๐ง๐ต๐ถ๐ ๐๐ ๐ ๐๐๐๐ ๐ฅ๐ฒ๐๐ถ๐ฒ๐ Our finance team spent 6 hours a week on accounts payable. They were not processing payments, but managing the chaos around them. They had to chase down approvals, manually re-enter vendor data, and email reminders.
We tried a few AP tools and BILL kept coming up. Here's what we found after testing it.
- BILL has a two-way sync with QuickBooks Online and Xero.
- Approved invoices appear in your accounting system automatically with the correct codes, vendor, and amount.
- You do not have to re-enter data.
BILL's vendor network is also useful. They have a database of over 5 million vendors with registered bank details. When you add a new vendor, they might already be in the system. This means you can skip the step of asking for their bank info.
Pricing has gone up since 2022. Current plans cost $45-79 per user per month, plus transaction fees. A 2-person finance team on the Corporate plan would pay around $158 per month before processing any payments.
For businesses with 20+ invoices per month and multi-level approvals, BILL might be worth it. But for a founder who approves only a few invoices per month, it might not be.
BILL has a 4.5/5 rating on G2 and a 1.9/5 rating on Trustpilot. This is because G2 reviewers are mostly finance teams, while Trustpilot reviewers are mostly small business owners.
If you use BILL for its core workflow, you will probably have a good experience. But if you are a solo founder with a simple workflow, the economics and support might be different.
Based on our testing, BILL is a good fit for you if:
- You use QuickBooks Online or Xero
- You process 20-300 invoices per month
- You need multi-person approval workflows
- You have vendors who need international wire payments
BILL might not be worth it if:
- You do not use an accounting system
- You process fewer than 15 invoices per month
- You do not need approval workflows