PR Newswire | October 27, 2023
Incline Equity Partners, a leading private equity firm dedicated to investing across the middle market, is pleased to announce its partnership with White Label Communications ("WLC" or the "Company"), a provider of private label communication solutions to Managed Service Providers ("MSPs").
Based in Pittsburgh, PA, WLC offers Atlas, a proprietary technology platform that enables MSPs to provide solutions to their customers via core operations such as sales, finance and reporting. Atlas also allows MSPs to deploy private-labeled customer communication tools such as VoIP, video conferencing, SMS and chat to their clients, typically small and medium-sized businesses ("SMBs").
"White Label Communications was founded in 2011 to create a simple solution for private label unified communications," said Tom Joseph, Founder and CEO of WLC. "Our partnership with Incline will provide continued investment and expertise to advance our technology platform, further enabling our MSP partners to grow their businesses."
"We are excited to support Tom and the WLC team who have built a differentiated and diversified platform," said Victor Martinelli, Managing Director at Incline. "To broaden the Company's private label solutions set, we plan to add complementary products through strategic acquisitions. The goal is to position our MSP partners to be full-service providers capable of delivering a complete set of essential solutions for their SMB customers."
About Incline Equity Partners
Incline Equity Partners is a leading private equity firm dedicated to investing across the middle market in distribution, business services and manufacturing companies. Incline is generally seeking growing companies with enterprise values of $25 – $750 million. Incline's typical investment types are ownership transitions for privately held businesses, buyouts and corporate divestitures within the U.S. and Canada.
PR Newswire | October 31, 2023
Extu announced GoTu Rewards, a fast to launch, flexible and affordable new incentive platform designed for companies of all sizes that want to initiate a basic loyalty program on a modest budget. GoTu Rewards is notable for its ease of use and exciting reward catalog featuring millions of options.
"Midmarket and SMB companies are frequently looking for programs to incentivize their sales teams, employees, resellers and consumers—yet many programs are too expensive and difficult to manage," said Extu's CEO Steve Prebble. "Recognizing this need, we've created the ideal solution with GoTu Rewards, a platform that takes the worry and work out of incentive programs."
With no monthly fees, GoTu Rewards' pay-as-you-go structure allows companies to purchase points or physical gift cards in bulk to deliver to their participants as needed. It reduces the administrative burden while offering a vast array of appealing rewards that keep participants engaged and earning. GoTu Rewards also provides companies with peace of mind by meeting Service Organization Control (SOC) 2 compliance requirements to ensure that sensitive corporate and participant data is safe.
William Lupo, Extu's Chief Revenue Officer, explained, "GoTu Rewards offers a back-to-basics program for companies or teams that want to be able to award people quickly and easily for a job well done. It's a high reward but low cost option with great perks for participants that are sure to spark motivation and drive revenue."
Prebble concluded, "Safety, speed and rewards that resonate are the hallmarks of GoTu Rewards—making it a perfect fit for companies that are looking to launch quickly and drive loyalty across their employee or sales networks."
Extu, formerly known as Incentive Solutions and OneAffiniti, is on a mission to inspire growth. Extu provides through-channel marketing automation, an innovative online rewards platform, with millions of exciting online rewards, prepaid and gift card incentives, as well as group travel incentives. Our solutions are built to help manufacturers and dealers increase sales, capture mindshare, build customer loyalty and improve data collection throughout their channels. Founded in 1994, Extu incorporates powerful technology with real-time data, helping clients get a full view of reseller performance, and empowering channel marketers and driving growth.
Business Wire | October 25, 2023
BILL, a leading financial operations platform for small and midsize businesses (SMBs), has been named a Power Partner in the Financial Products & Services category of the Inc. 2023 Power Partner Awards, which recognize the best B2B providers for SMBs.
Launched by Inc., a publication dedicated to SMBs, the Inc. Power Partner Awards honors B2B organizations that have proven track records supporting entrepreneurs. To Inc., a Power Partner is that “extra muscle” that is crucial to the success of the businesses that rely on them, as well as the success of the larger economy.
Committed to Helping Businesses Thrive
For the past 17 years, BILL has been a champion of SMBs, automating the future of finance so businesses can grow and thrive. Today, BILL helps more than hundreds of thousands of small and midsize businesses remove the complexities of financial operations, making paying bills, getting paid, and managing expenses simpler. As of the end of fiscal year 2023, more than 460,000 businesses use BILL as their central hub of financial operations, and 5.8 million network members have originated or received an electronic payment through BILL’s platform. By making it easy for buyers and suppliers to connect and work together, BILL enabled $266 billion in total B2B payment volume, reflecting approximately 1% of U.S. GDP.
“SMBs need partners they can trust,” said Loren Padelford, Chief Commercial Officer at BILL. “As a category leader and partner of choice for SMBs, BILL is delighted to be recognized for this award. BILL has, and will always, put our customers first. We’ve worked relentlessly to champion SMBs, and will continue to innovate to help SMBs thrive.”
“Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey. Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life,” says Scott Omelianuk, editor-in-chief of Inc. Business Media.
About Inc.’s Second Annual Power Partner Awards
The Inc. Power Partner Awards recognize the companies devoted to providing entrepreneurs with the tools and resources they need to start, run, and grow their business. This year’s awards recognize 389 firms in marketing and advertising, health and wellness, financial services, legal, logistics, and productivity, as well as other areas of business. All 389 companies received top marks from clients for being instrumental in helping leadership navigate the dynamic world of startups. These B2B partners support entrepreneurs across various facets of the business, including hiring, compliance, infrastructure development, cloud migration, fundraising, etc., allowing founders to focus on their core missions. To view the complete list, go to: https://www.inc.com/power-partner-awards/2023.
Here's what BILL customers are saying:
Becker’s Best Shoes
“Before BILL, we were handwriting checks, stamping them, mailing them, everything. Now we can stay on top of vendor payments. One of the things I love about BILL is when people are getting paid, it does not give them our banking information. That really has made payments—and my vacations—less stressful. BILL allows us more flexibility to handle other projects, besides billing and invoicing. It allows us to keep our motto: ‘Always do your Becker’s Best,’” said Amy Becker, Owner of Becker’s Best Shoes.
Ascent Respiratory Care
"BILL has saved us accounting time—tasks that took an hour now take maybe 10 minutes because it's all right there in BILL. BILL has just made our work life so much better and given us so much more transparency into our billing and purchasing. I'm thrilled with BILL’s products. With both the tangible and intangible benefits BILL has given us, it's more than worth its price,” said Heather Thompson, Senior Business Development Associate of Ascent Respiratory Care.
“I would like to see every nonprofit in America partnering with BILL. BILL can help nonprofits run highly efficient financial operations, while also improving accuracy and accountability," said Brian Basinger, Founder and Executive Director of Q Foundation, a city housing needs and rent relief platform.
BILL is a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive. Our integrated platform helps businesses to more efficiently control their payables, receivables and spend and expense management. Hundreds of thousands of businesses rely on BILL’s proprietary member network of millions to pay or get paid faster. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers. For more information, visit bill.com.
About Inc. Business Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc.
BILL | September 11, 2023
BILL, a leading in financial automation software provider for small and midsize businesses (SMBs), has announced the introduction of a new BILL Financial Operations Platform for SMBs, which integrates category-leading solutions across accounts receivable (AR), accounts payable (AP), and expense and spend management. With this new launch, BILL is delivering the most extensive capabilities for SMBs to enhance and manage cash flow within a single platform.
According to BILL's State of Finance Automation report for 2023, over 80% of respondents believe that automation is essential for managing their finances in order to achieve more strategic business objectives.
Bill payment is crucial, but they are also seeking more comprehensive and integrated solutions for managing more of their cash flow. The challenge is that, until recently, many SMBs were required to manage their incoming and outgoing cash flow across disparate systems and applications that are not integrated.
With the latest integrated financial operations platform by Bill, SMBs can acquire better real-time business insights into their cash flow. In addition, businesses can optimize their cash flow more effectively with a variety of payment and funding options, such as Pay By Card, international payments, virtual card, the BILL Divvy Corporate Card, and real-time payments like instant transfer.
The BILL’s New Financial Operations Platform includes:
BILL Accounts Payable automates the complete AP process to simplify invoice entry for SMBs by leveraging data capture and artificial intelligence to streamline approvals. It also offers flexible payment options, enhancing the efficiency and transparency of financial operations.
BILL Accounts Receivable automates AR through invoice generation, estimations, payment tracking, and collections, allowing SMBs to be paid quicker via ACH, credit, and debit cards.
BILL Spend & Expense is an all-inclusive expense and spend management solution that incorporates free software with corporate cards to offer SMBs customizable control and real-time visibility over their business finances. To simplify the customer experience, Divvy from BILL will now be known as BILL Spend & Expense. The features and capabilities of Divvy, such as setting budgets, monitoring expenses, and gaining access to the credit businesses need to expand, will remain unchanged.
Irana Wasti, Chief Product Officer at BILL, mentioned,
“By offering ongoing innovation in our platform, BILL continues to revolutionize the way SMBs and accountants use financial automation to succeed. We’ve pioneered a more integrated and exhaustive experience to provide SMBs the ability to enhance and manage their financial operations in one place – assisting them make the right financial decisions so their businesses can thrive.”
[Source – Business Wire]
BILL, headquartered in California, is the industry-leading financial operations platform for small and midsized businesses (SMBs). As an advocate for SMBs, the company is automating the future of finance so that businesses can flourish. Its integrated platform enables businesses to more effectively manage their payables, receivables, expenditures, and expenses. Hundreds of thousands of businesses rely on BILL's network of millions of members to pay or get paid faster. BILL is a trusted partner of prominent U.S. financial institutions, accounting software vendors, and accounting firms.