BILL

BILL

Accounts payable, receivable and spend platform for small and mid-sized businesses, listed on the NYSE, with $1.7bn in annual revenue and a payments network of 9.2 million members that most US accounting firms route bill pay through.

Founded2006, Palo Alto, California; now San Jose
FoundersRené Lacerte (CEO)
OwnershipListed on NYSE (BILL)
RevenueUS$1.7bn in fiscal 2026 (year to June), up 13%; core revenue US$1.5bn, up 16%
CustomersNearly half a million businesses; 9.2 million network members who have sent or received a payment; distributed through more than 8,000 accounting firms and bank partners
What it doesBill capture and approvals, domestic and international payments, invoicing and collections, corporate cards and spend management through the former Divvy, and cash flow forecasting
Recent movesAI agents for bill coding and approvals; integrated AP, AR and spend platform; continued accountant channel expansion
PricingPlans from about US$45 per user per month; spend and expense product free with cards
MarketsUS
PeersTipalti, Ramp, Melio, Stampli, AvidXchange

Why it matters

BILL processes payments for close to half a million businesses and is the AP default for the US accounting profession, which makes it the incumbent that Ramp’s bill pay and Xero’s Melio acquisition are aimed at. Its $1.7 billion in revenue is the clearest measure of what SMB payments are worth to an accounting platform.

Updated September 2026.

Part of Accountio’s accounting technology coverage.