NetSuite and BILL Partner to Accelerate Accounts Payable Processes

Rhea-AI Summary

NetSuite and BILL (NYSE: BILL) announced a strategic partnership on October 7, 2025 to embed BILL-powered payment automation into NetSuite Intelligent Payment Automation for US customers. The capability enables fast activation, supports all US banks, and lets customers make payments from existing bank accounts within minutes. The integration uses BILL's vendor network of more than eight million businesses and combines AI-powered bill capture, bill matching, intelligent payment proposals, payment automation, and reconciliation into a single embedded ERP workflow. NetSuite Intelligent Payment Automation is now available to customers in the US.

Positive

• Embedded BILL payment automation inside NetSuite Intelligent Payment Automation
• Support for all US banks with minutes-to-activate payment capability
• Access to BILL's vendor network of >8 million businesses
• Consolidated AP functions: bill capture, matching, proposal, payment, reconciliation

Negative

• Availability announced for US customers only

Insights

Payments integration strategist

Strategic embedding of BILL into NetSuite promises faster, embedded AP automation for US customers, improving workflow and vendor connectivity.

By embedding BILL payment rails into NetSuite Intelligent Payment Automation, customers gain one-step bill capture, payment initiation, and reconciliation inside the ERP. This alignment removes delayed synchronization common with point solutions and centralizes the system of record so payment requests, approvals, and reconciliations occur in real time. The partnership leverages BILL's network scale and NetSuite's AI-led workflows to streamline accounts payable operations.

Principal dependencies include customers adopting the embedded flow, banks supported by the activation process, and the integrity of bank connections during on-boarding. Risks are operational: integration bugs, customer change management, or limited initial bank coverage could slow uptake. The announcement is dated Oct 7, 2025 and the capability is now available in the US; watch early customer activation rates and reported reconciliation error rates over the next 3–6 months as concrete adoption signals.

NetSuite Intelligent Payment Automation enables US customers to make fast,  secure , and flexible  vendor payments from within the world's #1 AI Cloud ERP

LAS VEGAS, Oct. 7, 2025 /PRNewswire/ -- SuiteWorld -- Oracle NetSuite, the #1 AI Cloud ERP, and BILL (NYSE: BILL), the intelligent finance platform trusted by half a million businesses to manage, move and maximize their money, have formed a strategic partnership to deliver enhanced payment processing to US customers. The new BILL-powered payment automation capability, which is embedded in NetSuite Intelligent Payment Automation, helps customers accelerate accounts payable processes, increase efficiency, and reduce 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 quick activation and support for all US banks, the new BILL-powered payment automation capability will enable NetSuite customers to begin making payments from their existing bank accounts within minutes of signing up. BILL's extensive network of more than eight million businesses enables customers to seamlessly connect with vendors and make fast, easy, and secure payments. 

"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."

With NetSuite Intelligent Payment Automation, customers can capture and pay bills, track payment information, and plan batch payment runs from one central location. Unlike point solutions that rely on delayed synchronization, NetSuite Intelligent Payment Automation is fully embedded, so the system of record is where every payment is requested, tracked, and reconciled in real time. This is made possible by NetSuite's advanced AI capabilities, which help enable the seamless flow of data across procurement, bill capture, payments, and reporting. NetSuite Intelligent Payment Automation includes:

• Payment automation: Helps customers improve efficiency with fast, secure, integrated payment capabilities that are powered by BILL's market-leading offering and its expansive vendor network of millions.
• Bill capture: Helps customers accelerate billing by eliminating manual data entry through AI-powered bill capture and matching capabilities.
• Intelligent payment proposal: Helps customers optimize payment strategies and achieve payment run goals by executing agentic AI workflows specified in natural language.
• Bill matching: Helps customers reduce errors and risk by automatically linking vendor bills to the correct purchase orders, avoiding overpayment, duplicate charges, or fraudulent bills.
• Payment reconciliation: Helps customers improve the accuracy of accounting data by eliminating error-prone manual reconciliation and enabling a faster financial close.

Availability
NetSuite Intelligent Payment Automation is now available to customers in the US.

About Oracle NetSuite
For more than 25 years, Oracle NetSuite has helped organizations of all sizes reach their goals faster and more efficiently. NetSuite provides an integrated business system with embedded AI that delivers powerful financial management, supply chain, customer experience, and HR capabilities. Relied on by more than 43,000 customers in 220 countries and dependent territories, NetSuite is the #1 AI cloud enterprise resource planning (ERP) solution. 

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

Bill.com, the Bill.com logo, and the "b" logo are trademarks of Bill.com, LLC.

About BILL
BILL (NYSE: BILL) is the intelligent finance platform trusted by nearly half a million businesses and their accountants to manage, move, and maximize their money. BILL powers businesses ranging from fast-moving startups to growing companies with complex operations. We use AI to deliver strategic finance capabilities in one integrated platform that includes AP, AR, expenses, forecasting, procurement and more. With a member network of more than 8 million, BILL's platform processes ~1% of US GDP annually. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and software providers. For more information, visit bill.com.

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SOURCE Oracle NetSuite

FAQ

What did NetSuite and BILL announce on October 7, 2025 for BILL (NYSE: BILL)?

They announced a strategic partnership embedding BILL-powered payment automation into NetSuite Intelligent Payment Automation for US customers.

How quickly can NetSuite customers start making payments with the new BILL integration?

NetSuite customers can begin making payments from existing bank accounts within minutes of signing up.

Does the NetSuite and BILL payment capability support my bank for BILL (NYSE: BILL)?

The announcement says the capability supports all US banks.

What AP features does NetSuite Intelligent Payment Automation include with BILL (NYSE: BILL)?

It includes AI bill capture, bill matching, intelligent payment proposals, payment automation, and payment reconciliation.

How many vendors can businesses reach through the BILL network in NetSuite?

The integration leverages BILL's vendor network of more than 8 million businesses.

When and where is NetSuite Intelligent Payment Automation with BILL available for BILL (NYSE: BILL) customers?

The capability is now available to NetSuite customers in the US as of October 7, 2025.