Summary
BILL is a financial operations platform for businesses, offering solutions for accounts payable, accounts receivable, and spend and expense management. It enables businesses to automate payments, manage invoices, control spending with virtual cards, and handle international payments, integrating with various accounting software.
Features11/15
See allMust Have
3 of 5
Transparent Low Fees
Borderless Debit Card
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Other
8 of 10
API Integration
Business Account Features
Invoice Creation
Spending Analytics
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Batch Payments
Real-Time Rate Alerts
PricingTiered
See allEssentials
- Manually integrate with accounting software via CSV file import/export
- Easily enter bills
- Automate approval workflows
- Pay by ACH, virtual card, credit card, and more
- Manage bills from a centralized inbox
- Securely connect with +4M vendors via the BILL network
- Set standard approval policies
- Access 6 standard user roles
- Create professional, custom invoices
- Send invoices flexibly
- Track invoices flexibly
- Automate payment reminders
- Get paid by ACH and credit card
- Set auto-charge and auto-pay
- Manual integration with accounting software
- Standard approval policies
- 6 standard user roles
Team
- Automatic 2-way sync with QuickBooks Online, QuickBooks Pro, QuickBooks Premiere, and Xero
- Easily enter bills
- Automate approval workflows
- Pay by ACH, virtual card, credit card, and more
- Manage bills from a centralized inbox
- Securely connect with +4M vendors via the BILL network
- Access custom user roles
- Create professional, custom invoices
- Send invoices flexibly
- Track invoices flexibly
- Set up automated payment reminders
- Get paid by ACH and credit card
- Set auto-charge and auto-pay
Corporate
- Automatic 2-way sync with QuickBooks Online, QuickBooks Pro, QuickBooks Premiere, and Xero
- Manage bills from a centralized inbox
- Easily enter bills
- Connect with +4M vendors via the BILL network
- Access unlimited document storage
- Pay by ACH, virtual card, credit card, and more
- Set custom approval policies
- Set custom user roles
- Get discounts for approver-only users
- Create professional, custom invoices
- Send single or recurring invoices
- Track payment status with ease
- Set up automated payment reminders
- Get paid by ACH and credit card
- Set auto-charge and auto-pay
Enterprise
- Automatic 2-way sync with QuickBooks Enterprise, Oracle NetSuite, Sage Intacct, Microsoft Dynamics, & more
- Sync purchasing orders and automatic 2 and 3-way matching
- Single Sign-On
- Dual control
- Multi-entity, multi-location accounting capabilities
- API access
- Priority support
Spend & Expense
- Get as many physical and virtual cards as you need
- Access budgets with proactive spend controls
- Set up automated expense management
- Manage spend and expense from the mobile app
- Unlock real-time transaction tracking
- Reimburse employees easily
- Get automatic receipt matching
- Integrate with apps you use everyday
- Earn flexible rewards
- Access API and developer resources
Rationale
BILL offers international payments with competitive exchange rates and no wire transfer fees for local currency payments, aligning with 'Transparent Low Fees'. They also offer virtual cards for business spending, which is similar to a 'Borderless Debit Card' in function for online transactions. The platform emphasizes streamlined workflows and faster payments, indicating 'Fast Transfer Execution'. BILL provides an API for integration, various business account features, invoice creation, spending insights, a mobile app, and mentions security and compliance. While they offer international payments, the emphasis is on business-to-business payments and not explicitly on mid-market exchange rates for individual transfers, which is a core 'must-have' for Wise. The virtual cards are for business spend control, not a multi-currency account for holding balances.
