October 2, 2025
In today’s economy, every dollar and every hour counts.
Parking operating cash in low- or no-yield accounts doesn’t just cost businesses money – it costs them the opportunities to grow. Constantly transferring funds between accounts doesn’t just cost teams time – it costs them the ability to optimize resources. Every hour an accountant spends searching reports, is an hour they can’t spend providing strategic advice to clients.
It’s time for a new status quo – leaving the unnecessary trade-off between merely managing cash flow and maximizing it.
This week, BILL is smashing the status quo with a series of new innovations and solutions to help businesses not only save time and money – but to make smarter decisions so they can grow. We’re launching a high-yield, best-in-class operating account, as well as new enhancements and solutions right across the BILL platform to help businesses and firms get intelligent insights and streamline operations.
At BILL, we believe the Fortune 5 million should have the same capabilities as the Fortune 500. We’re excited to be building this future.
A new era in cash management
Businesses are wasting time switching money between multiple accounts. And they’re leaving money on the table. The average SMB is losing out on ~$1,200 in annualized interest by having their operating cash sit in low- or no-yield accounts – that’s more than $6 billion a year that could be flowing into the SMB economy that currently isn’t.
We’re trying to change that. BILL Cash Account1 isn't just another bank account. We’re introducing a high-yield, best-in-class operating account – delivering at least 20% higher returns than other operating accounts in our industry2. And because it’s fully embedded within the BILL platform, businesses can turn idle cash into a powerful engine for growth without the hassle of moving funds between treasury and operating accounts.
Until now, treasury-level capabilities have been reserved for large enterprises who have the staff to manage multi-billion-dollar complexity and the leverage to negotiate bespoke contracts with banks.
For growing businesses, earning interest means moving cash every day, which creates financial complexity, manual work, can lead to payment delays or potentially strained vendor relationships.
Today, BILL Cash Account is offering 3% APY3 on operating deposits. That’s 42x the national average APY on operating deposits4. It simplifies cash management, combining treasury and payables into one seamless experience, and enabling faster, next-business-day ACH payments with no added fees or minimums5. And it gives businesses more peace of mind, with up to $200 million in FDIC insurance6.
Whether you are a growing mid-market company looking to simplify operations, or a smaller business looking to optimize cash flow, this new product lets you earn money off your money, while leveraging the power of BILL’s payments scale and network of 8 million members.
Put simply: BILL is helping businesses make money off their money. For an average SMB, that’s worth an estimated $1,200 in annualized interest based on payments volume alone.
The result? You can make the most of your AP and cash management. You can keep your primary account where it works best. You can tap into BILL’s network. And you can use BILL Cash Account to earn on operating capital, move payments faster, and manage your AP smarter—all in one seamless experience.
Learn more about BILL Cash Account here.
Save time, save money and unlock growth
With a network of 8 million members, our latest products and solutions leverage BILL’s scale, software and payments innovations to deliver real impact for businesses and accounting firms. Here are some of the new ways we’re giving businesses and firms back time and money – and helping them grow.
A best-in-class Accountant Console
BILL is trusted by more than 9,000 accounting firms because we deliver innovations that are tailored for their needs. Which is why we’ve launched new reporting features within the Accountant Console to give accountants visualized insights, key AP data summaries, and centralized client reporting.
Firms can now see the full picture of their firm and client activity, all in one place. What’s happening across clients, spot what needs attention, and share the story behind the numbers. Whether reviewing payments, tracking performance, or surfacing trends, the new reporting experience helps firms not only save time – but also to grow their strategic advisory services for clients.
Gmail and Lyft integration
For businesses with lots of traveling employees, we want to delete the headache of dealing with receipts. So we’ve built new Gmail and Lyft integrations so your receipts flow straight into BILL Spend & Expense. No inbox digging, no uploading, no hassle. Your travel and entertainment expenses now manage themselves.
Learn more about these newly launched integrations here.
International vendor management
We want to reduce the operational work of global payments for AP teams. That’s why we’re making it easier to pay international vendors with a new self-service feature.
Customers can invite international vendors to join the BILL network to securely enter and manage their bank information, and get visibility into payment status. For AP teams, this minimizes manual errors and reduces time spent managing payment details and follow-ups. When a vendor joins the BILL network, payers can skip the wire fees for USD payments and continue to pay no wire fees on foreign currency payments7. Global vendors can also choose their preferred currency.
This new innovation cuts down on time spent fielding questions from vendors, simplifies reconciliation on both sides, and frees up AP teams to focus on strategy and growth.
A more powerful API platform
For businesses that are deeply technical and want to embed BILL’s powerful technology, we’re giving them fast and reliable integrations. We’ve made our API Platform more powerful by streamlining approvals, boosting fraud protection, and accelerating set up and troubleshooting.
Our new Approvals API will better integrate approval workflows into customers’ systems. The 3D Secure API will add stronger fraud protection to card payments. And BILL webhooks on Postman will supercharge integrations with real-time financial data.
This is innovation that will give businesses more control, visibility and security, while also helping them scale faster.
Custom file integration
Outside of cashflow, we know data is essential for businesses today. We want to make it easier to connect your data. So we've rebuilt our export functionality to support integrations with vertical-specific software or unique accounting workflows that require data exports from BILL.
Instead of manipulating data manually in spreadsheets, businesses can configure exports directly in BILL to select and define exactly the data you need. You can schedule file delivery via SFTP, email, or in-product download. Select only the modules and record types you want to include in the export file. And you can create reusable templates so you only need to configure your data once—or choose from our growing library of pre-built templates for systems like Blackbaud and Yardi.
Amortization sync
We want to make it faster for you to run your business. So we’ve made it easier to manage your amortized bills. Just identify a bill as needing to be amortized, and BILL will sync it automatically to the integrated ERP according to your schedule. Giving you back time that you can use to grow your business.
You can learn more about these solutions here.
Do business, not busyness, with BILL
Being an innovation leader isn’t just about delivering new products. It’s about delivering impact at scale. Lots of big things in the pipeline (👀 Agents coming soon!) that will drive impact to nearly half a million businesses and more than 9,000 accounting firms. And we’re only just getting started.
Not a BILL customer yet? Sign up for a guided demo to learn what BILL can do for your business.
1 BILL and its subsidiaries and affiliates are a financial technology company, not a bank. BILL Cash Account and banking services provided by Column N.A., Member FDIC.
2 Comparison reflects business accounts within the AP software industry. Advertised APYs apply to operational funds, not savings-style sub-accounts that are not directly usable for payments.
3 The Annual Percentage Yield (APY) as advertised is accurate as of June 30, 2025. Interest rate and APY are subject to change at any time before and after the BILL Cash Account is opened.
4 Earnings compared and calculated based on the national average rate on interest checking accounts of .07% published by the FDIC as of 09/15/25, and an earn rate of 3.00% offered and paid by BILL Cash Account.
5 No additional fees apply to opening or holding a BILL Cash Account. Other fees may be applicable to the service used or subscribed to with BILL, including but not limited to BILL account subscription fees, transaction fees, payment processing fees, and other special services fees. For more information on BILL service fees, please see the BILL Terms of Service.
6 BILL is a financial technology company, not an FDIC-insured depository institution. FDIC deposit insurance covers the failure of an insured depository institution. Certain conditions must be satisfied for pass-through FDIC insurance to apply. Deposits in BILL Cash Accounts are FDIC-insured through Column N.A., Member FDIC and Column’s Sweep Program Network Banks.
7 Standard exchange rates may apply.
