BILL to Unify Procure-to-Pay Workflows

BILL announced new procurement capabilities and other innovations to seamlessly unify procure-to-pay workflows with AP, AR, spend and expense and insights and forecasting in a single, intuitive platform.

“In an uncertain environment, control and visibility of cash flow is not only key to efficiency – it’s one of the most powerful levers a business has to be more resilient. Legacy spreadsheets and disparate tools are costing American businesses time, money and opportunity, and BILL is the only technology partner delivering more control, more value and more innovation SMBs need and deserve,” says René Lacerte, CEO and founder of BILL. “Our expansion into procurement reinforces how BILL is driving innovation and setting new standards for helping businesses and accountants to manage and control their cash flow, eliminate ‘busy work’ and make strategic decisions that drive long-term growth and success.”

Key takeaways:

·       BILL Procurement gives businesses the ability to manage, approve and track purchase orders with speed, precision and control. It harnesses AI to streamline procure-to-pay workflows, reduce manual work and boost efficiency, all within a single, intuitive workspace.

·        BILL Multi-Entity enables businesses and accounting firms to manage payments across multiple organizations from a single, centralized platform. It enables businesses to add new entities and manage payments, expenses and approvals across multiple organizations within one platform; and gain centralized financial oversight with streamlined cash flow management, bill approvals and payment processing across entities for enhanced visibility and control.

·        The BILL API Platform empowers businesses and accountants to tailor financial workflows to meet their unique needs. Businesses can integrate BILL’s financial capabilities into their existing systems to streamline workflows; and build and automate custom financial processes to reduce manual entry, improve efficiency and support compliance.