Business software as a service (SaaS) provider Bill.com launches an upgrade to its businesses on-demand accounts payable software products in order to provide its small- and medium-sized business customers with a more effective means of automating bill approval and payment processes.

The upgraded level of automation and integration of accounts payable processes is to contribute to the optimal functioning of the company’s paperless approval workflow services, business and financial approvers, bill payment and integrated fraud protection functions. Bill.com’s new SaaS package also features an upgraded user interface as well as higher accessibility to a company’s financial documents and audit trail information.

Bill.com executives expressed their hopes that the company’s upgraded software solutions are to determine their business customers to give up paper bills, check writing and paper-based audits in favor of a fully automated, paperless business model.