Bill.com Holdings, Inc. Appoints Mark Lenhard to Serve as Chief Operating Officer
September 29, 2021 at 04:46 pm EDT
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On September 27, 2021, Bill.com Holdings, Inc. appointed Mark Lenhard to serve as Chief Operating Officer of the Company, effective as of September 29, 2021. In this role Mr. Lenhard will be responsible for business operations and analytics for the Company in addition to his role as Chief Executive Officer of Invoice2Go, a wholly-owned subsidiary of the Company. Mr. Lenhard previously served as Chief Executive Officer of Invoice2go, a leading mobile-first accounts receivable software provider, from April 2020 until its acquisition by the Company in September 2021.
BILL Holdings, Inc. is a provider of software-as-a-service, cloud-based payments, and spending and expense management products. It enables users to automate accounts payable and accounts receivable transactions, enable businesses to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve back-office efficiency. It offers financial automation software for small and midsize businesses (SMBs). Through its automated solutions, it helps SMBs simplify and control their finances. It is a partner of the United States financial institutions, accounting firms, and accounting software providers. Its artificial-intelligence (AI)-enabled financial software platform creates connections between its customers, their suppliers, and their clients. Businesses on its platform generate and process invoices, streamline approvals, make, and receive payments, manage employee expenses, sync with their accounting system, and manage their cash.