About
BILL (NYSE: BILL) is a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive. Our integrated platform helps businesses to more efficiently control their payables, receivables and spend and expense management. Hundreds of thousands of businesses rely on BILL’s proprietary member network of millions to pay or get paid faster. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers. For more information, visit bill.com.
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About
Monk is an AI-native accounts receivable platform that automates invoice to cash for B2B finance teams: invoicing, AP portal submission, collections and cash application, on top of your existing ERP.
Across the $2B+ in receivables Monk manages, 92% of enterprise invoices have to be submitted through a corporate AP portal rather than paid from an emailed invoice. Monk submits into more than 600 of them, including Coupa, Ariba and SAP Business Network, and uploads 87% autonomously.
Julia, the Monk agent for Intelligent Collections, reads customer replies and responds to what was written rather than advancing a fixed dunning sequence. 90% of invoices resolve without escalation. Email sends from your own mailbox via Gmail or Microsoft 365, so there is no new sending domain.
Payments match to open invoices at 80%, rising to 95% with rules your team configures.
Connects to QuickBooks, NetSuite and Dynamics 365 Business Central. Live in one to three days. SOC 2 Type II.
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Supported
iPad
Supported
Android
Supported
Chromebook
Not Supported
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Audience
Organizations interested in a powerful solution to way to create and pay bills, send invoices, and get paid
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Audience
Controllers, AR managers and finance operations teams at B2B companies that invoice enterprise customers through AP portals
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Support
Phone Support
Supported
24/7 Live Support
Not Supported
Online
Supported
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Support
Phone Support
Not Supported
24/7 Live Support
Not Supported
Online
Supported
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API
Offers API
Supported
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API
Offers API
Supported
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
$45 per user per month
AP: Starts at $45/user/month
Spend & Expense: $0/user/month
Free Version
Not Supported
Free Trial
Supported
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PricingWe offer tailored packages to fit your needs. Contact us to learn more or schedule a demo.
Free Version
Not Supported
Free Trial
Not Supported
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Reviews/
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Reviews/
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Pros & Cons from Real UsersPros
Cons
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Pros from Real UsersPros
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Training
Documentation
Supported
Webinars
Supported
Live Online
Supported
In Person
Supported
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Training
Documentation
Supported
Webinars
Not Supported
Live Online
Supported
In Person
Not Supported
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Company InformationBILL
Founded: 2006
United States
www.bill.com
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Company InformationMonk
Founded: 2024
United States
monk.com
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Alternatives |
Alternatives |
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CategoriesBILL's Accounts Payable solution transforms the tedious invoice-to-payment journey into a streamlined digital experience. Say goodbye to paper chaos and manual errors. With BILL AP, you can: - Capture invoices instantly through email, scanning, or direct upload - Automate approval workflows that adapt to your business rules - Pay vendors their way with multiple payment methods - Sync seamlessly with your accounting software - Access anywhere with mobile-friendly cloud technology Stop drowning in paperwork and reclaim hours each week. BILL AP doesn't just process payments—it elevates your entire financial operation with visibility, control, and efficiency that paper-based systems simply can't match. For businesses ready to modernize their AP process, BILL delivers the perfect balance of powerful automation and intuitive design that makes paying bills the easiest part of your day. BILL's Accounts Receivable solution turns the frustrating chase for payments into a smooth, predictable cash flow engine. With BILL AR, you can: - Send professional invoices instantly that make payment easy for customers - Track payment status in real-time with clear visibility into what's paid, pending, and overdue - Accept payments virtually any way your customers want to pay - Automate reminders that politely keep customers on track without awkward conversations - Reconcile transactions automatically with your accounting system Stop wondering when you'll get paid and start planning with confidence. BILL AR shortens your cash conversion cycle, reduces days sales outstanding (DSO), and transforms accounts receivable from a bottleneck into a business accelerator. For growth-focused businesses, BILL AR delivers the digital efficiency, payment flexibility, and financial clarity that turns receivables into reliable revenue—letting you focus on your