BILL Spend & Expense
AI-powered expense management with corporate cards for real-time visibility and control.
Executive Summary
BILL Spend & Expense is an all-in-one financial operations platform designed for small and midsize businesses (SMBs). It integrates AI-powered expense management software with corporate cards (BILL Divvy Card) to provide comprehensive control over business spending. The solution aims to simplify and automate the entire expense process, from transaction capture to reconciliation, offering a unified approach to managing business finances. Key features include instant visibility into spending, automated controls, and streamlined expense reporting. The software leverages AI to automatically match receipts, categorize expenses, and verify transactions, significantly reducing manual effort and ensuring data accuracy. It supports both physical and virtual corporate cards, enabling businesses to effectively manage employee spending and enforce spending policies in real-time. Primarily targeting SMBs, BILL Spend & Expense helps businesses achieve a cleaner financial close by automating tedious tasks and providing real-time data. It is positioned as a free software solution when used in conjunction with their corporate cards, offering substantial value by eliminating hidden fees and providing robust spend management capabilities to empower better financial decisions.
Use Cases
- Automating expense reporting and reconciliation for employees and finance teams.
- Controlling employee spending with real-time budgets and virtual corporate cards.
- Streamlining procurement processes by managing purchases and approvals.
- Gaining instant visibility into company-wide spending for better financial decisions.
- Simplifying month-end close by automatically categorizing and verifying transactions.
Technical Specifications
- Architecture
- Cloud-native platform with a unified API infrastructure supporting AP, AR, and Spend & Expense products.
- Deployment
- SaaS
- API Available
- Yes
Integrations
- QuickBooks
- Xero
- NetSuite
- Sage Intacct
- Microsoft Dynamics 365 Business Central
- Gusto
- ADP
- BambooHR
- Workday
- Slack
- Digits
Security & Compliance
Certifications: SOC 2
Encryption: Data encrypted in transit and at rest.
Pricing
- Model
- Free software with corporate card usage
- Starting Price
- Free (with BILL Divvy Card)
- Target Customer
- SMB,Mid-Market
- Free Trial
- No
About bill
Bill (Bill.com) is a cloud-based payments and financial operations platform that automates accounts payable and receivable for small and midsize businesses. The company provides software to digitize billing, approvals, and payments, integrating with accounting systems to streamline cash flow and finance workflows.