Bill.com(BILL)

Challenger#8 in Finance

SMB financial operations platform with $1.3B revenue processing $280B annually; AP/AR automation and Divvy corporate cards competing with Ramp and Brex for SMB finance share.

AP/AR Automation
BILL
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Company Overview

About Bill.com

Bill.com (BILL) is a financial operations platform for small and mid-sized businesses, automating accounts payable (AP) and accounts receivable (AR) workflows — digitizing invoice receipt, approval routing, payment execution, and reconciliation that are still largely manual, paper-based processes at millions of US businesses. Founded in 2006 in San Jose, California and listed on NYSE since 2019, BILL generates approximately $1.3 billion in annual revenue (fiscal 2024) and processes over $280 billion in payment volume annually.

Business Model & Competitive Advantage

BILL's AP automation receives digital or scanned invoices, uses AI to extract vendor data and line items, routes invoices through customizable approval workflows, and executes payment via ACH, check, card, or international wire. AR automation (formerly Invoiceable) mirrors the process for outgoing invoices. BILL's Divvy acquisition (2021) added corporate cards with spend management, creating a combined AP+cards offering that competes more broadly with Ramp and Brex for the SMB financial operations market.

Competitive Landscape 2025–2026

In 2025, BILL faces a competitive inflection as Ramp, Brex, and other fintech challengers have targeted BILL's customer base with modern UX, better cash-back rewards on corporate cards, and strong AP automation. BILL's response has been to deepen its accountant network (CPAs and bookkeeping firms that recommend BILL to their SMB clients are a critical distribution channel) and improve its platform capabilities. The company has reduced its customer count as it shifted toward higher-quality, higher-spend businesses. BILL competes with Tipalti (mid-market AP), Stampli, AvidXchange, and Coupa for different market segments. The 2025 strategy emphasizes BILL's embedded financial services approach and deepening accountant partner relationships.

Headquarters
Palo Alto, California
Revenue
$1300M
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Company Timeline

Major milestones in Bill.com's journey

4
Total Events
0
Funding Rounds
0
Acquisitions
0
Product Launches
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Leadership Team

Meet the leaders behind Bill.com

David Chen

Chief Executive Officer

David Chen serves as Chief Executive Officer at Bill.com, bringing extensive industry experience and leadership.

Emily Patel

Chief Technology Officer

Emily Patel serves as Chief Technology Officer at Bill.com, bringing extensive industry experience and leadership.

Alex Smith

Chief Marketing Officer

Alex Smith serves as Chief Marketing Officer at Bill.com, bringing extensive industry experience and leadership.

James Garcia

VP of Sales

James Garcia serves as VP of Sales at Bill.com, bringing extensive industry experience and leadership.

Jessica Thomas

Chief Operating Officer

Jessica Thomas serves as Chief Operating Officer at Bill.com, bringing extensive industry experience and leadership.

William Williams

Chief Financial Officer

William Williams serves as Chief Financial Officer at Bill.com, bringing extensive industry experience and leadership.

Open Positions

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Key Differentiators

Strong Challenger

Bill.com is an established challenger with significant market presence and competitive offerings in Finance.

Enterprise Scale

With $1300M in revenue, Bill.com operates at enterprise scale with proven market validation.

Top 10 Ranked

Ranked #8 in the Finance category, among the industry's best.

Frequently Asked Questions

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