BILL Launches New Suite of AI Capabilities to Put Finance Teams in Control of AI and Protect Every Dollar

Risk intelligence, AI controls, chat and faster automated onboarding give businesses the confidence to put AI to work with their money.

SAN JOSE, Calif., October 19, 2026--BILL (NYSE: BILL), the intelligent finance platform trusted by nearly 500,000 businesses to manage, move, and maximize their money, today announced new agentic capabilities designed to give finance teams greater control and confidence in how AI works for them. The features help protect against payment errors; empower finance teams to control where AI works for them; answer questions in natural language chat, accelerate onboarding; and organize inbound documents.

SMBs want more control and confidence in AI

While 86% of small and medium-sized business (SMB) leaders report using AI tools in their financial operations, only 19% trust AI "completely" — with data quality and data security cited as key reasons to keep humans in the loop. In a recent BILL survey of U.S. accounting firms, nearly 90% described themselves as ambitious when it comes to AI, yet only around half trust AI data accuracy "somewhat." BILL is addressing the confidence gap by giving finance teams powerful new levels of control, security, and intelligence in their AI financial operations.

"Finance leaders know their businesses best, and they should be empowered to decide how and where AI works for them. With these new capabilities, BILL is giving finance teams the choice and confidence to use AI to protect their money, log AI actions, and equip them to control and run their business their way," said René Lacerte, CEO and Founder of BILL. "Built on more than $2 trillion in payment volume, BILL's AI has seen just about every payment, vendor pattern, anomaly, and fraud signal. We're leveraging this scale and data to deliver AI that finance teams can trust to help protect their business, and save time and money."

Risk intelligence for your money

In FY2026, BILL flagged ~$1.5 billion in payments made by customers that were the result of simple mistakes or unusual payments – for example, a vendor sends an invoice for the wrong amount. Simple mistakes like this cost finance teams time to fix. With the new risk intelligence capability, BILL's AI checks invoices before the payment gets scheduled. By automatically flagging invoices that deviate from a vendor's established billing history during the approval stage, finance teams can correct any mistakes faster and keep money moving.

From August to September 2026, BILL's risk intelligence autonomously detected on average $138,000 of mistakes or unusual payments per customer, saving them a total of 1,800+ days of manual work.