Software vendor
BILL (BILL Holdings, Inc.)
BILL, an NYSE-listed SEC filer in San Jose, sells AP, AR and spend and expense software to small and midsize businesses, with AI agents launched in fiscal 2026.
Function
- Ownership
- PublicSourceBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
BILL Holdings, Inc.; common stock trades on the New York Stock Exchange under the symbol BILL, per its Form 10-K for the fiscal year ended June 30, 2026.
- Headquarters
- United StatesSourceBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
- SEC reporting
- YesSourceBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
- Audit firm
- No
- Website
- Subprocessor list
- Not stated
- Contract terms
- Not stated
Offering · Software
BILL Accounts Payable and Accounts Receivable, with BILL AI agents
BILL sells accounts payable and receivable software to small and midsize businesses, and its fiscal 2026 Form 10-K says it launched BILL AI that year, including its first suite of AI agents. SourceBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
BILL says its Invoice Coding Agent codes multi-line bills from past coding behavior and its W-9 Agent emails vendors to collect and enter W-9s on its own. SourceBILL AI (AI accuracy powered by a trillion dollars of experience)
Plans are listed at $49, $65 and $89 per user per month in BILL's published pricing, October 2026, with the Invoice Coding Agent listed on the Team and Corporate plans, not Essentials. SourceBILL pricing and plans
Where it fits
CoE analysis Payables and receivables for small and midsize businesses and their accounting firms, where agents take over coding and vendor paperwork.
BILL's own risk factors note that third-party AI models it integrates rely partly on the model developers' safeguards. SourceBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
What it does
- Offering type
- SoftwareSourceBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
- Workflow areas
- SourcesBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)BILL pricing and plans
- Accounts payable
- Receivables and collections
- Customer size
- SourceBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
- Small business
- Mid-market
AI
- Kind of AI
- SourceBILL AI (AI accuracy powered by a trillion dollars of experience)
- Built into the platform
- Agents and automated actions
- Established machine learning and rules
- Suggests or acts
- Suggests and actsSourcesBILL AI (AI accuracy powered by a trillion dollars of experience)BILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
- Availability
- Generally availableSourcesBILL pricing and plansBILL AI (AI accuracy powered by a trillion dollars of experience)
The Invoice Coding Agent and W-9 Agent appear in published plans; the Smart Response Agent is described as coming soon.
- Models named
- Not stated
Control
- Who controls it
- SourcesBILL AI (AI accuracy powered by a trillion dollars of experience)BILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
- Customer finance team
- Vendor
Commercial
- Pricing model
- Published list priceSourceBILL pricing and plans
- Public price
- USD 49 per user per month (Essentials; Team $65; Corporate $89)SourceBILL pricing and plans
BILL Accounts Payable & Receivable, Essentials
Evidence
- Independent outcomes
- None found in the sources read.
- Sources read
- Vendor-stated 5
- Independent market evidence 4
- Independently verified outcomes None read
- Pricing 3
- Known limitations None read
- Coverage
- Directory record
- Last verified
Security and control
- Single sign-on
- Not covered in this record
- User provisioning
- Not covered in this record
- Role-based access
- Not covered in this record
- Administrator controls for AI
- Not covered in this record
- Audit logs
- Not covered in this record
- Certifications
- Not covered in this record
- Data retention
- Not covered in this record
- Data residency
- Not covered in this record
- Training on customer data
- Not covered in this record
AI features
As the vendor or firm describes them. Notes in small print record what the sources leave open.
BILL Invoice Coding Agent
Extracts and codes multi-line bills based on previous coding behavior; BILL states a 20% reduction in manual time.
- Kind
- Agents and automated actions, Built into the platform
- Suggests or acts
- Acts
- Who controls it
- Vendor
- Availability
- Generally available
BILL W-9 Agent
Autonomously emails vendors to collect and enter W-9s; BILL states it removes over 80% of the manual steps.
- Kind
- Agents and automated actions
- Suggests or acts
- Acts
- Who controls it
- Vendor
- Availability
- Generally available
Intelligent bill capture and duplicate and missing bill detection
Machine-reads bills and pre-populates fields for AP staff to review; warns of duplicate invoices and highlights potential missing bills.
- Kind
- Established machine learning and rules, Built into the platform
- Suggests or acts
- Suggests
- Who controls it
- Customer finance team
- Availability
- Generally available
Control: AP staff review and adjust the result before routing.
SourcesBILL AI (AI accuracy powered by a trillion dollars of experience)BILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)Fraud monitoring
Predictive AI monitors transactions in real time to detect suspicious activity.
- Kind
- Established machine learning and rules
- Suggests or acts
- Suggests
- Who controls it
- Vendor
- Availability
- Generally available
Smart Response Agent
Will handle automatic email correspondence for common AP inquiries.
- Kind
- Agents and automated actions
- Suggests or acts
- Acts
- Who controls it
- Vendor
- Availability
- Announced
Questions to ask
For this offering
- Which BILL agents can send email to our vendors or change vendor and bill records without a person approving, and can we require approval?
