Bill.com is a popular accounts payable automation software.
With it, businesses can collect revenue from clients and pay vendors without any hassle.
But, if you are looking for a Bill.com alternative, then you are on the right post.
Here I have listed 9 best tools that are good competitors to Bill.com. You will get similar features to Bill.com in all apps, allowing you to automate your AP and AR processes.
Before getting into it, let’s talk about what Bill.com is and how it helps you.
What is Bill.com, and What are Its Features?
Bill.com is an accounts payable (AP) and Accounts receivable (AR) platform that helps you streamline your day-to-day business work.
It automatically generates bills and vouchers for you, automates the payment process, manages vendors, and business expenses.
With Bill.com, you can speed up the disbursement process, control the monthly expense budget, automate accounts payable, and approval workflow.
1. Melio
Melio is an accounts payable (AP) and accounts receivable (AR) automation platform. It automatically extracts information from bills, creates vouchers, initiates the payment process, and tracks pending invoices.
With Melio, you will be able to automate the payment process by streamlining AP and AR workflows.
Melio is a product of Xero, a popular software brand for business accounting.
Using Melio, you can easily manage payments of both vendors and customers. The platform is specially designed for small business owners.
It also connects with accounting tools like Xero and QuickBooks, so every payment reflects in your accounting system. No manual entry required.
Melio is best suited for small and mid-sized businesses, accounting firms, and freelancers who want to simplify payment automation both for vendors and customers without any hassle.
Core Features
- Send and receive payments online.
- Vendor management.
- Generate vouchers.
- Mac payments by bank, card, and check.
- Receive payments from clients.
- Batch scheduling.
- Tracking and reporting.
- QuickBooks and Xerox integration.
- Mobile app.
Price
Melio offers a forever-free plan for up to 5 free ACH/month. The paid plan starts from $25 for a month, which includes advanced features like batch payments, approval workflows, an AI assistant, a dedicated bill inbox, and support.
2. Sage Intacct
Sage Intacct is an accounting software that offers AI-powered accounts payable and receivable options to streamline payments.
Some of its best features are accounts payable, generate voucher, generate ledger, collect revenue, extract information from bills, and real-time reporting.
It is an AI-based cloud accounting tool to automate accounts payable and receivable.
Sage Intacct offers a centralised dashboard to manage all accounts from one place. For managing accounts receivable, you can use this application to generate invoices, set up secure billings, and collect payments automatically from clients.
Sage Intacct is a good alternative to Bill.com, but it is a little expensive compared to Melio and Bill.com.
Core Features
- Accounts payable.
- Generate ledger.
- Generate invoices.
- Multi-currency entry.
- AI assistant.
- Account AP and AR.
- Approval workflows.
- Bill tracking.
- Integration.
- Mobile application.
Price:
Sage Intacct has custom pricing. They share the price on request.
3. Stampli
Stampi is another good alternative to Bill.com.
It’s smart AP automation and invoice management software that helps businesses to streamline accounts payable and receivable
Stampli uses AI-powered technology to extract information from invoices. No manual entry required.
It offers features to seamlessly collaborate with approval teams and vendors, communication channels, generate and send invoices for approval, resolve invoice issues, and more.
With Stampli, you can also track the real-time stats of invoices with ease.
The platform comes with a powerful automation tool to automate accounts payable workflows with approval rules and routing.
You can manage domestic and international payments through Stampli, the platform supports payment methods including Check, Debit/Credit Cards, ACH, and Wire Transfers.
Stampli integrates with popular platforms like QuickBooks, Xero, NetSuite, and more to sync invoice data and vendor information with your accounting software.
Core Features:
- Invoice capturing.
- Accounts payable and accounts receivable.
- Manual and automation approval workflows.
- Domestic and international payments.
- Support 100+ currencies.
- Vendor communication.
- Vendor portal.
- Multiple payment support, including check, credit cards, wire transfers, and ACH
- Integrations with ERP software.
- Mobile app.
Price
Stampli share price on request. You can connect with the Stampli sales team to get the price.
4. Tipalti
On this list, next is Tipalti. It’s one of the most popular accounts payable software on the market.
The platform helps businesses to simplify the AP process. You can manage multiple companies from a single dashboard in Tipalti.
Some of its notable features for AP are a self-service portal for suppliers, smart invoicing, Global payment options, and an AI assistant.
Tipalti integrates with major accounting software like Sage, QuickBooks, NetSuite, and others to keep your accounts updated automatically.
With Tipalti, you can streamline and automate processes such as invoices, regulatory compliance, tax calculations, supplier management, and more.
Via the self-service portal, suppliers can choose a preferred payment method and track invoices.
Tipalti also safeguards you from misleading and fraudulent transactions. It can be a good competitor to Bill.com for AP automation.
Core Features
- Accounts payable.
- Procurement.
- Domestic and international payments.
- Expense management.
- Mass payments.
- Cash management.
- Multiple payment options.
- Extract data from invoices.
- Business cards.
- Multi-currency support.
- Analytics and reporting.
- Integration.
- Mobile app.
Price:
Tipalti plan starts from $99 per month and goes up to $195 per month. There is a custom plan available that includes all advanced features like multi-currency fund management, FX hedging, custom ERP integration, and priority support.
5. Ramp
Ramp offers a wide range of services. You can use it to automatic account payable, handle procurements, expense management, corporate cards, and accounting automation.
