Bill.com is an excellent standalone accounting service with advanced accounts receivable and payable management, plus the ability to create multiple approval levels. No other service provides its set of features and sophisticated workflow. Bill.com’s packages are scalable for different-sized businesses and offer a range of useful features. All plans include standard approval workflow, unlimited document storage, payment support, and AI-powered data entry. Bill.com is not accredited by the Better Business Bureau (BBB) but has a B rating on the site. On TrustRadius, Bill.com received a score of 7.7 out of 10 based on more than 270 reviews.
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Bill.com costs anywhere from $45 per user a month up to $79+ per user per month. For Bill.com Enterprise pricing contact Bill.com or RevPilots to acquire pricing. There’s also efficiency to enjoy with its batch payment tool, giving you the chance to pay up to 1000 invoices in one go after uploading a single, simple file. The audit trail shows who edited the transaction, when it was edited, what field was affected, and what changes occurred.
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Even though the mobile apps are quite capable, I found it easier to work with Bill.com on the desktop. Spend Management – Build a budget with admins and users, divvy out funds, and watch spend come in exactly on target. A matter of case-by-case analysis to see if the benefit outweighs the cost/cost-savings for each business. The pricing was very standard, reasonable, and inexpensive.
General A/P Features
- Are you looking for Bill.com pricing and package details, with Bill.com alternatives?
- Once done, the bill cannot be edited or deleted to preserve the integrity of accounting records.
- Although the pricing seems straight forward, it is important to note the fine print and be aware of the transaction fees.
- Once bills have been submitted for payment, all transactions will transfer to the Payments Out screen.
- Financial websites must have numerous report templates that match the scope of the application and can be customized to meet individual company’s needs.
- Customers can log into a password-protected site and authorize payment for invoices you’ve sent.
The next two sections are divided into Payables and Receivables. If a menu entry can link to multiple related pages, hovering over it opens a submenu. bill com price For example, if you hover over Invoices, a submenu drops down containing links to Open Invoices, Recurring Invoices, and Credit Memos.
- If you’re looking for a tool to deal with your accounts payables and receivables, BILL could be a suitable platform for you.
- Both payables and receivables; includes workflow options with additional integration features and custom pricing.
- Moreover, things will get easier if you send invoices to other BILL users.
- Before Forbes, Jeff worked for ten years in marketing consulting, in roles ranging from client consulting to talent management.
- No other service provides its set of features and sophisticated workflow.
If you think that you need to manually assign approvers per invoice, you can let BILL do the majority of the work for you through Bill Approval Policies. When you receive a bill from a vendor, BILL captures important information like the due date, invoice number, invoice date, and amount due from the PDF or scanned vendor invoice automatically. In the image below, you’ll see some fields completed for you automatically.
BILL Pricing Overview
- For those who want to invest in the switch to online payment, Lacerte’s company is the only “pure play,” she adds.
- However, Invoice Home is limited to invoicing templates with an integrated payment gateway.
- When you enter something in the memo field, the same will appear in the memo line of the check.
- And with Pay By Card, you can pay vendors by credit card, even if they don’t typically accept them.
- Hover over this list, and an additional list containing matching text descriptions for each icon slides out.
- BILL scored excellently in general A/P features, but it missed only on some minor features.
However, Bill.com offers unlimited document storage, which FreshBooks doesn’t, and FreshBooks offers integrated time-tracking, where Bill.com doesn’t. Bill.com is unique in that it unites businesses, accountants, and banks in business payments. It brings together systems, documents, and people to simplify the process of paying bills, receiving payments on invoices, and keeping books up-to-date. BILL lets you automate invoices and give your customers an intuitive, simple way to pay. Not only can these invoices can be created at scale, but they can also be customized to fit your brand through custom invoice fields and template design.
Related Quote from Verified User
There are 30 million small businesses in the U.S., but getting even a tiny fraction of them to adopt something new isn’t easy. Lacerte saw partnerships as the way and started out pitching Bill.com to accountants who each had dozens or hundreds of small business clients. After five years, he had https://www.bookstime.com/ sold it to 1,500 accountants—hardly the sort of fast adoption venture capitalists crave. “Many of René’s early investors were sometimes frustrated by the ‘slow’ progress in the early years,” says Tom Blaisdell, a former partner at venture firm DCM who led its 2006 investment in Bill.com.