BILL
BILL is a financial operations platform that automates accounts payable and receivable processes to help small and mid-sized businesses manage cash flow and simplify complex back-office financial tasks.
Invoiced
Invoiced is a comprehensive Accounts Receivable automation platform designed to help mid-market companies and enterprises automate billing, collections, and payment processing to accelerate cash flow and reduce manual work.
Quick Comparison
| Feature | BILL | Invoiced |
|---|---|---|
| Website | bill.com | invoiced.com |
| Pricing Model | Subscription | Subscription |
| Starting Price | $45/month | $100/month |
| FREE Trial | ✓ 30 days free trial | ✓ 14 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2006 | 2012 |
| Headquarters | San Jose, USA | Austin, USA |
Overview
BILL
BILL helps you take control of your financial back office by automating the way you pay bills and get paid. You can ditch manual data entry and paper checks by digitizing your entire accounts payable and receivable workflows. The platform uses AI to scan invoices, routes them for approval automatically, and lets you issue payments via ACH, virtual cards, or international wires with just a few clicks.
Beyond simple payments, you can manage employee spending and corporate cards through integrated expense management features. It syncs directly with your existing accounting software like QuickBooks or Xero to keep your books updated in real-time. Whether you are a solo founder or a growing mid-market firm, you can eliminate bottlenecks and gain a clearer view of your business cash flow from a single dashboard.
Invoiced
Invoiced is an Accounts Receivable automation platform that helps you get paid faster by eliminating manual billing tasks. You can automate your entire invoice-to-cash lifecycle, from generating professional invoices and sending automated reminders to processing global payments and reconciling your books. It integrates directly with your existing ERP or accounting system to ensure your financial data stays synchronized without manual data entry.
You can provide your customers with a self-service portal where they can view their history, manage payment methods, and pay invoices instantly. The platform is built for growing businesses that need to scale their billing operations without adding more headcount. Whether you handle simple subscriptions or complex installment plans, you can customize the workflow to match your specific business requirements.
Overview
BILL Features
- AI Invoice Entry Capture invoice data automatically using AI that extracts vendor details and amounts to eliminate manual typing errors.
- Automated Approvals Create custom approval workflows so bills are automatically routed to the right person for a digital sign-off.
- Flexible Payments Pay your vendors your way using ACH, credit cards, international wires, or even automated paper checks.
- Smart Invoicing Send professional invoices electronically and set up automatic payment reminders to help you get paid faster.
- Expense Management Issue corporate cards to your team and set proactive spend limits to control company costs before they happen.
- Accounting Sync Connect your accounting software to sync transactions automatically and ensure your general ledger is always accurate.
Invoiced Features
- Automated Collections. Set up automated email, text, or mail reminders to nudge customers about upcoming or overdue payments without lifting a finger.
- Customer Payment Portal. Give your customers a branded, self-service space to view invoices, download statements, and pay via their preferred methods.
- Multi-Channel Payments. Accept credit cards, ACH, and international wire transfers globally to remove friction from your customer's checkout experience.
- Subscription Billing. Manage recurring billing cycles, prorations, and plan upgrades automatically so your subscription revenue grows predictably.
- Cash Application. Match incoming payments to open invoices automatically using AI-driven reconciliation to keep your ledger accurate in real-time.
- Installment Plans. Offer your customers the flexibility to pay large balances over time with automated payment schedules you control.
Pricing Comparison
BILL Pricing
- Choice of AP or AR focus
- Unlimited document storage
- Standard approval workflows
- Import/export with accounting software
- Email and chat support
- Everything in Essentials, plus:
- Sync with QuickBooks and Xero
- Custom user roles and permissions
- Multi-level approval workflows
- Centralized inbox for invoices
Invoiced Pricing
- Up to 100 customers
- Automated email reminders
- Customer payment portal
- Online payment processing
- Standard reporting
- Email support
- Everything in Basic, plus:
- Up to 500 customers
- Advanced collections workflows
- Subscription billing tools
- Multi-entity support
- Phone and priority support
Pros & Cons
BILL
Pros
- Significantly reduces time spent on manual data entry
- Seamless integration with popular accounting software like QuickBooks
- Easy-to-use interface for non-technical team members
- Reliable digital audit trail for all transactions
- Mobile app makes approving payments easy on the go
Cons
- Monthly per-user fees can become expensive
- Transaction fees apply for certain payment methods
- Customer support response times can be slow
- Occasional sync errors with external accounting tools
Invoiced
Pros
- Significantly reduces time spent on manual payment follow-ups
- Professional payment portal improves the customer experience
- Seamless integration with popular ERPs like NetSuite and Sage
- Easy to set up and customize billing workflows
Cons
- Initial setup of complex workflows requires careful planning
- Pricing can be high for very small businesses
- Advanced reporting features have a slight learning curve