It was founded in 2019. Ramp is best suited for small and mid-size businesses.
It’s an effective alternative to Bill.com. Some of its key features are a business card with cashback, capture invoice data, expense management, and ERP integration.
You can automate vendor payment by creating an approval workflow and connecting your accounting system.
You can issue the Ramp Card to employees for business expenses, and it has a cashback program as well that puts money back in your pocket.
Ramp integrates with 200+ banking, ERP, and accounting software, loading some popular names like Xero, Slack, QuickBooks, NetSuite, and more.
It has a mobile app to manage everything on the go. With the ramp mobile app, you can view transactions, submit expense reports, pay with virtual cards, and get support.
Core Features:
- Automated accounts payable.
- Automatic bill capturing.
- Voucher generation.
- Procurement process.
- Corporate cards.
- AP approval workflows.
- Spend management.
- Tracking and reporting.
- Multi-currency report.
- Insights.
- 3rd party integration.
Price:
You can use Ramp’s basic plan for free. The pet plant starts from $15 per month. There’s also a custom plan available.
6. Airbase
Airbase is one of the most popular spend management software.
Recently, Paylocity, a leading cloud-based HR and Payroll platform, acquired Airbase.
Using Airbase, you can record invoices, automate vendor payment, and handle employee expenses.
You can distribute corporate cards to employees for little expenses, and they can submit bills through a mobile app.
You can enter all transactions into the system, and they will automatically be updated in your accounting system. If you use Paylocity for HR and payroll outsourcing, then you will be able to manage non-payroll expenses through Airbase.
Core Features
- Expense management.
- Approval Workflows.
- Invoice capturing.
- Corporate cards.
- Account payables.
- Global payments.
- Reporting.
- Managing multiple entities.
- Integration with accounting software.
- Mobile application.
Price:
You can request a sales team for pricing.
7. Quadient
Quadient is a popular accounts payable automation (AP) software.
It is considered an affordable alternative to Bill.com for invoice processing with the help of AI.
With its AP function, you can route invoices, POs, and payments, manage and approve expenses, and more.
Some of its notable features ACH payment process, audit trail, ERP integration, duplicate payment alert, and multi-currency support.
Using Quadient, you can set up a better invoice approval system, and employees can submit bills for reimbursement. The platform also allows you to set up a spending limit to avoid exceeding your monthly budget.
You can track real-time business activities using the mobile app. No need to be required on the desktop all the time.
You can integrate Quadient with ERP tools to automatically update the latest data in your system. No manual entry required.
Core Features
- Automate invoicing.
- Automate PO.
- Duplicate payment alert.
- ACH payment processing.
- Approval workflows.
- ERP integration.
- Analytics and reporting.
- Multi-currency support.
- Mobile app.
Price
Quadient share price on request. You can book a demo on the official website.
8. Coupa
Coupa is a cloud-based procurement and accounts payable software.
Like Bill.com, it also offers a range of services, including products for supply chain planning, sourcing, procurement management, inventory management, contract management, spend analysis, and treasury and cash management.
Coupa helps businesses automate and streamline accounts payable for multiple entities from a single dashboard.
For accounts payable, you will get features like automated invoicing, managing all your payments from one place, providing virtual cards to employees, and AI-driven fraud detection.
Is a good platform for AP automation, supply chain development, and vendor onboarding and management.
Coupa comes with a very easy-to-use, user-friendly interface, so anyone can get started without any prior knowledge.
The platform offers third-party integration with ERP platforms.
Core Features
- Accounts payable automation.
- Supply chain planning.
- Inventory management.
- Vendor sourcing.
- Virtual cards.
- Procurement management.
- Contract management.
- Treasury management.
- Integration.
- Mobile app.
Price
Coupa has custom pricing. You can get a demo today for free.
9. Invoicera
Invoicera is a leading accounts payable and receivable automation software.
Using this platform, you can generate invoices, collect payments from clients, pay vendors, track proceeds payments, and monitor transactions.
You can generate and send invoices to clients hassle-free. It has an automated reminder and tracking feature to monitor audio invoice payments from the mobile app.
Invoicera is specially designed for freelancers, small businesses, and enterprises. The platform offers some of the best features, like approval workflows, two-factor authentication, multiple payment gateways, and accounts payable management.
You can simplify business management with features like time tracking, expense management, vendor panel, and multi-currency support.
Invoicera can be integrated with third-party apps such as Payoneer, Authorize.net, PayPal, Xero, QuickBooks, and more.
It has a dedicated mobile app for iOS and Android.
Core Features
- Accounts payable and receivable.
- Limited invoice generation.
- Payment tracking.
- Vendor portal.
- Multi-currency support.
- Approval workflow.
- Fraud detection.
- Monitor transactions.
- Integrations.
- iOS and Android apps.
Price
Invoicera plan costs you between $19 to $149 per month. You can try Invoicera for 7 days for free.
Conclusion
Bill.com is a wonderful tool for accounts payable (AP) and accounts receivable (AR).
With it, you can automatically generate invoices and send them to clients, receive payments in multiple currencies, and manage vendors.
But, there are some other good options available in the market that can help you with the AP and AR.
Above, I have mentioned some of the best Bill.com alternatives to be considered for AP automation. I highly recommend going with Melio, which is one of the best alternatives to Bill.com.
If you have any questions, let me know in the comments below.