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Streamlined processes with AI agents
Inefficiencies force many leaders into trade-offs between running the back office and growing their business. BILL's new AI agents and features automate critical financial workflows and handle routine tasks accurately, so business leaders can focus on what matters most. Here are just a few ways BILL's AI agents can streamline formerly manual workflows:
BILL W-9 agent: Based on data from BILL customers, over 90% of businesses say collecting W-9s is the most painful part of doing taxes. But touchless tax compliance helps eliminate over 80% of manual steps for collecting W-9s. BILL's first-of-its-kind agent autonomously requests and pre-validates W-9s from vendors. It can erase most of the work associated with collecting up to 3 million W-9s, saving BILL customers an estimated 650,000 hours. The agent is available to over 170,000 businesses, making tax compliance faster, easier and more reliable.
BILL reconciliation agent: The touchless receipts agent automatically codes transactions so receipts reconcile themselves while maintaining full visibility into expenses, helping financial teams stay organized and compliant. In its early rollout, transactions processed entirely by AI increased 533%, at 92% accuracy. Within six months, it is expected to scale to over 40,000 businesses managing more than 72 million receipts annually, with the ultimate goal of making receipts touchless.
BILL's new agentic-powered onboarding: Agentic-powered user
onboarding is expected to deliver a more intuitive set-up for new Spend & Expense users, tailored to each business so employees can start spending compliantly from day one. The new agentic-powered BILL Assistant will also provide personalized, instant answers, intelligent recommendations and complete tasks on behalf of small businesses, to help them spend less time managing the back office and more time on business growth and development. BILL is also introducing other AI-powered features like BILL Assistant aimed at instant, personalized business support.
A touchless future
While web apps digitized manual workflows, well-built agents can actually eliminate them. BILL AI is building toward a future of touchless B2B transactions, so business operations run themselves, while people stay in control.
Learn more about how BILL's AI agents can help your business thrive and grow at BILL.com/product/ai. This content is presented 'as is' and is not intended to provide tax, legal or accounting advice. Please consult your advisors.