If you’re looking for alternatives to Bill.com, you’re in luck. In 2024, there are several top competitors and alternatives to Bill.com that can meet your needs for online payment processing, accounts payable automation, and cloud-based accounting.
One of the leading competitors is Plooto, which offers a powerful platform for managing accounts payable and receivable. With Plooto, businesses can gain total control and visibility into cash flow management, automate payment workflows, and reduce costs per transaction.
Spendesk is another top alternative. This all-in-one spend management platform streamlines spending and expense management processes, providing virtual cards, expense reimbursements, and digital invoices. With Spendesk, businesses can track spending in real-time and empower teams with budgets and virtual cards.
DocuWare is a cloud-based document management and workflow automation solution that helps businesses digitize and secure their business documents. It offers self-learning intelligent indexing, mobile workforce support, and secure archiving, making it an ideal choice for businesses looking to streamline their document processes.
Plate IQ is a platform designed specifically for the foodservice industry. It turns invoices into predictive insights, simplifies invoice data capture, and offers mobile capabilities for capturing important documents. Plate IQ is perfect for small to midsize companies in the foodservice industry.
Tipalti provides a comprehensive financial operations platform with features like self-service supplier onboarding, global mass payments, and payment reconciliation. It helps businesses automate their accounts payable processes, reduce payment error rates, and improve efficiency.
Paddle focuses on serving SaaS businesses by providing a payment platform that manages payment providers, handles billing-related issues, and ensures fraud protection. With Paddle, businesses can streamline their payment management processes and focus on growing their revenue.
Coupa is a comprehensive spend management platform that helps organizations manage expenses, streamline payments, and improve procurement processes. It offers features for expense management, payment processing, invoicing, sourcing, and supply chain design.
Laserfiche, on the other hand, offers cloud-based document management and workflow automation solutions. It helps businesses automate accounts payable processes, generate purchase orders, process invoice payments, and manage general ledger tasks.
Basware specializes in source-to-pay solutions, e-invoicing, and financing services. It simplifies operations and spend management by digitizing and automating financial transactions, making it easier for businesses to manage procurement, invoicing, and payment processes.
Wise Business offers a comprehensive business account solution with international payment capabilities, account software integration, and payroll and batch payment tools. It is ideal for businesses that operate globally and want a cost-effective solution for managing their financial transactions.
When considering alternatives to Bill.com, it’s important to evaluate your specific needs and choose a solution that best fits your requirements. Each of these competitors and alternatives offers unique features and benefits that can help you streamline your payment processes, manage vendor payments, and improve efficiency in your B2B payment workflows.
Plooto
Plooto is an innovative accounts payable and receivable platform that empowers businesses to efficiently manage their cash flow, achieving optimal financial controls and visibility. With Plooto, businesses can effectively handle their accounts payable and accounts receivable processes, ensuring seamless financial operations.
As a comprehensive platform, Plooto offers a range of features designed to enhance cash flow management. By leveraging Plooto’s capabilities, businesses can streamline their AR and AP cycles, optimize payment workflows, and reduce errors, leading to improved efficiency and cost savings.
One of the key advantages of Plooto is its ability to support over 120,000 vendors and suppliers, making it an ideal solution for businesses with diverse payment requirements. Additionally, Plooto caters to more than 6,000 businesses, offering enhanced financial controls to help keep operating costs low.
Efficient Payment Workflows
Plooto simplifies payment workflows through its automatic reconciliation feature, which ensures accurate and efficient payment processing. The platform also facilitates two-way sync, allowing seamless integration with existing accounting systems, further streamlining financial operations.
Furthermore, Plooto provides customizable approval tiers, enabling businesses to implement tailored payment authorization processes. This feature helps organizations maintain financial controls and ensure compliance with their internal payment policies.
By leveraging Plooto’s robust payment workflows, businesses can achieve faster transactions, reduce costs per payment, and eliminate the need for manual reconciliation, thereby streamlining their overall financial processes.
The Plooto platform offers businesses a user-friendly interface, providing easy access to financial controls and insightful reporting. This empowers organizations to make informed decisions, accurately forecast cash flow, and optimize overall financial performance.
Overall, Plooto’s accounts payable and receivable platform is a powerful tool for businesses seeking to improve their cash flow management, establish robust financial controls, and optimize their payment workflows. It is a comprehensive solution designed to streamline financial operations and drive efficiency.
Spendesk
Spendesk is an all-in-one spend management platform designed specifically for modern accounting teams. With its comprehensive suite of features, Spendesk streamlines spending and expense management processes, providing businesses with the tools they need to effectively manage their finances.
