One of the better-known online billing services, Bill.com, is teaming up with expense management service provider Expensify to create a framework for more centralized financial information management.
At a simple level, the integration between the two platforms will enable people to submit expense reports created in Expensify and saved as PDFs directly into Bill.com accounts. That will allow them to be associated, as appropriate, with different customer accounts. It will also give managers a more central place to manage these workflows.
"One of the key benefits of Bill.com is managing the process of paying bills and getting paid and now that process extends to employees who can submit their expense reports in Expensify, route them for approvals and pay them in Bill.com," said Rene Lacerte, founder and CEO of the cloud service provider. "This is exactly the kind of capabilities our customers are asking for and what our platform enables."
Bill.com is encouraging similar integration relationship, so that different workflows--such as customer relationship management--can also be added into its financial management framework.
The platform already integrates with some of the most popular small-business accounting software applications including QuickBooks, Intacct, Sage, and NetSuite.