BILL Spend & Expense

BILL Spend & Expense is the spend management product BILL acquired with Divvy in 2021. It pairs the BILL Divvy Card, a corporate charge card available as physical and virtual cards, with software for budgets, spending rules, approval workflows and real-time alerts. Employees can capture receipts in the mobile app, and the system matches them to transactions and suggests coding with AI. It also handles out-of-pocket reimbursements and applies travel policy at booking. Every transaction keeps an audit trail of receipts, notes and approval history. One credit application covers several entities, and each entity keeps its own bank account, statements and accounting sync. The product suits small and mid-sized US businesses that want card controls without paying for software. BILL lists the software at $0 per user per month and makes its money mainly on card interchange. Credit lines run from $1,000 to $5 million and depend on approval. Virtual cards are free, and the product offers cash-back or travel rewards. It syncs both ways with NetSuite, Sage Intacct, QuickBooks, Microsoft Dynamics and Xero, and also connects with Acumatica, Slack and HRIS systems. You can also integrate through custom files or the API. The main drawbacks are that you have to qualify for credit, and reviewers often complain about slow customer service and about fees on BILL's wider payments platform. It is a spend tool, not an accounting system.