SAN JOSE – BILL, which operates a finance platform used by nearly half a million businesses to manage, move, and maximize their money, announced it recently surpassed $2 trillion in cumulative total payment volume (TPV) since its founding.
On an average day, around $1 billion in payments flows through BILL. Behind every dollar moved is a finance workflow that has been automated or accelerated: an invoice captured and coded, approvals routed, vendor validated, fraud prevented, and payments sent and reconciled. This scale underscores why BILL is a leader in delivering software and payments for the Fortune 5 Million.
The company was originally founded in 2006 as CashView and went public in 2019.
“This $2 trillion milestone belongs to the businesses and firms that have trusted BILL with their most important financial work, and we thank every one of them,” said René Lacerte, CEO and Founder of BILL. “Together, we have built an ecosystem of SMBs, accounting firms, suppliers and partners at scale, and that is why BILL is a leader in this industry. Now we are putting that scale, expertise, and experience to work to define the future of intelligent finance.”
Here are some of the businesses and firms that rely on BILL to help them save time and money, including:
- The Utah Jazz shrinks a full day of payment processing to five minutes and saves more than 10 hours a week on expense follow-ups.
- Blackstone Products reviews month-end expenses in three hours instead of three days, and eliminated petty cash spending that had run as high as $12,000 a month.
- Mark Cuban Companies manages AP for 100 entities with one clerk and has reduced manual AP work by an estimated 50% or more.
- Insight Global lifts its payment match rate to at least 98%, up from a legacy process the customer estimates failed as often as 60 to 75% of the time, and saves up to six hours a week.
- Accounting firm Withum helps labor unions, some managing $100M+ in annual spend, go from half-day approvals and payments to minutes.
BILL is using AI to cut workflow friction, save time, and protect money for customers. The platform is built on a deep understanding of how SMBs manage their finances and payments. In the last year, BILL’s AI-powered platform has:
- Collected 240,000+ W-9s, with zero effort from customers.
- Automated ~1.2 million invoices across more than 9 million data fields, with roughly 90% fewer coding steps and about 50% faster processing.
- In the first 6 months of calendar year 2026, BILL’s AI-driven systems stopped 9.64 million fraudulent attempts, saving $925 million in potential losses for BILL customers.
