Billing and invoicing are two of the important accounting functions every business needs. BILL (formerly bill.com) offers a two-in-one solution that can help small businesses manage them conveniently, along with the option to automate your AP processes and process payments at affordable rates. However, BILL does not offer a full suite of accounting features, which may require you to look for integration options or alternatives for your small business. Many BILL competitors can offer you comparable features while being better suited for your business accounting needs.
Here are the top six alternatives to BILL you can consider:
- Plooto: Best for lightweight B2B online payments
- QuickBooks: Best for full bookkeeping accounting system
- Ramp: Best for digitizing and automating your operations
- Spendesk: Best all-in-one spend management platform
- DocuWare: Best for workflow automation and process optimization
- Stripe Billing: Best for all your payment needs
BILL vs. Alternatives – Comparison Table
BILL (formerly bill.com) | Plooto | QuickBooks | Ramp | Spendesk | DocuWare | Stripe Billing | |
Price | Starting at $45 per user per month | Starting $25 per month | Starting $25 per month | Free | Custom | Custom | Custom |
Free Trial | Yes | Yes | Yes | NA | NA | NA | NA |
Accessibility | Cloud, mobile | Cloud | Cloud, mobile, desktop | Cloud, mobile | Cloud, mobile | Cloud, mobile, desktop | Cloud |
Customer Care | Business hours support, online resources | Business hours support, online resources | 24/7 support, online resources | Online resources | Business hours support, online resources | Business hours support, online resources | 24/7 support, online resources |
6 Best BILL Competitors & Alternatives
Most accounting software for small businesses offers similar features. But factors like your business needs, key features, accessibility, and price can determine which BILL alternative is the best for you. Let us explore the six best competitors to BILL that can meet your small business’s accounting needs better:
Plooto – Best for lightweight B2B online payments
Overview
Plooto offers you a powerful platform to simplify your accounts payable and receivable processes, allowing you extensive control and visibility over your cash flow. Its automatic reconciliation with QuickBooks or Xero makes it easier for you to lower your operational costs and eliminate any manual errors from the AP/AR processes.
pros
- Supports unlimited users
- Two-way integration with Xero or QuickBooks for free
- Free bookkeeper collaboration
- Free live support
cons
- No mobile app
- Setup can be tricky
- Getting in touch with customer care can be challenging
Pricing Plans
Plooto plans start at $25 per month, which includes 10 free domestic transactions each month. Additionally, Plooto charges
- $0.50 per domestic transaction after the 10th transaction
- $9.99 per international transaction
- $1.99 per check payment
- $3 CRP payments in Canada
QuickBooks – Best for full bookkeeping accounting system
Overview
QuickBooks is one of the best full-service accounting software that can meet the accounting needs of every business. With features like banking and cash management, invoice management, numerous financial reporting templates, and assisted bookkeeping, it is one of the best solutions for a growing business.
pros
- Robust mobile app for on-the-go accessibility
- Efficient bank reconciliation features
- Can track income and expenses by project, class, or location
- Inventory management features
cons
- More expensive than competitors
- Supports limited users with each plan
Pricing Plans
QuickBooks offers four pricing plans:
- Simple Start: $25 per month; supports one user
- Essentials: $50 per month; supports up to three users
- Plus: $80 per month; supports up to five users
- Advanced: $180 per month; supports up to 25 users
Ramp – Best for digitizing and automating your operations
Overview
Ramp is a powerful corporate card platform that can help you keep a digital track of every transaction and regulate your payments. It is accessible and user-friendly, with features to capture receipts, categorize expenses, and automate workflows. This way, you can minimize the manual efforts in payment processing to lower your operational costs. Additionally, Ramp’s cashback rewards can further contribute to your savings.
pros
- Access to tools for streamlining expense management
- Unlimited 1.5% cash back rewards with corporate card
- Easy to use and intuitive user interface
- Access to real-time financial insights
cons
- Lacks comprehensive accounting features
- Limited customer support
Pricing Plans
Ramp is available for free.
Spendesk – The best all-in-one spend management platform
Overview
As an all-in-one management solution, Spendesk allows your accounting teams to manage invoices, expense reimbursements, automated accounting, company cards, and sped approvals. You can also streamline and safeguard your transactions by using virtual cards, setting individual and team thresholds, pre-payment approvals, and decentralization of approval authority. This scalable solution gives visibility into your spending to regulate and manage your cash flow better.
pros
- Real-time spending tracking for better budget control
- Built-in payment control processes
- Simple and easy-to-use interface
cons
- Limited third-party integration options
- Lacking analytics dashboard
- Category-wise expense tracking might be tricky
Pricing Plans
Spendesk offers custom pricing plans depending on your business size and needs.
DocuWare – Best for workflow automation and process optimization
Overview
DocuWare is one of the best tools available for digitizing and securing data assets of your business while automating your workflows and optimizing your processes. It is a perfect solution for remote teams working from distributed locations to centralize and organize their information – from process documents to invoices – and improve productivity.
pros
- Powerful OCR and scanning tools
- Tools to automate your document-centric processes with just one click
- Easily scalable as your business grows
cons
- Limited customization options
- Lack of learning resources and support
- Limited and complex integrations
Pricing Plans
DocuWare offers custom price quotes depending on your business needs and the number of users you want to support.
Stripe Billing – Best for all your payment needs
Overview
Stripe Billing’s online platform offers a comprehensive set of solutions for all your payment needs. You can easily automate and optimize your invoices, revenue recovery, payments, and subscriptions. You also have the option to create your own billing form – for one-time or recurrent billing – securely, making it an ideal solution for small businesses with e-commerce presence or recurring billing needs.
pros
- Powerful and intuitive dashboard
- Easy to access customer support and knowledge resources
- Easy third-party integrations
- Supports multiple payment options
cons
- No transparent pricing
- Lacking reconciliation and reporting features
- Strict and punitive rules enforcement leading to regular account suspensions
Pricing Plans
Stripe Billing offers custom pricing plans depending on your unique invoice and payment management needs.
Methodology – How We Evaluated BILL Alternatives
Evaluating BILL competitors, we have looked at the basic invoice, billing, and payments management tools any business would need. Going beyond fundamental accounting features, we considered factors like analytic capabilities, reporting templates, ease of use, and pricing structure when listing the top 6 BILL (formerly bill.com) alternatives. Lastly, accessibility (remote or mobile), customer support, and availability of learning resources also factored into the evaluation methodology.
Conclusion
Access to the right billing, invoicing, and payment tools is critical for any business to manage its cash flow and maintain vendor relationships. Although BILL offers a two-in-one solution to manage billing and invoicing, its lack of comprehensive accounting features makes it less desirable for many small businesses. You can look at its top alternatives – Plooto, QuickBooks, Ramp, Spendesk, DocuWare, or Stripe Billing – and compare their offerings with your individual business needs to find the solution best suited for your business.