Bill.com
Bill.com (NYSE: BILL) is a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMB). Our tailored offering for wealth management firms supporting high-net-worth clients, enables firms to shift from a cumbersome andtime-intensive approach to an automated and secure bill payment process.
What sets Bill.com apart?
"Our mission is to make it simple to connect and do business."
Product
Get an overview of what this software does.
Main tasks
- Accounting
- Data aggregation
- Consolidated reporting
Top features
- Efficient AP/AR end-to-end workflows
- Multiple payment options (e.g., check, ACH, wires, virtual card)
- Advanced, customizable approval workflows
- Automatic sync with key accounting systems
- Intelligent virtual assistant eliminates data entry
- Unlimited online document storage
- Easy audit-ready trails
- Online and mobile access
- Robust reporting options
- In-product live chat
- Simple onboarding and fast setup
Whitelabel
- Yes
Type Of Software
- SaaS
Security
- 2-factor authentication & single-sign-on (SSO)
- SOC 1 and SOC 2 attested
- Encrypted using Transport Layer Security (TLS)
- Protection against check fraud using automated Positive Pay service
- Partners with a PCI certified vendor for credit card payments
- More information here
Integrations
- General ledger (automated sync): QuickBooks, Xero, Sage Intacct, NetSuite, Microsoft GP/BC
- CRM: Salesforce, Proposify
- Spend/expense management: Divvy, Expensify, Tallie, ReceiptBank
- Document storage: Hubdoc
- Mailing: Earth Class Mail
- Project management: WorkflowMax
- Tax 1099
Mobile App
- iOS
- Android
Accuracy
- Real-time automated syncs with general ledger accounting systems
- Intelligent virtual assistant codes incoming bills in real time (with auto-duplicate detection)
- Digital audit-ready trails to review every transaction
Custodians
- Partner with thousands of accounting firms and top banks
Multi-currency
- Bill.com supports payments in more than 130 countries and currencies.
Cost structure
- Monthly subscription
- Transaction fees
Key Company Info
Have a look at the company, clients and references to learn whether this is a match for you.
Employees
- 500+
Revenue
- $157 million (2020)
Founded
- 2006
Ownership
- Public company (NYSE: BILL)
Incorporated
- United States of America
Locations
- San Jose, California & Houston, Texas (USA)
Top 5 Markets
- United States of America
Focus
- Multi-family offices
- Single-family offices
- Independent financial advisors
- Registered investment advisors
Serves also
- Individual wealth owners
- Banks
Number of clients
- More than 110k small and mid-sized segments
- More than 2.5 million network members
Selected cases are available on the Bill.com site if you would like client references, please let us know.
Request ReferencesWhat do clients say about Bill.com?
“Bill.com has been a total game changer for our firm and we could not be happier with the move! It has transformed the way we service and engage with clients, allowing us to shift from a cumbersome and time-intensive process to a streamlined and secure digital platform.”
Josh Levine, Founder and CEO of Cornerstone Family Office
Support & Services
Learn what support and services you can expect
Support options
Chat
Email
Phone
Pricing of support
Varies based on the specific tier and packaging
Onboarding
Our cloud-based SaaS solution can be quickly setup and onboarded in a few hours without requiring external implementation partners.
End customers are able to self-onboard in most cases, and BDC offers onboarding sessions to those customers who require additional support.
Customisation
Complete and customisable end-to-end approval workflow.
Also, tailor your AP/AR workflows to meet your needs.
Added services
Comprehensive online resources for training and troubleshooting
Professional product experts are available.
We also reviewed some other Accounting Providers
FAQs
FAQs about Bill.com
Q
What is Bill.com?
A
Bill.com is a third-party financial and accounting management company.
Q
What does Bill.com do?
A
It is a cloud-based software that digitises and automates manual and tedious back-office financial processes for small and medium enterprises.
Q
How does Bill.com work?
A
Bill.com works by automating manual bill payment(both domestic and international), providing an integrated vendor-client platform and a secure, cloud storage space for invoices, contracts, and other vital business documents. Bill.com also offers a user-friendly dashboard for more insightful monitoring of the workflow.
In the media
