The difference between a decent accounts payable platform and a great one lies in what AP software can do for you. The right software helps your AP teams and approvers spend less time working with the accounts payable process, giving them more flexibility to focus on other aspects of the business.
Why is BILL the leading provider of AP automation, used by more than 80% of the top 100 accounting firms in the United States? Let’s start with how invoices enter the system.
Vendors can email a digital invoice directly to your dedicated AP address, and the platform starts to process it automatically upon arrival. Still getting invoices on paper? Drag and drop pdf scans into BILL on your computer, or snap a picture with your mobile phone and upload it. It's that easy.
Powered by BILL Artificial Intelligence, BILL gets started as soon as incoming invoices are detected, reading them and extracting data with state-of-the-art optical character recognition, then collecting and entering that information for your review.
Once you confirm that the billing codes, amounts, and other information are correct, BILL automatically routes the invoice to the right people according to your own flexible, customizable workflows. Automate workflows with as many specific rules and controls as you need.
Choose any of our popular payment methods—ACH, virtual card, international wire, or even paper check—and pay with just a few clicks.
Sync your BILL data with your accounting software to keep your general ledger up to date automatically.
But one of the biggest advantages of BILL is how much of a resource the app can be when things don't go right with an invoice—because there are different types of mistakes, problems, discrepancies, or suspicious activity. For example, if a vendor sends a duplicate invoice. Or if an approver is requesting information because they think the amount looks off.
The app has the ability to perform invoice matching and purchase order matching, flagging potential duplication to reduce the chance that you’ll pay the same bill twice.
And any back-and-forth conversation about a bill is stored with the bill itself—logged and time-stamped in a permanent, detailed audit trail just like every other touchpoint from entry to payment, for the kind of transparency investors and loan officers love.
Better yet, BILL is extremely easy to use. Actionable items show up in a user-friendly to-do list. Visible alerts highlight tasks that need your attention. Your team can hit the ground running without complicated instructions, fancy webinars, or in-house training from expensive consultants.
Ready to learn more? Take a product tour on demand, schedule a free personalized demonstration, or start today with a trial by clicking the “Get Started” button below.
We’d love to show you what BILL can do for your AP process.