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BILL’s solution helps large suppliers reconcile high volumes of SMB payments by streamlining AR workflows and helping with cash application automation for high-volume, small-dollar payments with missing or messy remittance

July 2, 2025 //  by Finnovate

BILL has launched BILL Supplier Payments Plus, an innovative new offering that 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. 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. For the SMBs that work with these large suppliers, BILL is enabling faster payment confirmation, reduced overhead to help track down payments, and a more seamless way to transact and do business. 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.

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Category: Channels, Innovation Topics

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