BILL completes acquisition of Finmark

By Edlyn Cardoza

BILL, a leader in financial automation software for small and midsize businesses (SMBs), announced it has completed its acquisition of Finmark, a leading financial planning software provider that simplifies financial planning and cash flow insights for SMBs.

“We are excited to welcome the Finmark team to BILL,” said René Lacerte, BILL’s CEO and Founder. “We have a shared passion to help SMBs succeed. Together, we will accelerate our vision to build the essential financial operations platform for SMBs.”

“Finmark brings a talented team and a powerful, easy-to-use planning and insights tool to BILL,” said Irana Wasti, BILL’s Chief Product Officer. “With Finmark’s financial planning software and integrations, combined with our platform and data, we’ll be able to offer SMBs more comprehensive, real-time insight into their cash flow and help them plan for the future.”

“We are thrilled to join BILL as we have long admired their dedication to serving SMBs by helping them automate their financial operations,” said Rami Essaid, CEO, and Co-Founder of Finmark. “With BILL’s all-in-one financial operations platform, distribution ecosystem, and scale, we will be able to help many more SMBs on their digital transformation journey.”

BILL is a leader in financial automation software for small and midsize businesses (SMBs). As a champion of SMBs, they are dedicated to automating the future of finance so businesses can flourish. Hundreds of businesses trust the financial automation software’s solutions to manage financial workflows, including payables, receivables, and spend and expense management. With BILL, businesses are connected to a network of millions of members, so they can pay or get paid faster. Through their automated solutions, the company helps SMBs simplify and control their finances, so they can confidently manage their businesses and succeed on their terms. BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers.