Bill.com Adds PO and Automation Features to Intelligent Platform

Bill.com, a leading provider of AI-enabled cloud software that simplifies, digitizes, and automates complex financial operations for small and midsize businesses, today announced a new set of offerings for its platform, increasing efficiency and convenience for accounting firms and their clients.

The new capabilities include support for a centralized, PO-to-payment workflow; advanced customer support; expanded coverage for cross-border payments; a VIP program for International Payments customers with competitive exchange rates; and increased collaboration with partners including Oracle NetSuite, Sage Intacct, and dozens of value-added resellers.

“Paying bills is one of the most manual processes for many businesses, requiring excessive time and effort. Accountants have an incredible opportunity to create efficiencies and time savings for everyone involved in AP and AR with Bill.com,” said Bora Chung, senior vice president of product for Bill.com.

Here is a closer look at the capabilities offered by Bill.com:

Bill.com purchase orders – This new platform innovation syncs POs directly from Oracle NetSuite and Sage Intacct into the Bill.com platform. Accountants and their clients can compare POs and invoices on one screen, then route bills for approval and payment seamlessly in the same workflow. This eliminates the need to switch between systems for two-way matching and reduces the back-and-forth communication between PO creators and AP managers. Bill.com Purchase Orders is a more efficient and less error-prone way for finance teams to manage their end to end PO-to-payment workflow.

Expanded International Payments – This capability increases coverage for cross-border payments and now encompasses more than 130 countries and 106 currencies. It also includes a new VIP program for qualified accounting firms and clients that conduct high-volume transactions. Qualified customers receive personalized services for account set up, complimentary exchange rate analysis, and access to special rates. With Bill.com International payments, accountants and their clients can use one centralized payment and approvals process for both international and domestic vendors, for greater visibility, convenience, and control.

Multiple client bill approval through the Accountant Console – Accounting firms can see all client bills waiting for their approval in one place and approve them without having to log in to each individual client account. With this feature, accountants can keep an eye on bills that require immediate attention and act quickly across multiple client accounts.
Grid view of bills – Accountants can now opt to see small images of documents in the new Bill.com inbox when they log in, allowing them to maximize efficiency and increase control.

Premium Customer Support: This option includes enhanced support service level options, along with newly introduced training and education services, to optimize workflows and help customers get the most out of Bill.com. Accounting firms can receive fast-track access to chat, email or phone support for prompt personalized assistance as well as advanced training for customizations and continuous on-boarding assistance for new employees.
New resources in the Accountant Resource Center – To help accounting firms better configure, explain, and demonstrate the power of financial technologies to clients, accountants can access blueprints that detail how to integrate Bill.com into their technology stacks along with a video that explains the technologies to clients. Accountants can also find a client demo kit that details how to set up and deliver live Bill.com demonstrations.

Purchase Order sync for both Sage Intacct and Oracle NetSuite will be available by the end of 2019. More information on all of these features can be found at www.Bill.com.