BILL Reviews

BILL (formerly bill.com) is a software company based in the United States and is preferred by most of the top 100 accounting companies in the country. The company’s mission is to free SMEs from the burden of manual processing.

BILL is an integrated financial operations platform designed to automate and control business processes, including accounts payable, accounts receivable, spending, and expense management. It offers a centralized view of all urgent tasks and seamless integration with accounting software to reduce manual data entry and speed up month-end close.

Key features include:

BILL is a comprehensive solution for businesses seeking to automate their financial operations. It offers a range of tools for efficient management and control.

Details of BILL Features

Moving on with the BILL review to the features section to see what this software can do. As with any review, we advise you to take this with “a grain of salt.”

Accounts Payable

If you have experience with accounting software like Xero, NetSuite, etc., you would know that most of them already cover a significant portion of accounts payable. However, with specialized accounts payable software like BILL, you can streamline your accounting process and keep track of all your payments without having to enter the data twice.

By integrating BILL with your existing accounting software, you can avoid any errors in accounting and keep your bills organized and up-to-date consistently. With its automation and segmentation of payments, you can easily delegate bills to certain parties or automate them completely.

Automating bill payments can save up to 50% of your time and ensure that you never miss paying your bills. However, if you are not fully comfortable with automating the process, you can still enjoy the benefits of being notified when bills are due and setting a level of permissions.

Accounts Receivable

BILL (formerly bill.com) takes a comprehensive approach to managing receivables. First, the tool provides a customizable invoicing template to create and personalize invoices directly in the accounts receivable software.

Second, the platform allows you to send and track invoices, including through US Post.

Third, you can send payment reminders to customers to ensure timely payments.

Fourth, customers can choose from a variety of payment options, including direct withdrawals from their bank accounts, enabling faster payments.

Finally, BILL reconciles your accounting system with the AP/AR software, ensuring seamless integration.

International Payments

Send international payments as easily as you send domestic payments.

Let’s review what BILL means by this. Thus, to be more specific, the company offers the option to send as easily as possible in the domestic market payments through two:

Automatic Check Payments

These two features function similarly. However, one of the main advantages of using BILL is its ability to automate checks and ACH Payments. You may be surprised to know that checks are still a commonly used payment method in the US, despite the prevalence of electronic payments.

Vendors often prefer checks for one of two reasons: they may prefer paper records, or they wish to avoid credit card fees. For example, your landlord may require check payments, which can be a time-consuming process. BILL can simplify this process.

Now, let’s take a look at how automated check payments work.

Finally, after going through all the steps, you will check what happened with the transaction and avoid the mess that spins around check payments.

ACH Payments

ACH is a method of transferring money electronically between banks in the United States. However, it is not as commonly used as other methods because vendors need to share their bank account information to enable it.

It offers a solution to this issue by facilitating ACH Payments in a similar way that it does with checks. Additionally, you can invite vendors to set up payments, connect with them, and use BILL to transfer the money securely and easily.

Keep in mind that, against an extra cost, BILL gives you the option to speed up the process.

1099 Contractor Payments

BILL integrates with Tax1099 and optimizes this through it. The software lets you import all the information through CSV. files if you do not use the list.

Customer Service

Although the tutorials provided by BILL are helpful and well thought-out, some customers may require more assistance than just a video to properly set up the software. Unfortunately, it does not offer phone support, which can be frustrating for those who are not willing to wait for email replies.

While the tool itself is simple to use, we believe that their customer support service could be improved. It’s worth noting that if you have a product that integrates with the software, you may be able to receive some support through that integration.

Ultimately, the satisfaction of the end customer should be the top priority, and offering phone support as an option should be considered to enhance the overall customer experience.

BILL App

The software offers the option of approving bills or sending invoices on the go from the BILL app. The apps offer the full functionality of the cloud version with the extra mobility associated with the applications.

BILL Integrations detailed

BILL com comes with several integrations, as follows:

BILL Review Conclusion

In conclusion, our review of BILL has led us to confidently say that it is easy to use. While it may lack customer service, it certainly makes up for it with its automation and time-saving features.

Additionally, it has an impressive range of integrations that make it accessible to 80% of small and medium-sized businesses. We would love to hear your personal review of BILL, including what you love and what you don’t.

BILL Frequently Asked Questions (FAQs)