{"id":864971,"date":"2025-06-30T09:55:12","date_gmt":"2025-06-30T13:55:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bill-delivers-innovation-to-transform-payments-experience-between-enterprise-suppliers-and-smbs-across-its-growing-network\/"},"modified":"2025-06-30T09:55:12","modified_gmt":"2025-06-30T13:55:12","slug":"bill-delivers-innovation-to-transform-payments-experience-between-enterprise-suppliers-and-smbs-across-its-growing-network","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bill-delivers-innovation-to-transform-payments-experience-between-enterprise-suppliers-and-smbs-across-its-growing-network\/","title":{"rendered":"BILL Delivers Innovation to Transform Payments Experience Between Enterprise Suppliers and SMBs Across Its Growing Network"},"content":{"rendered":"

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BILL Delivers Innovation to Transform Payments Experience Between Enterprise Suppliers and SMBs Across Its Growing Network<\/b><\/p>\n

Powerful new offering makes it easier and faster for large suppliers to receive and record payments from SMBs<\/i><\/p>\n

SAN JOSE, Calif.–(BUSINESS WIRE<\/a>)–
\nBILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced the launch of BILL Supplier Payments Plus. This innovative new offering helps large suppliers quickly and efficiently process and reconcile high volumes of payments from thousands of SMBs with greater speed, accuracy and ease\u2013while delivering a more seamless payment experience for the businesses they work with.<\/p>\n

\n\u201cBILL\u2019s SMB customers know their suppliers are critical to their success, which is why we\u2019re investing in powerful new capabilities that deliver value for both sides of the transaction\u2014transforming how buyers pay and how suppliers receive funds. Supplier Payments Plus is the next major milestone in this journey,\u201d said Mary Kay Bowman, EVP, GM of Payments and Financial Services at BILL. \u201cThis innovation not only drives more value for large suppliers \u2013 it also marks a key step forward in advancing our vision of a more connected, intelligent and robust payments ecosystem, enabling BILL\u2019s growing network of more than seven million members to connect and do business quickly and efficiently.\u201d<\/p>\n

Innovations That Help Suppliers Process SMB Payments Efficiently<\/b><\/p>\n

\nEnterprise suppliers receive thousands of payments from SMBs each day, and processing them can be complex and time-consuming. Missing details and over or underpayments often force cash application teams to spend hours or even days manually tracking down information. Fragmented data across multiple portals only adds to the challenge, delaying cash application and consuming valuable time and resources. At the same time, many existing systems are outdated, slow to implement and still leave critical gaps in payment and remittance workflows.<\/p>\n

\nBILL is tackling these persistent challenges head-on with new innovations that reduce manual work, simplify payments and strengthen the relationships that power B2B commerce. Supplier Payments Plus supports large and enterprise businesses in our BILL network by delivering payments and customizable remittance advice \u2013 streamlining AR workflows and helping with cash application automation for high-volume, small-dollar payments with missing or messy remittance. The solution works with existing Enterprise Resource Planning (ERP) and automation systems, enabling suppliers to go live in weeks without IT support. Suppliers can also benefit from new capabilities including custom reports and the conversion of checks to digital payments.<\/p>\n

\nFor the SMBs that work with these large suppliers, BILL is enabling faster payment confirmation, reduced overhead to help track down payments, and a more seamless way to transact and do business.<\/p>\n

Key benefits include:<\/b><\/p>\n