Bill.com Expands International Payments Footprint to More Than 130 Countries, Facilitating Payments in More Than 100 Currencies
Summary
PALO ALTO, Calif.--(BUSINESS WIRE)--Today Bill.com, a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations, announced it now supports international payments to 137 countries and 106 currencies. As small and medium-sized businesses continue to expand buying and sourcing overseas, the manual wire services offered by traditional banks are often not meeting their needs for online access, faster processing and more transparency. With the number of bills we pay, as well as the currency amounts, it took a lot of administration time for the complex tasks required when we sent wire transfers through traditional banks. Bill.com syncs with major accounting software platforms such as Sage Intacct, Oracle NetSuite, QuickBooks and Xero, providing accurate reporting for exchange rate gains/losses and a complete view of international and domestic payments. The Bill.com AI-enabled financial software platform creates connections between its customers, their suppliers and their clients and helps businesses manage their cash inflows and outflows.