BILL (NYSE: BILL) is a leader in financial automation software for small and midsize businesses (SMBs). Founded in 2006, BILL provides cloud-based solutions that help SMBs streamline and automate their financial operations.
BILL's platform offers three core solutions:
BILL Accounts Payable: Automates the entire AP process including invoice entry, approvals, and payments.
BILL Accounts Receivable: Automates invoicing, estimates, payment tracking, and collections to help businesses get paid faster.
BILL Spend & Expense: Combines free software with corporate cards to provide real-time visibility and control over business finances. This was previously known as Divvy.
The platform integrates with popular accounting software and offers features like customizable dashboards, real-time insights, and various payment options including virtual cards and real-time payments. BILL aims to help SMBs optimize cash flow management and make more informed financial decisions.
As of June 2023, BILL reported serving over 460,000 businesses and processing USD 266 billion in total payment volume annually. The company is headquartered in San Jose, California and went public on the New York Stock Exchange in 2019. BILL continues to innovate its platform, recently adding capabilities like cash flow forecasting and insights to help SMBs better predict and manage their finances.
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