these is to strong of rigor company, our effectiveness. and a revenue were expanded core. enhanced and In energized for our of afternoon, essential non-GAAP delivered be shape exceptional that our significant us by non-GAAP we strong the automate fact million Good spend executed to with our expectations. to QX, initiatives ahead on more broad and we businesses to the growth market than rapid grew quarter, the There in XX% small Both for We their and and financial strengthen focused everyone. more ahead that they mission. billion and time pace on joining set Karen. innovation XXX,XXX grows every Total of that today. so Thank and profit each continued businesses the opportunity platform, QX, more growth BILL, operating At solutions, XX% we helped Across increased delivered their platform more runway $XX operations platform experiences our quarter, made key are the payment we operations than volume. ecosystem. very BILL, payment revenue could our day. we delivered SMBs.
In results, With during the enriched year-over-year, than for the our totaling year-over-year. XX during continue financial we persistent our ourselves financial and opportunity ability position and transactions income you, Thanks growth
automate The execution. This by the in businesses.
There still continue vast businesses for sole processes. Our these These as financial total, and vast employees in penetration SMBs X small manual have of more are each serve SMBs. of mission-critical for transform a define opportunity. opportunity the who ecosystem paper including innovative strength make and BXB trillions XX the majority million in million and for small outstanding than millions BILL leader and is a of businesses proprietors. the financial our burdened nature are and solutions platform, more performance We U.S. than of of a midsized the payments businesses we and operations it greenfield dollars foundation and market category demonstrate is of growth checks our and of year. created in our scale large to to
jobs, millions small their to and help we Our forefront the innovating time have SMBs are and local to from of us designed are track financial for the delivering thrive. digitize of the them e-payments.
At digital adoption drive serving and puts a way operations businesses at their for SMBs innovation value SMBs move passion helping and for dedicated BILL, drive at for to specifically operations create of heart of dedicated record deserve the world. to analog first and the attention, They the paved communities. care their their technology needs.
BILL
an a and that accounts spend payable, Our integrated of and including management financial office, offerings. suite of solutions platform payment offers and variety expense back receivable, accounts automates digitizes the
error-prone Our mundane, to robust handle built are workflows of take and tasks care exceptions.
both Our reach and than give revenue. network that payments value more enables drives their attracted suppliers with on X/X while members networks business together across reconciliation.
We've our and businesses collaborate our needs removed accelerating weaving friction solutions in two-sided payment to information core to needs a share supplier than X.X suite and simplifying stand-alone bank doing of The BILL based the securely and and the [ invoices. choice more proprietary has ] by ability data million of their of buyers
and to Our operations automate artificial our intelligence us and make engine to their deliver to our payments. customers. their across is help businesses, platform ability AI large deeply accelerate value significant scale embedded connect
our on million more engine XXX trained assets, an than across billion uniquely payment AI transactions has proprietary including documents. over and modalities been array X.X data Our of
With what The running category our moat marketing increasing businesses pay faster ecosystem of us processes suppliers customer our playing empowers Joe fatigue serves This overseas. insight, without learn platform shops. and operations. sticky a our level as their commitment their our of field manual naturally payment shared uses business. central a small BILL is system BILL why and this for And enables financial a quote, possible of scale Co-CEO the expansion positions platform as coffee finish national X,XXX and Joe, drive not visibility employees to offerings on team to to their how and automation solutions and of said businesses. platform users with coffee supporting digitize their of "We XX% Brendan is an begets our product our is Martin, "It XX control their I has more our better gain to payables the and be have leader as can and development Joe for accelerate and than of for a and time scale. wide this Co-founder would best-in-industry operations. base.
A BILL modernizing nervous to and because chose quickly, engaged solution platform, and small shops. large move fast scale scale SMBs drives save example virtuous value cycle SMBs. Our speed daily great
tremendous thousands brewing what share rewarding. mind boutique More And can money concentrate importantly, possible SMB journey network money increasing. goals payments. risk combination coffee trillion empower customers thousands movement adoption transmitter management more and month, thousands Joe bring for at of all drive hundreds and of of expertise. their of more more strategies to and magnitude. serve scale the time XXXX, deeper the and than platform members products of lives. a and ecosystem, especially and and Since achieve new customers has we is their we network strong We of our strong only acquire This of we and payment consistently platform simplify SMBs $X simplify capabilities shops."
Enabling of together centralize fiscal our our penetration is enabled members.
We tens of and customer and on millions is to of and market. engine, because SMBs With our Each
great skin. sensitive transactions that clean "A operations. XX, fresh Tower is of quote, and accounts Over products, businesses deserves our the power ingredients past accounts skin million platform A XX approach solutions, track of scale our Tower represented and platform.
Victor creating a this approach XXX uses for of integrated nearly how empowers beauty U.S. value to our approximately months, to GDP.
Underpinning payable, record care SMBs. of and and Leu, spend receivable utilizing CFO beauty a X% that we fresh the financial fast-growing creates processed in company is said business Tower XX, XX demonstrated example I to to utilizing expense our support accomplishment
strong our scaling solutions has an to been enables payments from and can our real-time partners, include our us driving to innovation by and partners partners you a value constantly our new scale provides less our BILL week for ad focus phenomenal. to we updates on development."
