Wednesday, October 8, 2025

NetSuite and BILL Partner to Streamline Accounts Payable

Oracle NetSuite, the #1 AI Cloud ERP, and BILL, the intelligent finance platform trusted by over half a million businesses, announced a strategic partnership to enhance payment processing capabilities for U.S. customers. The integration of BILL’s payment automation into NetSuite Intelligent Payment Automation enables businesses to accelerate accounts payable processes, increase operational efficiency, and reduce financial risk.

“Accounts payable plays an important role in helping organizations manage cash flow, control costs, and build stronger vendor relationships,” said Evan Goldberg, founder and executive vice president, Oracle NetSuite. “Our strategic partnership with BILL will enable our customers to optimize payment processes within NetSuite. It will also help us continue to extend the value our customers get from NetSuite Intelligent Payment Automation, one of the most advanced, AI-powered accounts payable offerings on the market.”

With fast activation and support for all U.S. banks, the new BILL-powered payment automation capability allows NetSuite customers to start making payments from their existing bank accounts within minutes of setup. BILL’s extensive network, connecting more than eight million businesses, enables customers to pay vendors quickly, securely, and seamlessly.

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“This partnership marks an important milestone in our BILL mission to make intelligent finance more accessible to growing businesses everywhere-delivering innovation where they need it most, inside the systems they rely on to run their critical operations,” said René Lacerte, chief executive officer and founder, BILL. “As an industry leader in delivering AP automation to nearly half a million BILL customers, we’re proud that our powerful payment capabilities and extensive network are being embedded within the world’s #1 AI Cloud ERP-providing an entirely new way for businesses to pay faster, optimize cash flow and accelerate growth.”

NetSuite Intelligent Payment Automation provides a centralized platform where customers can capture and pay bills, track payments, and plan batch runs efficiently. Unlike traditional point solutions, which often rely on delayed data synchronization, the embedded system ensures that every payment is requested, tracked, and reconciled in real time. This is powered by NetSuite’s advanced AI capabilities, allowing data to flow seamlessly across procurement, billing, payments, and reporting.

Key capabilities of NetSuite Intelligent Payment Automation include:

  • Payment Automation: Boosts efficiency with fast, secure, and integrated payments, powered by BILL’s industry-leading technology and vendor network.

  • Bill Capture: Speeds up billing by eliminating manual data entry through AI-powered capture and matching.

  • Intelligent Payment Proposal: Optimizes payment strategies using agentic AI workflows executed in natural language.

  • Bill Matching: Reduces errors and risk by automatically linking vendor bills to purchase orders, preventing overpayments, duplicates, and fraudulent transactions.

  • Payment Reconciliation: Enhances accounting accuracy by automating reconciliation, supporting faster and more reliable financial closes.

Through this partnership, Oracle NetSuite and BILL are delivering a fully integrated, AI-driven accounts payable solution designed to help businesses streamline workflows, improve cash flow management, and scale growth confidently.

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