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AP Automation for NetSuite (Classic)

BILL – Fully Automated AP/AR for NetSuite

Status: Unverified

BILL helps automate your accounts payable (AP) and accounts receivable (AR) processes and saves you up to 50% more time, while delivering all the control you need. Bill.com syncs with NetSuite to improve team productivity and reduce errors. BILL complements NetSuite with document management from a single AP inbox, AI data capture, approval routing, separation of duties, domestic and international payments, 3-way matching, and a mobile app.

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Description

Fully Automated AP Solution for NetSuite

BILL is a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses. Customers use the BILL platform to manage end-to-end financial workflows and to process payments. The BILL AI-enabled, financial software platform creates connections between businesses and their suppliers and clients. It helps manage cash inflows and outflows. The company partners with several of the largest U.S. financial institutions, the majority of the top 100 U.S. accounting firms, and popular accounting software providers.

Key Benefits

  • Save time by streamlining AP workflows and payments
  • Simplify AP with a system that’s easy to implement and use
  • Gain greater control over your financial processes and more visibility into cash outflows

Customer Quote

Our bill paying processes were very rudimentary. When an invoice came in, we’d manually enter it into NetSuite, store the invoice on Box, print out paper checks, and I would sign them all. I was the AR clerk, the check signer, and the CEO, but I knew I couldn’t continue to do all of those jobs as we scaled. With BILL, we only need one part-time AP clerk to process all of our bills, despite our exponential growth rate. It has enabled us to easily scale, without having to find and hire another AP clerk in a very tight employment market.

– Robert Thompson, Chief Executive Officer of Emerge Diagnostics

FAQs

  • How is this different than my online bank bill pay? Online banking is just the payment piece of the accounts payable process – it doesn’t include documentation, approvals, or sync with NetSuite.
  • How is this different than NetSuite?  While AP and AR are core financial processes, it’s not the core problem NetSuite solves, which is why they’ve chosen BILL as a preferred partner. BILL offers streamlined document management and data capture and payments for AP, and easy invoicing and collections for AR, plus a mobile app to manage it all from anywhere.
  • How long does it take to get up and running?
  • Sign up and get started ASAP, in days, not weeks.
FEATURES

Save time by streamlining AP workflows and payments

  • Save 50% of your time on payables —time that you can devote to more strategic work
  • Reduce data entry and improve accuracy with AI-driven invoice capture and duplicate invoice detection
  • Free yourself from paper with a digital workflow and unlimited cloud storage for invoices, bills, and contracts

Simplify AP with a system that’s easy to implement and use

  • Monitor cash and payables in real time with 2-way sync between BILL and NetSuite
  • Pay vendors with just a few clicks and easily track payment status
  • Get set up and running in days (not weeks!) with our personalized implementation process

Gain More Control and Visibility

  • Make fast, informed business decision about cash flow with continuous and reliable payables data
  • Stay in control with separation of duties that limit what approvers and payers can see and do
  • Ensure purchasing and payment accuracy with purchase order matching

Keep Everything in Sync

BILL automatically updates NetSuite, so your team just enters a payment once and they’re done—it’s fast and accurate. And to speed up reconciliation, invoices are matched with remittance information and fully paid POs are automatically closed out.

Simplify International Payments

Pay your international vendors the same way you pay a domestic vendor—quickly and easily. Avoid hidden conversion fees and payment delays by paying vendors in their local currency.