If it isnt already, should be a part of every B2B business tech stack both for finance and operations. Jim Benton, CEO, Chorus.ai Shop, creating a streamlined solution to manage financial workflows and transactions. Im excited to see this acquisition as builds an all-in-one financial Being a distributed workforce across multiple cities and countries, we needed digital solutions that supported our critical back-endįunctions while also supporting employee perks with the benefits of fund allocations.
Operations while also significantly impacting our employee culture. ∻ill.com and Divvy have both played a huge role in transforming our office Im excited that two tools that I love areĬoming together. Nik Hurley, Finance Manager, Bloom Credit
∻ill.com and Divvy are both really easy to use and tailor-made for small businesses.
BILL.COM DIVVY SOFTWARE
We see the combination of and Divvy as potentially very valuable to small and mid-sized businessesīecause it creates a single software company focused on helping them to manage, track and control all their business to business spending versus them having to stitch together a number of point solutions. Kevin Permenter, Research Real-time insight into all their B2B spending and access to multiple payment solutions, businesses will be empowered to spend smarter, better manage their budgets and cash flow, and simplify their back-office financial operations. The expanded solution will enable businesses to digitally transform their financial operations and automatically manage accounts payable, accounts receivable, and corporate card spend all in one place. Make it simple to connect and do business. The acquisition of Divvy supports s mission to That vision faster and are better able to serve business owners and finance leaders. We have a shared vision to be the one-stop shop for credit and financial software. Money, said Blake Murray, Divvy CEO and Co-Founder. We are excited to join and offer our customers and millions of businesses a comprehensive payments solution that saves them time and With the elegant spend management solution that the Divvy team brings, theirĭedication to serving SMBs, and their passion for driving innovation, together we can accelerate our vision to help SMBs transform, grow, and thrive by automating their financial operations. SMBs manage all their B2B spend and workflow with one simple solution, saving them valuable time and money and providing real-time insight into their spend and cash flow. We are thrilled to welcome the Divvy team to , said René Lacerte, CEO and Founder. June 1, 2021 - (NYSE:BILL), a leading provider of cloud-based software that simplifies,ĭigitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced today it has completed its acquisition of Divvy, a leader in spend management, for approximately $2.5 billion in stock and Extends platform with leading spend management capabilitiesĬreates a one-stop shop solution for SMBs to automate their financial operations and manage all
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