In the business landscape, cash flow control is a critical component of success. However, many business and finance leaders struggle to make strategic financial decisions due to the lack of confidence and data visibility. A survey revealed that 6 in 10 financial leaders cite managing cash flow as a top priority in 2025, yet almost two-thirds admit they cannot improve their cash flow or forecast guidance with spreadsheets. Moreover, half of finance leaders report zero automation of their procurement process. These challenges are further exacerbated by the use of legacy spreadsheets and disparate tools, which can lead to inefficiencies, cost, and missed opportunities. To address these issues, BILL, a cloud-based management system for small and midsize businesses (SMBs), has introduced new procurement capabilities that unify robust procure-to-pay workflows with AP, AR, Spend & Expense, and Insights & Forecasting in a single, intuitive platform.
Harnessing AI for Streamlined Procurement
With BILL’s procurement capabilities, businesses can harness AI to streamline procure-to-pay workflows, reduce manual work, and boost efficiency. This innovation is critical for growing and dynamic businesses that require real-time visibility into their spend and cash flow.
- Eliminate manual data entry and processing, freeing up staff to focus on higher-value tasks.
- Reduce the risk of errors and discrepancies by leveraging AI-driven approval routing and automated invoice matching.
- Streamline procurement processes to improve speed, precision, and control.
Paying and Customizing at Scale
BILL has introduced three new innovations to deliver payments and integration capabilities at scale:
- BILL Multi-Entity enables businesses and accounting firms to manage payments across multiple organizations from a single, centralized platform. This capability simplifies bill pay operations and provides enhanced visibility and control for leaders.
- The BILL API Platform empowers businesses and accountants to tailor financial workflows to meet their unique needs. This platform allows for the integration of BILL’s financial capabilities into existing systems to streamline workflows across AP, AR, and Spend & Expense.
- The ability to pay thousands of bills at a time, with smarter bill selection, faster processing, and improved error handling, is a game-changer for finance teams. This enhancement reduces manual work and keeps payments flowing without disruption.
SMBs and Accountants Welcome BILL’s Innovations
The introduction of these procurement capabilities has been well-received by SMBs and accountants. Francisco Santa, Director of Finance, Operations at Distinctive Schools, stated, “We’ve broken free from spreadsheet purgatory and the chaos of manually tracking purchase orders across outdated, disjointed systems—and we’re not looking back. BILL Procurement gives us real-time control over spending and cash flow, which is critical for our continued growth.”
Michelle Hodges, CPA, Principal, Public Sector, Finance and Accounting Solutions, Rehmann, also praised the introduction of these capabilities, saying, “The role of accounting firms is evolving as clients seek more strategic guidance to make better business decisions. BILL helps us deliver on that promise by giving us real-time visibility into spend and future cash flow, allowing us to move our clients beyond spreadsheets. With BILL Procurement, we’re scaling procurement services to improve efficiency, accuracy and compliance, empowering clients to grow with confidence and shape the future of advisory.”
Unlocking Cash Flow Control with BILL’s Innovative Procurement Capabilities
By introducing these procurement capabilities, BILL has reinforced its position as a category leader in the management of cash flow and procurement. With its innovative platform, businesses can confidently run, grow, and succeed by taking control of their cash flow and winning. As René Lacerte, CEO and Founder of BILL, stated, “In an uncertain environment, control and visibility of cash flow is not only key to efficiency – it’s one of the most powerful levers a business has to be more resilient.