One of the key features of Spendesk is its virtual card functionality, which enables businesses to issue virtual cards to employees, allowing for more secure and controlled spending. These virtual cards can be easily managed and monitored, providing real-time insights into employee expenses.
Expense reimbursements are also made easy with Spendesk. The platform automates the expense reimbursement process, eliminating the need for cumbersome manual paperwork and reducing administrative overhead. Employees can submit their expense requests directly through the platform, ensuring a seamless and efficient process.
Another notable feature of Spendesk is its digital invoice management capabilities. Businesses can easily create, send, and manage digital invoices directly through the platform, reducing the need for paper-based processes and improving overall efficiency.
With Spendesk, organizations can track spending in real-time, empowering teams with budgets and virtual cards, and manage subscription expenses all in one central dashboard. The platform seamlessly integrates with existing accounting software, simplifying the overall financial management process.
By leveraging the power of Spendesk, businesses can maintain better control over their expenses, reduce the risk of fraud and overspending, and gain valuable insights into their financial operations.
DocuWare
DocuWare is a cloud-based document management and workflow automation solution that can greatly benefit businesses of all sizes. With DocuWare’s robust features and intuitive interface, businesses can easily digitize and secure their important documents.
One of the key features offered by DocuWare is its self-learning intelligent indexing. This powerful tool enables the system to intelligently match invoices with related purchase orders, streamlining the accounts payable process and reducing errors. By automating this workflow, businesses can save time and ensure accurate record keeping.
In addition, DocuWare supports a mobile workforce, allowing employees to access and collaborate on documents anytime, anywhere. This flexibility enhances productivity and promotes seamless collaboration.
Another important aspect of DocuWare is its secure archiving capabilities. With this solution, businesses can safely store and retrieve critical forms and documents, ensuring compliance and data integrity.
By leveraging DocuWare’s workflow automation tools, businesses can automate repetitive tasks, improve efficiency, and reduce manual processes. This results in increased productivity, better resource allocation, and the ability to focus on more strategic activities that drive profitability.
In summary, DocuWare offers a comprehensive and powerful cloud-based solution for document management and workflow automation. With its self-learning intelligent indexing, support for mobile workforce, and secure archiving capabilities, businesses can streamline their operations, enhance collaboration, and improve overall productivity. By implementing DocuWare, businesses can free up time, optimize their workflow, and achieve sustainable growth.
Plate IQ
Plate IQ is an innovative foodservice industry platform that revolutionizes the way businesses handle their invoice processes. With Plate IQ’s advanced features and intuitive interface, businesses can transform invoices into predictive insights, driving operational efficiency and cost savings.
One of Plate IQ’s key features is its OCR technology for invoice data capture, which streamlines the invoice processing workflow. By automatically extracting data from invoices, businesses can eliminate manual data entry and reduce errors, saving valuable time and resources.
Additionally, Plate IQ offers mobile capabilities, allowing users to capture important business documents on the go. Whether it’s invoices, receipts, or other relevant paperwork, users can conveniently capture and upload documents using their mobile devices.
To ensure seamless organization and accessibility of invoices and documents, Plate IQ provides a digital filing cabinet for secure storage. Businesses can easily search, retrieve, and share invoices anytime, anywhere, ensuring efficient collaboration and compliance.
Plate IQ’s comprehensive platform also simplifies the invoice matching and approval workflows. With automated invoice matching, businesses can easily reconcile invoices with purchase orders, ensuring accurate and timely payments. This not only reduces manual effort but also minimizes discrepancies and vendor disputes.
Real-time visibility on spend is crucial for businesses to make informed decisions and control costs effectively. Plate IQ offers predictive insights that empower businesses to gain real-time visibility into their spending patterns, helping them optimize their budgets and drive profitability.
Designed specifically for small to midsize companies in the foodservice industry, Plate IQ provides a single platform to handle the entire invoice processing journey, from digitization to bill pay. Its mobile capabilities and intuitive interface make it a valuable tool for businesses looking to streamline their operations and enhance efficiency.
Plate IQ is the ideal solution for businesses in the foodservice industry that want to harness the power of predictive insights, streamline their invoice processes, and drive operational excellence. Experience the transformative capabilities of Plate IQ and take control of your invoice management today.
Tipalti
Tipalti is a comprehensive financial operations platform that serves as a payment gateway and enables businesses to automate their AP processes. With Tipalti, businesses can streamline their accounts payable workflows, reduce manual processes, and improve efficiency. The platform offers a range of features designed to make the AP process faster, safer, and more efficient.
One of the key features of Tipalti is its self-service supplier onboarding, which simplifies the process of adding new suppliers to the system. This feature eliminates the need for manual data entry and reduces the risk of errors. Additionally, Tipalti offers tax compliance validation, ensuring that payments are made in accordance with local regulations.