- Which third-party AI models do the agents use, and is our data used to train them or BILL's own models?
- How are agent actions recorded, and can we export that history for audit?
- Is the Invoice Coding Agent's coding reviewed before a bill posts to our accounting system, and how are coding errors reported?
- Will BILL AI features move between plans or carry separate charges as more agents launch?
From the diligence question set
- DQ-04 Which AI features are in the modules and edition we license, or would license, and is each generally available, in preview or beta, a paid add-on, or limited by edition or region?
- DQ-06 Does each feature suggest or act? Can it create, post, approve or change records, and where is that limit enforced?
- DQ-07 Who can change each feature's configuration, prompts, thresholds, data connections or model: your company, our administrators or individual users? Can we restrict and log those changes?
- DQ-02 Which AI features depend on models, data or services from third parties, and how do you assess and monitor those providers?
- DQ-19 How are the AI features priced: included in the subscription, sold as an add-on or higher tier, or metered by use? What is the billing unit?
- DQ-13 What does the system record for each AI output or action, and can we export and keep those records for as long as we need them?
Offering · Software
BILL Spend & Expense, with the Transaction Agent
BILL Spend & Expense pairs corporate cards with expense software that BILL lists at $0 per user per month in its published pricing, October 2026. SourceBILL pricing and plans
BILL says its Transaction Agent completes transactions by grabbing or generating receipts, categorizing fields and writing memos, and that AI also auto-categorizes expenses and matches receipts. SourceBILL AI (AI accuracy powered by a trillion dollars of experience)
Where it fits
CoE analysis Card and expense management for small and midsize businesses that want receipts and coding handled automatically.
CoE analysis A Transaction Agent that can generate receipts and write memos needs review rules that expense auditors accept.
What it does
- Offering type
- SoftwareSourceBILL pricing and plans
- Workflow areas
- ExpenseSourceBILL AI (AI accuracy powered by a trillion dollars of experience)
- Customer size
- SourceBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)
- Small business
- Mid-market
AI
- Kind of AI
- SourceBILL AI (AI accuracy powered by a trillion dollars of experience)
- Agents and automated actions
- Established machine learning and rules
- Suggests or acts
- ActsSourceBILL AI (AI accuracy powered by a trillion dollars of experience)
- Availability
- Generally availableSourcesBILL Holdings, Inc. Annual Report on Form 10-K for the fiscal year ended June 30, 2026 (filed August 20, 2026)BILL AI (AI accuracy powered by a trillion dollars of experience)
Described as current on the AI page; the 10-K lists touchless transactions among agents launched in fiscal 2026.
- Models named
- Not stated
Control
- Who controls it
- VendorSourceBILL AI (AI accuracy powered by a trillion dollars of experience)
Commercial
- Pricing model
- Published list priceSourceBILL pricing and plans
- Public price
- USD 0 per user per month (software); card fees not statedSourceBILL pricing and plans
BILL Spend & Expense
Evidence
- Independent outcomes
- None found in the sources read.
- Sources read
- Vendor-stated 2
- Independent market evidence 2
- Independently verified outcomes None read
- Pricing 1
- Known limitations None read
- Coverage
- Directory record
- Last verified
Security and control
- Single sign-on
- Not covered in this record
- User provisioning
- Not covered in this record
- Role-based access
- Not covered in this record
- Administrator controls for AI
- Not covered in this record
- Audit logs
- Not covered in this record
- Certifications
- Not covered in this record
- Data retention
- Not covered in this record
- Data residency
- Not covered in this record
- Training on customer data
- Not covered in this record
AI features
As the vendor or firm describes them. Notes in small print record what the sources leave open.
BILL Transaction Agent
Completes transactions by grabbing or generating receipts, coding transactions and writing memos.
- Kind
- Agents and automated actions
- Suggests or acts
- Acts
- Who controls it
- Vendor
- Availability
- Generally available
Auto-categorization and receipt matching
Auto-populates expense categories from merchant, transaction data and selection history, and matches receipts to transactions.
- Kind
- Established machine learning and rules
- Suggests or acts
- Acts
- Who controls it
- Vendor
- Availability
- Generally available
Questions to ask
For this offering
- When the Transaction Agent generates a receipt, how is that receipt marked, and does it satisfy our expense documentation and tax requirements?
- Can we require a person to approve agent-coded transactions before they sync to our accounting system?
- What does BILL record about each agent action, and can we export it?
- How does categorization learn from our corrections, and can that learning be reset?
From the diligence question set
- DQ-06 Does each feature suggest or act? Can it create, post, approve or change records, and where is that limit enforced?
- DQ-09 Is each output generative or deterministic, what does any confidence score mean, and can a past output be reproduced and explained?
- DQ-13 What does the system record for each AI output or action, and can we export and keep those records for as long as we need them?
- DQ-12 Does the feature learn from our data, including corrections and overrides, and how does it detect and handle changes in our business?