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Payroll isn’t just a back-office function; it’s a strategic engine that powers both financial performance and employee confidence. Every payroll run influences cash flow, compliance, and reporting accuracy, while shaping how employees perceive their value within the organization. This special report reframes payroll as a critical driver of financial discipline and a cornerstone of the employee experience, elevating it from…
Payments software company Bill.com has raised $1.9 billion in a combination of a secondary stock offering and convertible debt issue. The company recently closed both capital-raising rounds.
Proceeds to the company were $1.17 billion from the stock sale and $560.1 million from the issuance of the notes Most proceeds will go to general corporate purposes with $37.9 billion in notes specified for capped call transactions.
The company issued $500 in debt with underwriters opting to buy and additional $75 million in notes and $1 billion in stock with underwriters exercising their option to purchase $150 in additional shares.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind