BILL Spend & Expense (Formerly Divvy)

BILL Spend & Expense (formerly known as Divvy) is a comprehensive solution designed to transform how businesses manage their finances. By combining an innovative expense management platform with powerful corporate card capabilities, BILL empowers companies to streamline their financial processes effortlessly. With an emphasis on real-time visibility and customizable controls, businesses can take command of their budgets and spending like never before.

Thousands of businesses have turned to BILL as a trusted companion in their financial journey, benefiting from features that simplify expense tracking and enhance overall efficiency. Whether you are a small startup or a midsize enterprise, BILL Spend & Expense helps you save time and money, allowing you to focus on what truly matters—growing your business. Embrace the future of financial management with BILL and experience a smarter way to handle your business expenses.

Product Features of BILL Spend & Expense (Formerly Divvy)

Overview

BILL Spend & Expense is a comprehensive expense management tool designed to streamline how businesses manage their spending. By combining advanced expense management software with the BILL corporate card, this platform offers users real-time visibility and control over their finances.

Main Purpose and Target User Group

The primary purpose of BILL Spend & Expense is to simplify and automate financial processes for small to midsize businesses, accounting firms, and organizations across various industries. It is an ideal solution for finance teams, business owners, and operations managers who need efficient ways to manage expenses, budgets, and payments.

Feature Details and Operation

• Expense Management: Automates the tracking and reporting of expenses, eliminating the need for traditional expense reports.
• Budget Management: Offers customizable controls and policies that help businesses manage budgets effectively.
• Mobile App: Provides tools that allow users to carry out transactions and manage expenses in real-time while on the go.
• Virtual Cards: Protects businesses against fraud and overspending through virtual cards tied to the corporate account.
• Reimbursements: Simplifies managing and tracking out-of-pocket expenses and reimbursements in one place.
• Integrations: Works seamlessly with popular accounting software such as QuickBooks, Sage Intacct, and Oracle NetSuite.

User Benefits

• Time Efficiency: Users report an average monthly time savings of 12 hours by automating expense reporting and approvals.
• Cost Savings: Many businesses save over $10,630 monthly, enhancing financial efficiency.
• User Experience: The platform is regarded as highly user-friendly, enabling easier navigation and management.
• Rewards: Users can earn cashback, travel rewards, and other flexible redemption offers.

Compatibility and Integration

BILL Spend & Expense is compatible with various accounting and ERP systems. It integrates smoothly with:

• Intuit QuickBooks
• Oracle NetSuite
• Sage Intacct
• Additional accounting software as listed on the platform.

Customer Feedback and Case Studies

Many users have shared positive feedback, noting significant time and cost savings. For instance, Calendly reported saving 7-10 hours per month and $15-20k annually on expense reporting. Numerous testimonials highlight improved financial tracking, user-friendly experiences, and enhanced operational efficiency.

Access and Activation Method

To access BILL Spend & Expense, interested users can visit the official website BILL.com and sign up for a free account or request a demo to explore the features further.

What is BILL Spend & Expense?

BILL Spend & Expense, formerly known as Divvy, is an all-in-one expense management solution designed to simplify and streamline how businesses manage their spending. It combines powerful software with access to a business credit card, offering features such as real-time visibility, customizable controls, and automated expense tracking.

What features does BILL Spend & Expense offer?

BILL Spend & Expense offers numerous features including:

• Expense Management: Streamline and automate your expense reporting process.
• Budget Management: Control your budgets with customizable spend controls and policies.
• Virtual Cards: Protect your business from fraud and overspending.
• Mobile App: Manage your expenses on-the-go.
• Rewards: Earn rewards and flexibly redeem them.
• Accounting Integrations: Seamlessly integrate with popular accounting software.

How does BILL Spend & Expense work?

BILL Spend & Expense works by providing businesses with a corporate card and intuitive software to manage expenses effectively. Users can monitor real-time spending, assign budgets, and automate reimbursements. The mobile app ensures that teams can manage these processes wherever they are, granting visibility and control at all times.

What is the pricing for BILL Spend & Expense?

BILL Spend & Expense offers a free software solution with no hidden fees or long-term contracts. Pricing details related to business credit applications and additional services may vary based on individual needs.

Helpful Tips for Using BILL Spend & Expense

• Leverage the mobile app for real-time expense tracking and approvals.
• Set up customizable spending policies to enforce budget control.
• Explore rewards options to maximize business expenses for travel or other operations.
• Regularly review spending reports for financial insights and cost-saving opportunities.

Frequently Asked Questions

Is BILL Spend & Expense suitable for small businesses?

Yes, BILL Spend & Expense is designed for small businesses and helps them easily manage expenses, budgets, and financial processes.

Can I integrate BILL Spend & Expense with my accounting software?

Absolutely! BILL Spend & Expense integrates seamlessly with popular accounting platforms like QuickBooks, Sage Intacct, and Oracle NetSuite.

What types of rewards can I earn with BILL Spend & Expense?

With BILL Spend & Expense, users can earn cash back, travel rewards, statement credits, and gift cards based on their spending.

How secure is the BILL Spend & Expense platform?

BILL Spend & Expense prioritizes security with features like virtual cards, fraud protection measures, and secure payment processing to protect your financial data.