Global mass payments are another valuable feature of Tipalti. The platform enables businesses to make payments to vendors and suppliers around the world, supporting multiple currencies and payment methods. This functionality is particularly beneficial for businesses operating in digital marketplaces and dealing with suppliers from different countries.
Payment reconciliation is essential for accurate financial reporting and control. Tipalti provides robust payment reconciliation capabilities, allowing businesses to track and match payments with invoices and other financial documents. This feature provides a holistic view of the AP process and ensures that all payments are accounted for accurately.
Tipalti also offers integration with ERP systems, ensuring seamless synchronization of data between the payment platform and back-end financial systems. This integration eliminates the need for manual data entry and reduces the risk of errors. Additionally, it provides businesses with real-time visibility into their AP processes, enabling better decision-making and financial control.
In conclusion, Tipalti is a powerful financial operations platform that offers a comprehensive set of features for AP automation. With its payment gateway, global mass payment capabilities, and payment reconciliation functionality, businesses can streamline their AP workflows, reduce manual processes, and improve efficiency. Whether you are a small, medium, or enterprise company, Tipalti can help you optimize your AP processes and achieve better financial control.
Paddle
Paddle is a payment platform that specializes in serving SaaS businesses by providing comprehensive payment management solutions. With Paddle, businesses can maximize their profits by effectively managing payment providers, addressing billing-related issues, and ensuring fraud protection.
One of the key advantages of Paddle is its focus on the unique needs of SaaS businesses. The platform offers a range of features specifically designed to cater to the payment requirements of SaaS companies. This includes payment management tools that simplify the process of handling payments, subscription billing capabilities that streamline recurring revenue models, and robust tax compliance functionalities.
Paddle’s billing feature is particularly noteworthy, as it takes care of all aspects of the payment process, from handling payments and managing subscriptions to ensuring compliance with tax regulations. By entrusting these critical tasks to Paddle, SaaS businesses can free up valuable time and resources, allowing them to focus on what truly matters – growing their revenue and scaling their operations.
The platform also offers seamless integration with popular SaaS tools and platforms, making it easy for businesses to integrate Paddle into their existing workflows. This enables smoother payment management and simplifies the overall payment experience for both businesses and their customers.
For SaaS businesses looking for a reliable and efficient payment platform, Paddle is a top choice. Its tailored features, commitment to payment management, and focus on serving the unique needs of SaaS companies make it an indispensable tool in today’s competitive landscape.
Through Paddle’s holistic approach to payment management, SaaS businesses can navigate the challenges associated with billing-related issues and drive revenue growth. Whether it’s managing payment providers, addressing billing concerns, or ensuring secure transactions, Paddle offers the solutions needed for successful payment operations in the SaaS industry.
Coupa
Coupa is a comprehensive spend management platform that empowers organizations to effectively manage their expenses, streamline payments, and optimize procurement processes. With its user-friendly interface and robust features, Coupa offers a seamless solution for expense management, payment processing, invoicing, sourcing, supply chain design, and contract management.
By leveraging Coupa’s spend management platform, businesses of all sizes can gain better visibility and control over their expenses. The platform enables organizations to track and manage their expenses in real-time, allowing them to make informed decisions and optimize their spending.
One of the key strengths of Coupa is its ability to streamline payment processes. The platform offers efficient payment processing capabilities, allowing businesses to automate payment workflows, reduce manual errors, and ensure timely payments to suppliers and vendors.
In addition, Coupa’s invoicing feature provides businesses with a centralized platform to generate, send, and manage invoices. The platform simplifies the invoicing process, improves accuracy, and enhances the efficiency of the accounts payable process. Businesses can also leverage Coupa’s sourcing and supply chain design features to optimize their procurement processes, identify cost-saving opportunities, and enhance supplier relationships.
With its integrated spend management solutions, Coupa helps businesses improve transparency, efficiency, and profitability. Whether you are a small business or a large enterprise, Coupa can be tailored to your specific needs, allowing you to streamline your spending processes, gain better visibility into your expenses, and remove inefficiencies.
Choose Coupa to take your expense management, payment processing, and procurement processes to the next level.
Laserfiche
Laserfiche is a global provider of cloud-based document management and workflow automation solutions. With Laserfiche, businesses can effectively manage their documents and streamline their workflow processes. This includes automating accounts payable, generating purchase orders, and processing invoice payments.
One of the key features offered by Laserfiche is its document management capabilities. Users can store and access documents securely in the cloud, ensuring that critical information is always accessible when needed. Additionally, Laserfiche provides workflow automation tools that enable businesses to automate repetitive tasks and streamline their processes, reducing manual errors and increasing efficiency.
For businesses looking to automate their accounts payable processes, Laserfiche offers accounts payable automation solutions. This includes automating the generation of purchase orders based on predefined rules, as well as automating the processing of invoice payments. With Laserfiche, businesses can streamline their AP workflows, reduce manual tasks, and improve accuracy in their financial processes.
Furthermore, Laserfiche provides tools for electronic signatures, mobile access, and intelligent indexing. These features allow users to securely sign documents electronically, access documents on the go, and intelligently organize and search for specific documents or information within the Laserfiche platform.
Overall, Laserfiche is a comprehensive solution for businesses of any size that want to digitize their document processes, improve efficiency, and reduce manual tasks. By leveraging Laserfiche’s document management and workflow automation capabilities, businesses can optimize their operations and focus on driving success.
Basware
Basware offers comprehensive source-to-pay solutions, including e-invoicing and innovative financing services. By digitizing and automating financial transactions, Basware simplifies operations and enhances spend management for businesses. With Basware, organizations can streamline procurement processes, automate invoice processing, and improve financial document exchange.
Basware’s source-to-pay solutions enable businesses to optimize their procurement activities, ensuring efficient vendor management and cost control. The platform facilitates seamless e-invoicing, reducing manual processing and errors associated with paper-based invoices. Additionally, Basware offers innovative financing services, helping businesses access capital and improve cash flow management.
The invoicing and financial document exchange capabilities of Basware enable businesses to maintain transparency and control over their accounts payable processes. By automating invoice processing and facilitating collaboration between buyers and suppliers, Basware enhances operational efficiency and reduces the reliance on manual tasks.
Basware’s user-friendly interface and intuitive features make it a suitable choice for businesses that are looking to streamline their accounts payable processes, improve financial management, and reduce manual processes. With Basware, organizations can optimize their spend management and gain better visibility into their financial transactions, ultimately driving cost savings and operational excellence.
Benefits of Basware:
- Streamline procurement processes
- Automate invoice processing
- Enhance financial document exchange
- Improve transparency and control
- Access innovative financing services
Wise Business
Wise Business is a comprehensive business account solution that offers a range of features to support international payments, account software integration, payroll, and batch payment tools. With Wise Business, businesses can easily manage their international payments and streamline their accounting processes for improved efficiency.
One of the key features of Wise Business is its ability to hold and make payments in multiple currencies, making it an ideal solution for businesses operating globally. This feature allows businesses to easily transact with international clients and vendors without the hassle of foreign currency conversions.
In addition, Wise Business offers seamless integration with popular account software platforms such as QuickBooks, Xero, Sage, and Wave. This integration enables businesses to synchronize their financial data across platforms, saving time and reducing manual data entry.
Wise Business also provides robust payroll and batch payment capabilities, allowing businesses to efficiently manage employee payments and process bulk payments to vendors or suppliers. This feature simplifies the payment process and ensures timely and accurate transactions.
With Wise Business, businesses can benefit from a cost-effective solution that streamlines their international payments, integrates with their existing accounting software, and simplifies payroll and batch payment processes. Whether you are a small business or a large enterprise, Wise Business offers the tools and features to meet your financial management needs.
Conclusion
In conclusion, businesses looking for alternatives to Bill.com have a wide range of options to choose from. Companies like Plooto, Spendesk, DocuWare, Plate IQ, and Tipalti offer robust solutions for AP automation, online payment processing, and accounts payable automation. These platforms provide virtual accounts payable solutions, digital payment platforms, and AP workflow automation. By utilizing these B2B payment solutions, businesses can streamline their vendor payment processes and improve efficiency in managing accounts payable. When selecting an alternative to Bill.com, it is crucial to assess the specific requirements of your business and choose a solution that aligns with your needs.
Whether you are looking for a comprehensive all-in-one spend management platform or a specialized solution for invoice processing and document management, the market offers a variety of options. These alternative products not only offer competitive features and functionalities but also provide a seamless integration with existing accounting software, ensuring a smooth transition and reducing workflow disruptions. By exploring these alternatives, businesses can potentially find a solution that better caters to their unique needs and improves their overall AP automation processes.
In summary, while Bill.com is a widely recognized and established platform, it is essential for businesses to explore other options to ensure they have the best fit for their AP automation and online payment processing needs. The competitors and alternatives in the market provide innovative solutions for managing vendor payments, streamlining accounts payable processes, and optimizing B2B payment workflows. By choosing the right solution, businesses can enhance efficiency, improve financial controls, and ultimately drive growth and success.
