BILL

BILL is invoicing and accounts payable software for small and midsize businesses, with approval workflows, ACH and check payments and two-way accounting sync.

BILL is invoicing and bill payment software for small and midsize businesses that want approvals, payments and their accounting records in one place. It comes from BILL Operations, LLC, which has sold the service since 2006 and runs the spend and expense side of the same platform. One login covers the money coming in and the money going out, so a controller does not keep a separate tool for each direction. On the receivable side, Accounts Receivable builds invoices from a template a business brands with its own logo and fields, sends them by email or by US mail, repeats them on a schedule and nudges customers with automated reminders. Customers pay by ACH or card from the invoice, and auto-charge and auto-pay settle regular accounts without a follow-up. Accounts Payable takes vendor bills through an approval chain and pays them by ACH, mailed check, virtual card or international transfer. Around those sit Procurement, 1099 filing, the Accountant Console, cash flow forecasting and an API, while BILL Spend & Expense adds budgets, reimbursements and the BILL Divvy Card. BILL suits finance teams at companies large enough to route approvals and small enough not to run a full ERP, along with the accounting firms that keep their books. It fits businesses already on QuickBooks, Xero, NetSuite, Sage Intacct, Microsoft Dynamics or Acumatica, because the two-way sync is the point of the product. Nonprofits, construction firms, professional services practices and multi-entity groups are the customer types BILL builds for. It is bought as a per user monthly subscription, with each ACH, mailed check, wire and 1099 filing charged as its own payment fee. A bill inbox, an approval queue and a payment run make up the daily routine, with invoices going out on the same platform and their status tracked until the money arrives. Mobile apps for iOS and Android let an approver clear bills and send invoices away from a desk. BILL connects to accounting ledgers, Slack and HRIS systems, and sits beside the bank accounts and card programs a business already holds. Vendors and customers meet it through the BILL network, where payment details are held once and reused.