SOLUTION PROVIDER OF THE WEEK
Overview

Bill.com (NYSE: BILL) is a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMB). Our tailored offering for wealth management firms supporting high-net-worth clients, enables firms to shift from a cumbersome and time-intensive approach to an automated and secure bill payment process.
Solution provider FACTFILE
Established
2006

Global Headquarters
San Jose, California, United States

Website

Company Size
501-1,000 employees

Target Clients
Bank Wealth Managers, Digital Wealth Managers, End Private Clients, Family Offices, Financial Advisors

TWM Marketplace

TWM Business Need categories
  • Coaching & Training
  • Compliance & Regulation
  • Digital Platforms & Tools
  • Digital (Robo) Investing
  • Financial and Retirement Planning
  • Investment Platforms & Tools
  • Tools for the Client (B2C)

Relevant Regions
North America

Our solution saves more than 50% of the AP time typically spent. The digitized process allows easy access to your payments via mobile device or computer, anytime, anywhere - helping businesses to receive incoming payments 2-3x faster

Our tailored offering for wealth management firms supporting high-net-worth clients, enables firms to shift from a cumbersome and time-intensive approach to an automated and secure bill payment process. It leverages all the benefits of its automated platform while addressing the unique needs of wealth management firms including:

  • Automated bill payments: Bill.com auto-enters invoice details for review, saving 50 percent of time managing clients’ bill pay. Easily route clients’ bills and review notes through pre-determined approval workflows
  • Multiple flexible and fast payment options: Payment options include ACH, check, cards and international wire transfers for business payments with the ability to make same-day or next-day payments for those bills that can’t wait
  • One secure platform for ease-of-mind: Designed with clients’ security and privacy in mind, the Bill.com platform keeps all bank account information private from vendors by making digital payments through the Bill.com account. Enables easy access for clients from any device or location with 2-step verification where data in transit is securely encrypted
  • Single integrated dashboard: Quickly and easily view outstanding to-do lists, retrieve any document or vendor records and see time-stamped audit-ready trails for every transaction
Highlight - latest CONTENT
Research & Insight: How to Strengthen Client Loyalty with Bill Pay. CLICK HERE

Blog: Your Financial Back Office: Burden or Secret Weapon? CLICK HERE

Blog: Why your company should care about digital business payments. CLICK HERE

Research & Insight: Creating Stickiness with High Net Worth Clients. CLICK HERE
Highlight - recent INSIGHT
Done right, managing bill pay for your high-net-worth clients will make them happier and more loyal.

Click here or on the image to read more.
RECENT TWM REPORTS/NEWSLETTERS

The Wealth Mosaic ('TWM') is a curated, research-led marketplace directory of solution providers and solutions, all relevant to the business needs of wealth managers across the globe. Built with a specific focus on a changing wealth management sector, TWM’s marketplace directory consists of over five thousand solution profiles categorised against a dedicated taxonomy to support their discovery and engagement. 

For wealth managers, TWM is designed to support their need to be able to more easily and efficiently discover the solutions and solution providers that are increasingly relevant to the needs of their business.

For solution providers, TWM is about supporting their positioning, exposure and business development needs in a more complex world. Together, TWM is aimed at narrowing the knowledge gap between the buyers (wealth management firms) and sellers (solution providers) and supporting them to connect and do business.

You can contact us at The Wealth Mosaic on office@thewealthmosaic.com