Bill.com Pricing

In the realm of digital payment solutions, Bill.com stands out as a robust platform catering to businesses and accountants alike. With a myriad of features designed to streamline financial processes, many potential users often wonder about the costs associated with this platform. Let’s delve deep into Bill.com pricing, addressing common queries and providing clarity on its value proposition.

How much is BILL software?

The four Bill.com pricing plans are suitable for both businesses and accounting firms. Furthermore, the cost does not change according to the mentioned cost per user. However, they charge extra fees on transactions, which we will mention later.

Is there a charge to use Bill Com?

Yes, there is a charge to use Bill.com. The platform offers different pricing tiers based on the needs of businesses and accountants. The cost varies depending on the features and functionalities you require.

Bill.com Pricing for Business

Bill.com offers distinct business plans designed to streamline accounts payable and receivable processes. The plans are divided into four main sections, as follows:

Accounts Payable

Bill.com offers Essentials and Team plans for Accounts Payable at $45 and $55 per user/month, respectively. Essentials provides manual integration, standard approval policies, and basic features. At the same time, the Team plan offers automatic 2-way sync with select accounting software, custom approval policies, and custom user roles, both enabling various payment methods and vendor connections.

Accounts Receivable

Bill.com offers Business Accounts Receivable plans: Essentials at $45/user/month with manual integration and Team at $55/user/month with automatic 2-way sync with specific accounting software. Both plans feature custom invoice creation, flexible invoicing, payment tracking, automated reminders, and multiple payment options, including ACH and credit card.

AP & AR

Bill.com offers Corporate and Enterprise plans for AP & AR. The Corporate plan is $79/user/month, featuring automatic 2-way sync with select software, custom features, and various payment options. The Enterprise plan, with custom pricing, includes additional sync options, advanced features, and priority support, catering to businesses with multi-entity, multi-location accounting needs.

Spend & Expense

The Spend & Expense plan is $0/user/month, providing access to credit lines from $500-$5M and featuring numerous benefits such as unlimited physical and virtual cards, automated expense management, real-time transaction tracking, easy employee reimbursement, automatic receipt matching, app integration, and flexible rewards.

Bill.com Pricing for Accountants

Bill.com offers specialized pricing for accountants, with plans designed to maximize operational efficiency and accelerate firm growth.

The BILL AP & AR Partner plan is available at $49 per month, providing access to both Accounts Payable and Accounts Receivable features, along with wholesale client subscription pricing. Additionally, accountants can avail of a 10-20% client subscription discount based on the number of clients onboarded.

The BILL Spend & Expense Partner plan is free-to-use, offering access to BILL Spend & Expense, credit for clients, and 10% better rewards. Accountants also receive priority live chat and phone support, enhancing their user experience.

These plans, coupled with features like AI-powered reporting and secure payment processing, make Bill.com a valuable solution for accountants seeking to manage client finances efficiently and securely.

Bill.com fees for transactions

Bill.com fees vary depending on the type of transfer you operate. However, if you pay attention to the details, you will notice that some of the fees come with loopholes.

Also, please pay attention to the actual Bill.com cost before the purchase, as it might cost you more than you expect at the end of the day. In addition, if you use the software for only a few of your payments, keep in mind that you lose a substantial part of its benefits.

Does Bill com charge a credit card fee?

Yes, Bill.com does charge a credit card fee. For transactions made using credit or debit cards, there is a 2.9% transaction fee per payment. This fee applies whether you are paying by credit card or receiving payments via credit card.

The fee is borne by the payer, and for those with existing Vantage accounts, Level 3 processing rates are available. Additionally, international card payments with Visa, Mastercard, and Discover are subject to the same transaction fee.

How much does Bill com charge for international payments?

Bill.com offers various options for international payments. For international wires in local currencies, there is no wire transfer fee, and competitive exchange rates are applied.

However, if the payment is sent in USD, a fee of $14.99 is charged, and additional fees may be incurred by intermediary banks, which are out of Bill.com’s control.

Additionally, international card payments using Visa, Mastercard, or Discover incur a 2.9% transaction fee and are subject to the applicable exchange rates.

Is there a free version of Bill Com?

Yes, Bill.com offers a free version under its “Spend & Expense” plan for businesses, providing features like automated expense management, real-time transaction tracking, and integration with everyday apps.

Additionally, for accountants, the “BILL Spend & Expense Partner” plan is available at no cost, granting access to BILL Spend & Expense, credit for clients, and enhanced rewards.

These free options make Bill.com accessible to a variety of users, allowing them to manage expenses and transactions efficiently without incurring additional costs while also offering premium features in paid plans for more comprehensive needs.

Does Bill.com have a free trial?

Yes, if you’re interested in using Bill.com, you can sign up for a 30-day trial.

To do so, you’ll need to provide your billing information. After the trial period, you’ll have the opportunity to explore all of the software’s features and determine whether it’s worth the investment.

It’s important to note that if you don’t choose a pricing plan before the trial ends, you’ll be automatically charged the Corporate price.

To avoid this, simply select the package that best suits your needs from the Settings menu. Going forward, your monthly bill will reflect your chosen package.

Bill.com Nonprofit Pricing and Special Offers

Bill.com extends special pricing offers to nonprofit organizations, ensuring the platform is accessible and affordable for entities focused on charitable work.

Nonprofits utilizing Bill.com can experience significant time and resource savings, with the platform enabling up to 50% time savings on Accounts Payable (AP). This efficiency allows nonprofits to concentrate more on their mission and make greater impacts.

The platform is versatile, catering to various nonprofit sizes and types, simplifying financial operations, and reducing overhead. Additionally, Bill.com emphasizes security and offers features that help secure transactions and reduce fraud risks.

Bill.com Pricing Review Conclusion

In conclusion, when evaluating Bill.com pricing, it’s essential to consider the various plans available to cater to different needs. The cost of Bill.com per month varies, with plans such as the Essentials and Team available for both Accounts Payable and Accounts Receivable, starting at $45 and $55 per user, respectively.

For businesses seeking more comprehensive features, the Corporate plan is recommended at $79 per user/month, while Enterprise pricing is custom and can be inquired about directly.

Additionally, Bill.com offers specialized plans for accountants and nonprofits, ensuring a tailored approach to subscription costs across different user categories.