Bill Announces the Launch of BILL Supplier Payments Plus

Published: 2025-06-30 14:05:31 ET BILL

Published on 06/30/2025 at 14:05

BILL announced the launch of BILL Supplier Payments Plus. This innovative new offering helps large suppliers quickly and efficiently process and reconcile high volumes of payments from thousands of SMBs with greater speed, accuracy and ease-while delivering a more seamless payment experience for the businesses they work with. Enterprise suppliers receive thousands of payments from SMBs each day, and processing them can be complex and time-consuming.

missing details and over or underpayments often force cash application teams to spend hours or even days manually tracking down information. Fragmented data across multiple portals only adds to the challenge, delaying cash application and consuming valuable time and resources. At the same time, many existing systems are outdated, slow to implement and still leave critical gaps in payment and remittance workflows.

BILL is tackling these persistent challenges head-on with new innovations that reduce manual work, simplify payments and strengthen the relationships that power B2B commerce. Supplier Payments Plus supports large and enterprise businesses in BILL network by delivering payments and customizable remittance advice - streamlining AR workflows and helping with cash application automation for high-volume, small-dollar payments with missing or messy remittance. The solution works with existing Enterprise Resource Planning (ERP) and automation systems, enabling suppliers to go live in weeks without IT support.

Suppliers can also benefit from new capabilities including custom reports and the conversion of checks to digital payments. Key benefits include: Increased Efficiency: Reduces manual work, streamlines payment processing and lowers costs--freeing up finance teams to focus on high-impact initiatives that drive business growth. Seamless AR Automation: Delivers daily, customizable remittance files, supporting seamless integration with existing or future AR systems. Faster Digital Payments: Converts paper checks to electronic payments, accelerating cash flow for suppliers and giving SMBs a simpler, faster way to pay.