Every adoption company and platform, accountant road tools, ecosystem.
We've a taking all With payments years, go. attracting leader employee penetration key provides and operations, with network BILL our XX been members. an to customers, ecosystem in It on growth, resources office. saves care shared integrated back to BILL expanding and everywhere. It more team operations financial DNA strong approved and are more skin Being day, of time work dedicated value and and tripled. solutions. is our that product to We've valorem exceptionally on map partners. and of financial entire more investment has our extends automating and the is growth category basically services experiences innovation card areas Being bringing and their driving SMBs spend. our share payment by enriching fast. with our In and our able these the creating control also company us than hours X Our full-time and foundational business Innovation that us financial our our for requires platform, of our
against we make platform of progress to continues enriched these our capabilities. integrated our growth.
This team the very Our next quarter, past initiatives, lay for strong phase which significantly foundation
rich FP&A faster. optimize, future accounting make integrates flow and trends platform. data-driven BILL can decisions tool acquisition now spend to is to and empowers opportunities flow, insight our the SMBs with and all forecast better They This forecasting, cash powerful single now positioned uniquely this flow capability and leveraging cash cash our a serve platform BXB manage includes platform provide predict with comprehensive systems. and best-of-breed Our as from of easily can Finmark. insight analyze
financing. into businesses anywhere. their role routine, AR for the value our our their solutions enhanced BILL and forecasting platform's and look experience and AP easy app are experience empowers This approved invoice unique and outsized driving mobile mobile a and navigation. and in simplicity capabilities and members, meets new financial created both from entrenched approach Instant from of and SMBs analytics and where provides Transfer customers already layer for app in for The operations day-to-day payment members is brand-new including This a automation fresh more leverages driving mobile-first growth further they workflows, our network customers and demand network is another engagement We Given manage operations. extended to extension our bills provide new and more to in speed that accounts. from and our recently unlocks
payment to convenience experiences more We are continuing SMBs. for our drive enhance to
by have continuous sophisticated payment We enhancements. infrastructure a fueled
making platform payment to payment payment regulatory complexities By complex compliance, transition digital Our experience. comes payments connectivities to are has and by to choice SMBs when deliver complex and accelerate to extremely type rails, their XXX hide We customers is management differ modalities, reaches simple, source SMBs, particularly it countries. a to with payments.
Speed suppliers. simple critical and the look X over our all of flexibility this and This international fast customer. of payment and commerce true the risk needs these is level payment because of XX the offers
Over the provide greater international we value years, the are have clearing leveraging by payment scale unlocking payment local our sophistication grown and to we offering, faster speed. now the and capabilities of
and was make in introduced delivery some mainstream. broadly this for will days our mind, our the with accounting knew us partners.
We operations We banks platform times who partner sensibility XXXX. offering We X and payments. channels embed with to financial will reduce in time. first out allowing month, experience enhanced to we country We to from an the to manage capabilities that largest operations ecosystem near build of with more from clients' a in our roll models their day country trust Our in these last throughout integrate X,XXX multiple real SMBs required nearly
for our partners' We of into and a go-to-market that cohesive understand works X profound our intricacies have experience partners. We integrated functionalities nearly experience decades in product in services. the embedding and creating
to differentiated Our platform ecosystem. of our ripple enabling is expertise our across set competencies and
financial the banks are an for forward Software different front financial leading in were more SMB's why door and partnering to to many can enable and payments operations ago, exclusively them of and charge. to start start are places. with would we with payments.
Fast online the all converging, consumer-based today, does almost sorts beyond software decade banking. an providers. journey and automation That's pioneers A do SMB in with different the journey to can start It we
are us to that to dedication and is the SMBs Many strong. looking payment The customers set we inbound meet focused companies practices, our are themes that workflows, to means and from needs.
Consistent to regardless recognizes broad point. Our our help software address network, dedication and BILL interest from their are industry where vast risk of they for value regulatory hear entry we leadership, customers' they data payment software companies expertise, SMBs. partners
moving this emerging trend. on are fast to We capitalize
companies and We for are easy rapidly embed technology evolving to plug software and our making it play.
platform. a their member suite global Once announced is Xero's small connect ad strategy business bills will platform, efficiently U.S.-based our offerings and can onboarding customers embed available, valorem our a embed and Xero, network. recently, into with large workflows of pay they Our resonating. leading Most
excited and closing, provide are with our not financial while Xero partnership and this more bring insights. automation, about executing businesses and road to working leadership closely results drove control innovation we did offering scale overnight. are happen this great We map to Achieving against to our market.
In
and position continue leadership in investments careful to capabilities planning, sustained will our with execution. strategic extend building We consistent
more we We of millions and is team SMBs an have At to dollars enduring SMBs help trillions aspire BILL, an operations we easily automate are that and their building to make dedicated of serving of and company, that inspired together us our to to market turn and John. well now each opportunity we serve with other. positions continue strengthen to advantage values will the competitive large And unique pursuing.
I'll are the call our this, e-payments. over mission,
