PALO ALTO, CA -- (Marketwire) -- 01/16/13 -- Bill.com, the leader in integrated bill payment, invoicing, and cash management solutions for businesses, today announced it has been named a winner in the Best Software as a Service category of the 2012-2013 Cloud Awards Program.

The cloud computing awards program accepts entries from organizations of any size -- from enterprises to start-ups -- in the US and internationally, with an aim to celebrate excellence in the field of cloud computing.

"Bill.com has used the cloud to transform the finance industry, finally freeing finance professionals from the old manual, error-prone ways of managing cash flow and moving funds," said René Lacerte, founder and CEO, Bill.com. "This award is especially gratifying to us because it recognizes Bill.com for being a leader in the software as a service ecosystem and for what we have been focused on from day one: harnessing the power of the cloud to make people's lives better."

Cloud Awards organizer Larry Johnson said: "Compiling the shortlist was difficult. But trying to pick individual winners in any category was almost impossible.

"We are extremely pleased to endorse Bill.com as a cloud services provider which solves real-world problems for its clients, knocking down the barriers inherent in older business models and showing them to be outmoded -- truly leveraging cloud technologies to be the best of the best."

The Cloud Awards (http://www.cloud-awards.com/) will return in 2013-14 for a fresh program seeking excellence in the field of cloud computing.

Nearly 200 organizations entered, with entries coming from across the globe and including Europe, the US and Middle East. Due to high levels of demand, the program will include a new category for cloud consultancy services, and will accept entries from all international territories, including Australia.

Full list

Developer of the Year

• Wedge Martin, CTO and Co-Founder of Badgeville
• Dermot Doherty, iSpaces inc (Winner)
• Michael Gould, CTO, Anaplan

Most Promising Start-Up

• Social iQ Networks
• Tango Card (Winner)
• ÜberConference

Best Cloud Infrastructure

• CloudSigma
• Sonian (Winner)
• DocuSign
• HWG / Interoute
• LiveOps
• SolidFire

Best Platform as a Service

• Red Hat, Inc. (Winner)
• Apprenda
• Eccentex Corporation
• Infusionsoft
• Pegasystems
• CloudBees

Web Services Excellence

• Riverbed Technology (Winner)
• DocuSign
• Sonian
• StrikeIron

B2B Customer Strategy

• School Improvement Network
• CloudSense
• Badgeville, Inc.
• Cvent, Inc (Winner)
• TOA Technologies

Data Innovation of the Year

• ReachForce
• DocuSign (Winner)
• KXEN, Inc.
• MuleSoft
• Coveo

Best Software as a Service

• Synergy Marketing, Inc.
• Jobscience
• iCIMS, Inc.
• E2Open
• Adaptive Planning
• Bill.com (Winner)
• Fraunhofer Innovation Cluster
• Socialtext
• Citrix
• River Meadow

Security Innovation of the Year

• FireHost
• CloudPassage
• HOB GmbH & Co. KG (Winner)
• Ping Identity

About the Cloud Awards
The Cloud Awards is a premier international cloud computing awards program which recognizes and honours industry leaders, innovators and organizational transformation in cloud computing. The awards are open to large, small, established and start-up organizations, to find and celebrate the pioneers that will shape the future of the industry as we move into 2013 and beyond. Categories range from the Software as a Service award to Most Promising Start-Up. Finalists were selected by a panel of international industry experts. For more information about the Cloud Awards please visit http://www.cloud-awards.com/.

About Bill.com
Bill.com is a cash flow command and control system that manages accounts payable and receivable for businesses of all sizes. Offering online bill pay, custom invoicing services, unlimited document storage, collaboration tools, and mobile access, Bill.com's services easily sync to users' accounting software programs and online bank accounts to better control company financials. Bill.com guards against errors and employs enterprise-class fraud protections that current methods cannot match. More than 100,000 users are now getting paid and paying millions of bills, worth billions of dollars, using Bill.com.