business, not your billing. BILL's Accounts Payable solution transforms the tedious invoice-to-payment journey into a streamlined digital experience. Say goodbye to paper chaos and manual errors. With BILL AP, you can: - Capture invoices instantly through email, scanning, or direct upload - Automate approval workflows that adapt to your business rules - Pay vendors their way with multiple payment methods - Sync seamlessly with your accounting software - Access anywhere with mobile-friendly cloud technology Stop drowning in paperwork and reclaim hours each week. BILL AP doesn't just process payments—it elevates your entire financial operation with visibility, control, and efficiency that paper-based systems simply can't match. For businesses ready to modernize their AP process, BILL delivers the perfect balance of powerful automation and intuitive design that makes paying bills the easiest part of your day. BILL's Accounts Receivable solution turns the frustrating chase for payments into a smooth, predictable cash flow engine. With BILL AR, you can: - Send professional invoices instantly that make payment easy for customers - Track payment status in real-time with clear visibility into what's paid, pending, and overdue - Accept payments virtually any way your customers want to pay - Automate reminders that politely keep customers on track without awkward conversations - Reconcile transactions automatically with your accounting system Stop wondering when you'll get paid and start planning with confidence. BILL AR shortens your cash conversion cycle, reduces days sales outstanding (DSO), and transforms accounts receivable from a bottleneck into a business accelerator. For growth-focused businesses, BILL AR delivers the digital efficiency, payment flexibility, and financial clarity that turns receivables into reliable revenue—letting you focus on your business, not your billing. BILL Spend & Expense transforms the headache of expense management into a painless digital process. Say farewell to lost receipts, delayed approvals, and manual reconciliation. With BILL Expenses, you can: - Capture receipts on the go with quick mobile snaps that digitize instantly - Create and submit expense reports in minutes, not hours - Set approval workflows that respect your company policies - Process reimbursements quickly so your team isn't left waiting - Gain real-time visibility into spending patterns and budget impacts Stop chasing paper trails and spreadsheet nightmares. Eliminate the friction between spending and accounting, giving employees, managers, and finance teams exactly what they need—simplicity, speed, and accuracy. For businesses tired of expense management chaos, BILL Spend & Expense delivers the digital transformation that turns one of your most tedious financial processes into one of your most transparent and efficient. BILL Spend & Expense transforms the headache of expense management into a painless digital process. Say farewell to lost receipts, delayed approvals, and manual reconciliation. With BILL Expenses, you can: - Capture receipts on the go with quick mobile snaps that digitize instantly - Create and submit expense reports in minutes, not hours - Set approval workflows that respect your company policies - Process reimbursements quickly so your team isn't left waiting - Gain real-time visibility into spending patterns and budget impacts Stop chasing paper trails and spreadsheet nightmares. Eliminate the friction between spending and accounting, giving employees, managers, and finance teams exactly what they need—simplicity, speed, and accuracy. For businesses tired of expense management chaos, BILL Spend & Expense delivers the digital transformation that turns one of your most tedious financial processes into one of your most transparent and efficient. BILL Spend & Expense transforms the headache of expense management into a painless digital process. Say farewell to lost receipts, delayed approvals, and manual reconciliation. With BILL Expenses, you can: - Capture receipts on the go with quick mobile snaps that digitize instantly - Create and submit expense reports in minutes, not hours - Set approval workflows that respect your company policies - Process reimbursements quickly so your team isn't left waiting - Gain real-time visibility into spending patterns and budget impacts Stop chasing paper trails and spreadsheet nightmares. Eliminate the friction between spending and accounting, giving employees, managers, and finance teams exactly what they need—simplicity, speed, and accuracy. For businesses tired of expense management chaos, BILL Spend & Expense delivers the digital transformation that turns one of your most tedious financial processes into one of your most transparent and efficient. BILL transforms business spending with digital payment technology that's secure, controlled, and efficient. - Generate unique cards instantly for specific vendors or purchases - Set precise spending limits and controls - Enhance security by eliminating shared card numbers - Automate reconciliation with your accounting system - Track expenses in real-time - Earn cashback on eligible purchases Stop managing physical cards and manual processes. BILL puts control in your hands while streamlining your purchase-to-reconciliation workflow—turning everyday business spending into a strategic advantage for your bottom line. |
CategoriesMonk automates the full accounts receivable cycle from invoice to cash. Intelligent collections follows up on every overdue invoice with context-aware outreach that reads replies, adjusts tone per customer relationship, and resolves 90% of invoices without human intervention. Cash application matches incoming payments to open invoices at an 80% match rate, rising to 95% with suggested rules your team controls. Monk submits invoices into 600+ corporate AP portals automatically and surfaces only the exceptions that need your input. Real-time reporting covers aging, DSO, collections performance, and billed vs. collected, all exportable. Teams see a 40%+ reduction in DSO, save roughly 26 hours a month, and go live in days, not months. Integrates with QuickBooks, NetSuite, Stripe, Salesforce, HubSpot, and more. Monk applies frontier language models to the parts of accounting that break down at scale: matching payments to invoices, reading customer replies, and acting on what they say. Cash application uses a three-layer match (your rules, deterministic code, and model reasoning) to handle blank wire memos, partial payments, and multi-invoice remittances at an 80% match rate rising to 95%. Intelligent collections reads inbound emails, detects payment commitments and disputes, and responds with context, not templates, resolving 90% of invoices without human intervention. Cash forecasting weights each invoice by real payment behavior, not just net terms, and adjusts live as promises and disputes come in. A deterministic layer checks every action before it reaches a customer, and every decision is logged in a full audit trail. Monk is the AR automation platform for growing B2B businesses. From invoice generation to intelligent collections to cash application, Monk handles every step of the receivables cycle. Collections follows up on overdue invoices with context-aware outreach across email, Slack, and voice, resolving 90% without human intervention. Cash application matches payments at an 80% rate rising to 95% with suggested rules. Portal automation submits invoices into 600+ AP portals including Coupa and Ariba. Cash forecasting weights each invoice by actual payment behavior for 30/60/90 day visibility. Credit management blends third-party signals with your payment history. Dispute tracking captures every case with dollar impact, reason code, and full context. Monk automates invoice processing from creation through collection and reconciliation. Connect your billing system (Stripe, HubSpot, Salesforce) or ERP (QuickBooks, NetSuite) and Monk generates invoices from contract terms, deal data, or subscription schedules. Invoices are sent from your own domain with your signature. For customers requiring portal submission, Monk uploads invoices into 600+ AP portals automatically, fills all required fields, attaches the invoice, and leaves contextual comments. Portal status is checked daily; only real exceptions (wrong PO, amount discrepancy) reach your team. When invoices go unpaid, intelligent collections follows up with 24% higher response rates than standard dunning. Incoming payments are matched automatically. Every invoice carries a full audit trail from creation through payment. Monk handles the full lifecycle of B2B payments from invoice delivery through collection and reconciliation. Every invoice carries a secure, one-click payment link with no portal login required. Customers can pay by credit card, ACH, or wire, with payment methods configurable per customer. For enterprise accounts paying through AP portals, Monk submits invoices into 600+ portals including Coupa, Ariba, Bill.com, and Tipalti, then checks status daily and surfaces only the exceptions. Cash application matches incoming payments, including partial pays, overpayments, and multi-invoice remittances, at an 80% match rate rising to 95%. Auto-pay enrollment lets customers save a payment method and get charged automatically. Monk turns signed contracts and closed deals into invoices automatically. Connect Stripe, HubSpot, Salesforce, or DocuSign, and Monk extracts billing terms, generates invoices on schedule (monthly, quarterly, annual), and sends them from your own domain. Line items, discounts, taxes (via Anrok), and fees all come through correctly. For recurring revenue, Monk handles subscription billing with auto-pay enrollment so customers can save a payment method and get charged on schedule. When invoices go unpaid, intelligent collections takes over with follow-up that references conversation history and customer context, not a fixed template. Monk also submits invoices into 600+ AP portals like Coupa and Ariba, removing the most manual step in enterprise billing. Cash application closes the loop by matching payments to invoices the same day. Real-time dashboards show billed vs. collected, aging, and DSO. Monk is not a third-party debt collector. It is an in-house AR automation platform that helps your finance team follow up on every overdue invoice professionally and persistently, without adding headcount. Intelligent collections reads inbound replies, detects payment commitments, handles common objections, and adjusts tone by customer segment so enterprise accounts are never chased like a $50 overdue. When a customer disputes an invoice, Monk routes it as a tracked case with full context. When a contact bounces, Monk automatically rotates to the next valid contact. 90% of invoices are resolved without escalation. Your team configures playbooks, escalation rules, and exclusion criteria directly. Monk works across email, Slack, and voice, with every touchpoint logged in one audit trail. Monk automates the entire invoice-to-cash cycle: generate invoices from contracts or CRM deals, send them from your domain, submit to 600+ AP portals, follow up intelligently when they go overdue, match payments when they land, and sync everything back to your ERP. Intelligent collections resolves 90% of invoices without escalation by reading replies, detecting payment commitments, and adjusting tone per customer relationship. Cash application handles partial pays, overpayments, and multi-invoice remittances. Real-time reporting covers aging, DSO, collections performance, and cash forecast. Your team configures playbooks, escalation rules, and matching logic directly, no vendor support ticket required. Customers see 40%+ DSO reduction and 2.4x cash-on-hand increase in the first quarter. |
