Bill.com Intelligent Virtual Assistant – 2019 Innovation Award Nominee

Bill.com delivers financial process efficiency and greater control to accounting firms and clients through streamlined and automated AP and AR management. The Inbox Virtual Assistant (IVA), AI built into Bill.com, automatically extracts data from invoices including vendor name, invoice number, invoice date, due date, and amount due and creates bills in real-time. It then notifies you when action is needed. You see a side-by-side comparison of the original invoice and the extracted data, so you know in a glance if the bill information is complete and accurate. IVA gets more intelligent as you use it, learning your processes and preferences to give you total control over every aspect of bill management.

Bill.com and IVA reduce the time spent on AP by 50% and gets clients paid up to 3 times faster. It easily scales as an accounting firm grows and allows firms to:

• Streamline busywork while staying in control. Bill.com auto-enters invoice data for your review, routes bills to approvers, and syncs with your accounting software.
• Reduce data entry. IVA captures all critical data from your invoices.
• Catch mistakes early. Invoices, bills, and payments for duplicates are monitored, reducing human error.
• Auto-approve recurring bills. Approve recurring bills once, and Bill.com shortcuts future bills to you for review and payment.