Bill, a provider of financial automation software for small and midsize businesses (SMBs), has completed its acquisition of Finmark, a 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 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 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.”