A Leader in Accounts Payable Automation
Humble Beginnings and Perseverance
The Paypool brand was created to better differentiate our AP automation solution, formerly known as Anybill, from a diverse suite of payment products and services. Paypool’s AP automation technology and services are still supported by the same staff, technology, and corporate team that has been in place since 2001 when Anybill was founded.
When Matt Voorhees and Pat Roche started Anybill in 2001, they already had significant experience dealing with accounts payable challenges. It did not take long for them to realize they were onto something big. From the start, Anybill was self-funded and quickly established key partnerships with local accounting firms, and began to build its client base in and around the Washington, D.C. area. That local presence quickly became a regional and national one, as the company continued its expansion.
Steady Growth Through Strategic Expansion and Market Validation
By the time that competition hit the emerging accounts payable market, Anybill already had the reputation of an industry leader. Foresight led them to create an infrastructure that was scalable to accommodate growth and support expansion as Anybill developed additional services. Anybill was one of the early software-as-a-service (SaaS) providers in the market. The company poured significant accounts payable experience into its SaaS platform, offering clients and partners a full-service AP solution that included foundational elements such as advanced workflow, document management, and payment services.
We began to use the Paypool name in 2017 and will continue to increase the service scope under this brand. The technology infrastructure, staff and resources supporting Paypool’s AP solution remains the same, with a foundation and history going back to 2001.
Paypool Community Involvement
From a business perspective, Paypool has expanded nationally but stayed true to its roots in the Washington, D.C. area. The same is true of our charitable efforts, as the company supports causes with both local and national impact.
Paypool has a strong relationship with the American Heart Association, sponsoring their events and participating in their campaigns over many years. CEO Matt Voorhees was chairman of the Washington, D.C. area Heart Ball for two years, and many other individuals contribute their services to heart.
From a local community perspective, Paypool supports Companies for Causes (CSC), an organization founded to involve businesses in contributing to their local environment. Currently, CSC is focused on supporting Eastern high school, as well as the elementary and middle schools that feed into Eastern. This includes student mentoring, sponsoring internships, and whatever other assistance is needed.
Continuing in the education area, Paypool is a proud sponsor of Social impact 360, an organization founded to establish social entrepreneurship mentoring for students in some of the top colleges and universities in the country. Si360 currently works with numerous schools and has 1,000+ alumni from its program.
The Paypool Management Team
CEO and President
Since co-founding Anybill, which has since spun its AP Automation solution to the Paypool brand, Matt has continued to grow as an entrepreneur, starting successful ventures in a variety of industries, both nationally and internationally. He continues to provide leadership and oversight for the company, lending his talents to its strategic development and continued expansion. Matt is coveted for his viewpoints building successful companies, and is regularly invited to speak about entrepreneurship on television, through social media, and at business conferences.
Matt holds a Bachelor of Arts degree in English from Kenyon College and is on Kenyon’s Board of Trustees. Matt remains actively involved with many not-for-profit organizations, and is highly regarded for his dedication and passion to a variety of causes.
Patrick W. Roche
Vice President, Secretary and Treasurer
Pat remains involved in the Anybill and Paypool business and provides oversight in a variety of areas. During his tenure, he developed the company infrastructure and continues to be involved in strategic decisions regarding operations and technology. His expertise is valued for all aspects of Anybill’s operations, especially the managed services and solutions development areas.
Before Anybill, Pat was involved with numerous business ventures, including as owner and executive for a manufacturing supplier company. He was integral to this company’s growth by leading the development of a state of the art operations production facility.
Chief Operating Officer
Rudy oversees the daily and long-term strategies for Anybill and Paypool’s managed services, including all operations. This includes customer service, the client implementation team, and production operations for document management and payment processing. He works closely with the technology department, contributing to solutions development, application management, and quality assurance.
He has been a critical part of the company since 2004, involved in all aspects of the business, and maintains relationships with all clients and partners. Rudy holds a Bachelor degree in Finance from the University of Maryland. He resides in Maryland with his wife, Dia and their three children.
Joe manages Anybill and Paypool’s Treasury team and serves as in-house legal counsel. In these capacities, he provides oversight for the treasury functions and banking relationships, as well as manages all client contracts and business agreements. He was critical to Anybill’s acquisition strategy when the company acquired the payment services business from Thomson Reuters tax compliance practice in 2012.
Prior to joining Anybill, Joe worked as a consultant in Deloitte’s London office. He holds a BBA in Accounting and Finance as well as a Law Degree from the University of Wisconsin-Madison, and is completing a Wharton Executive MBA degree from the University of Pennsylvania. Joe enjoys traveling internationally, as well as being athletic and competing in marathons and his first triathlon.