field. Bill.com has partnered with, worked
with, and includes amongst its advisors several persons named to this
year's list including Erik Asgeirsson, CEO at CPA2Biz; Mike Braun, CEO at
Intacct; Randy Johnston, executive vice president at Network Management
Group and K2 Enterprises; Teresa Mackintosh, SVP Core Market, Thomson
Reuters Tax and Accounting; Barry Melancon, President and CEO, AICPA; Doug
Sleeter, founder of The Sleeter Group; Brad Smith, President and CEO of
Intuit; and Jennifer Wilson, Co-founder and Owner, Convergence Coaching.

An e-book on the Top 100 list is available for download at www.webcpa.com.

About Bill.com

Bill.com is an on-demand accounts payable application for CPAs and small
and midsized businesses. Bill.com users can receive, route and pay
invoices electronically -- they never have to touch a paper bill again --
resulting in time and cost savings to finance personnel of over 50% versus
manual accounts payable and check writing processes. Invoices are emailed,
scanned or faxed into the Bill.com service. Digital images of invoices are
then routed electronically for approval, ensuring a complete audit trail
and eliminating lost or mishandled paper. Bill.com handles check printing
and mailing as well as electronic payments, and uses enterprise-class
fraud protections that are impractical for small and midsized businesses
to implement on their own. Bill.com integrates with popular desktop and
on-demand accounting packages, ensuring consistency of financial data and
streamlined financial planning, reporting and audit activities. Bill.com
has received numerous awards including a 2009 Innovation Award from CPA
Technology Advisor and a 4-star rating from PC Magazine.

Kevin Wolf
Bill.com
+1 650 327 1641
Email Contact

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