Pete Kight and Steve Cakebread have joined the Bill.com Board of Directors

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Bill.com, a leader in financial process automation, has announced that long term payments executive Pete Kight and SaaS industry leader Steve Cakebread have joined the company’s board of directors. These new members will leverage their experience to support the company as it works to digitize, automate, and simplify legacy paper-based financial processes.

“I am pleased to welcome Pete and Steve to the Bill.com board of directors,” said Bill.com CEO Renė Lacerte. “Each of them brings key operating and governance expertise to our team. Pete founded CheckFree and disrupted consumer payments with innovative software and game changing partnerships, and Steve is a SaaS leader from category-defining companies like Salesforce and Pandora. Both Pete and Steve have extensive governance experience that will serve the board and the company well as we continue to grow and expand the back office cloud."

As one of the pioneers of digital payments, Pete Kight transformed the industry when he founded CheckFree with the vision that digital payments would eventually replace paper checks and cash. The company went public and was acquired by Fiserv. Kight has served on the board of several companies, including BillGO and Huntington Bancshares Incorporated.

“Rene’s cloud approach is just one of the tools he has used to make Bill.com a prominent leader in the financial process automation industry,” said Pete Kight. “I’m looking forward to sharing my experience to help guide the company as it continues to innovate and grow.”

Steve Cakebread is known for leading rapidly growing cloud companies. He currently serves as CFO of Yext and was previously on the board of directors at ServiceSource. Cakebread also held the role of CFO at both Salesforce and Pandora Media, Inc. and served in leadership positions at Autodesk and Hewlett Packard.

“There’s a massive need for back office innovation for small and mid-size companies,” said Cakebread. “I have experienced the challenges of back office automation, and Bill.com simplifies complex financial processes and B2B payments by providing an automated, end-to-end workflow.”

For more information about Bill.com's financial process automation for accounting firms, small businesses and mid-size companies be certain to check out Insightful Accountant's recent Software Second Look: Bill.com feature. You can also visit the company's official website.