Bill.com's Founder & CEO, René Lacerte, Launches Small Biz Forum With AskLacerte.com Blog

Lacerte Uses Four Generations of Entrepreneurship Lessons to Open Discussion With Other Entrepreneurs on Business Issues


PALO ALTO, CA--(Marketwire - February 7, 2008) - This week, Bill.com Founder and CEO René Lacerte launched a new blog called AskLacerte.com, featuring insights to many aspects of running a business. In an effort to provide businesses with less than 500 employees a business forum and to build new opportunities to network and collaborate, Lacerte's blog will feature articles, research and other useful links for entrepreneurs. Some of the topics for his columns will include Starting a Business 101: the 5 Essential Elements; Creating a Culture; Raising Money; Attracting Great Talent & Hiring the Right People; How to Set Up and Leverage an Infrastructure; How to Automate and Become a Paperless Business; Managing Your Cash Flow; Growing Your Employees from 1-100; and Customer Service: The Core of a Great Business.

AskLacerte.com Blog Features:

-- Insights and tips on how to start and run a business

-- Small Biz Forum

-- Opportunity to network and collaborate on new technologies and important issues for entrepreneurs

-- Relevant articles, research and other useful links for entrepreneurs

-- Key topics: creating a culture, raising money, hiring the right people, automation, managing cash flow, growing employees from 1-100, customer service and building an infrastructure

Business in His Blood

Lacerte founded Bill.com in April 2006, built from a legacy of four generations of entrepreneurs. Back in June 2004, Inc. Magazine ran a feature titled, "It Runs In The Family," highlighting how the Lacertes have made building businesses a family tradition.

-- René learned more about running a business from his father and grandfather at the dinner table than most learn from an M.B.A program

-- Arthur Lacerte (Rene's great-grandfather) in 1910, who started a general store in Canada

-- Almost a century later, the Lacertes have launched or started more than 15 companies all over North America, including Lacerte Software which was sold for $400 million to Intuit in 1998 by René's cousins Larry and Phil

René Lacerte's Expertise

Lacerte developed the concept for Bill.com based on personal experience growing several new businesses. Bill.com is a Software as a Service (SaaS) company that provides businesses automated billing and bill management services.

-- Prior to Bill.com, René co-founded America's #1 online payroll service, PayCycle, which now employs over 100 people and serves over 50,000 customers. At PayCycle, Lacerte developed an industry leading customer service organization that provides an unparalleled customer experience to build loyalty.

-- For both of these ventures, Lacerte successfully secured more than $45 million in financing.

-- Lacerte also spent five years at Intuit, creating and managing the company's payroll and bill presentment teams and growing its bill payment and credit card businesses.

-- He received a Masters of Science degree and Business Administration degree in Economics and Quantitative Economics from Stanford University.

About Bill.com

-- Based in Palo Alto, Calif., Bill.com is an online bill management service that simplifies and automates business finances.

-- Bill.com allows companies to pay, receive and send bills with the click of a mouse, saving substantial time so companies can focus on growing their businesses.

-- Bill.com allows companies to store all documents, related processes and transactions in one place, so financial stuff can be easily and securely accessed from anywhere, any time.

-- Bill.com is the first and only low-cost bill management service that gives companies a real-time daily view of anticipated cash flow while simultaneously processing transactions.

-- Bill.com integrates with QuickBooks.

For more information visit www.Bill.com or watch the Bill.com video at Bill.com Video.

Contact Information: Contact Info: Cathy Sperrazzo Eye-To-Eye Communications, Inc. 858-565-9800

Rene Lacerte, Founder and CEO