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Accounts Receivable Features
ACH Payment Processing
Supported
Billing & Invoicing
Supported
Check Processing
Supported
Collections Management
Supported
Online Payment Processing
Supported
Overpayment Processing
Supported
Partial Payments
Supported
Receivables Ledger
Supported
Recurring Billing
Supported
Billing and Invoicing Features
Billing Portal
Supported
Contact Database
Supported
Contingency Billing
Supported
Customer Portal
Supported
Customizable Invoices
Supported
Dunning Management
Supported
Hourly Billing
Not Supported
Invoice History
Supported
Mobile Payments
Supported
Multi-Currency
Not Supported
Online Invoicing
Supported
Online Payments
Supported
Payment Processing
Supported
Project Billing
Supported
Recurring/Subscription Billing
Supported
Service Ticket Billing
Supported
Tax Calculator
Supported
Accounts Payable Features
Approval Process Control
Supported
Bank Reconciliation
Supported
Cash Management
Supported
Check Writing
Supported
Duplicate Payment Alert
Supported
Fraud Detection
Supported
General Ledger Entry
Supported
Vendor Management
Supported
Budgeting Features
"What If" Scenarios
Not Supported
Asset Planning
Not Supported
Balance Sheet
Not Supported
Capital Asset Planning
Not Supported
Cash Management
Not Supported
Consolidation / Roll-Up
Not Supported
Forecasting
Not Supported
General Ledger
Not Supported
Income Statements
Not Supported
Multi-Company
Supported
Multi-Department / Project
Not Supported
Profit / Loss Statement
Not Supported
Project Budgeting
Not Supported
Run Rate Tracking
Not Supported
Version Control
Not Supported
Expense Report Features
Approval Process Control
Supported
Invoice Management
Supported
Multi-Currency
Not Supported
Receipt Management
Supported
Reimbursement Management
Supported
Spend Control
Supported
Time Tracking
Not Supported
Workflow Management
Not Supported
Payment Processing Features
ACH Check Transactions
Supported
Bitcoin Compatible
Supported
Debit Card Support
Supported
Gift Card Management
Not Supported
Mobile Payments
Supported
Online Payments
Supported
POS Transactions
Not Supported
Receipt Printing
Supported
Recurring Billing
Supported
Signature Capture
Supported
Recurring Billing Features
Customer Portal
Not Supported
Deferred Billing
Not Supported
Discount Management
Not Supported
Dunning Management
Not Supported
Invoice History
Supported
Multi-Currency
Not Supported
Multi-Period Recurring Billing
Not Supported
Payment Processing
Supported
Recurring Donations
Not Supported
Subscription Billing
Not Supported
Spend Management Features
Approval Workflow
Supported
Budgeting / Forecasting
Supported
Expense Tracking
Supported
Multi-Currency
Not Supported
Prepaid Cards
Not Supported
Procurement Management
Not Supported
Receipt Management
Supported
Spend Analysis
Supported
Spend Control
Supported
Supplier Management
Not Supported
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Accounts Receivable Features
ACH Payment Processing
Supported
Billing & Invoicing
Supported
Check Processing
Supported
Collections Management
Supported
Online Payment Processing
Supported
Overpayment Processing
Supported
Partial Payments
Supported
Receivables Ledger
Supported
Recurring Billing
Supported
Billing and Invoicing Features
Billing Portal
Not Supported
Contact Database
Supported
Contingency Billing
Not Supported
Customer Portal
Not Supported
Customizable Invoices
Supported
Dunning Management
Supported
Hourly Billing
Not Supported
Invoice History
Supported
Mobile Payments
Not Supported
Multi-Currency
Supported
Online Invoicing
Supported
Online Payments
Supported
Payment Processing
Supported
Project Billing
Not Supported
Recurring/Subscription Billing
Supported
Service Ticket Billing
Not Supported
Tax Calculator
Supported
Debt Collection Features
Agency Management
Not Supported
Auto Dialer
Not Supported
Automated Notices
Supported
Callback Scheduling
Not Supported
Client Management
Supported
Commission Management
Not Supported
Compliance Management
Supported
Contact Management
Supported
Credit Bureau Reporting
Not Supported
In-House Collections
Supported
Payment Plans
Not Supported
Transaction Management
Supported
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Integrations
Acumatica Cloud ERP
Supported
NetSuite
Supported
QuickBooks Online
Supported
Xero
Supported
Anrok
Not Supported
Deltek Vantagepoint
Not Supported
DualEntry
Supported
Emburse Tallie
Supported
JD Edwards EnterpriseOne
Not Supported
LoadMaster
Not Supported
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Integrations
Acumatica Cloud ERP
Supported
NetSuite
Supported
QuickBooks Online
Supported
Xero
Supported
Anrok
Supported
Deltek Vantagepoint
Supported
DualEntry
Not Supported
Emburse Tallie
Not Supported
JD Edwards EnterpriseOne
Supported
LoadMaster
Supported
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