Bill360
Bill360 is a Tampa-based SaaS company that provides an AI-driven accounts receivable automation and embedded payments platform purpose-built for small and mid-sized B2B companies in the United States, integrating natively with QuickBooks and Xero.
- Company typePrivate
- Founded2021
- HeadquartersTampa, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Bill360 does
Bill360, Inc. is a Tampa, Florida-based SaaS company that provides an accounts receivable (AR) automation and embedded payments platform purpose-built for small and mid-sized B2B companies in the United States. The cloud-native platform combines electronic invoicing, payment processing (card and ACH), automated reconciliation, AutoPay, a customer self-service portal, and an AI-driven business insights dashboard into a single product. The company serves customers across verticals including manufacturing, professional services, and digital marketing, with named users such as Brand Label, WiT Group, Loop, WeighPay, Supporting Strategies, Finale, and Numbers Matter. Bill360 reports being trusted by 60,000+ B2B users and positions itself as the only AR automation platform specifically designed for B2B rather than B2C use cases.
The underlying technology centers on proprietary AI that captures validated invoice-level payment data early in the invoice workflow, which the company claims qualifies transactions for Visa's Commercial Enhanced Data Program (CEDP) and reduces Visa B2B invoice transaction fees by up to 35%. Native bidirectional integrations with QuickBooks and Xero enable rapid onboarding (claimed at as fast as 1 hour) and serve as the primary system-of-record anchor. The payment stack is operated via a payment-facilitator model with First Data Merchant Services providing acquiring services and MetaBank serving as the Visa/MasterCard network sponsor; Itembase provides commerce data connectivity. Bill360 holds PCI DSS compliance posture, complies with Nacha Rules for ACH, and maintains GDPR/CCPA-aligned privacy practices.
Bill360 generates revenue through SaaS subscriptions, payment processing transaction fees on embedded card and ACH transactions, and optional merchant surcharging fees passed to merchants. The company sells via a hybrid motion: a sales-led enterprise field sales approach with dedicated AR Automation Experts and a self-serve onboarding path for SMBs, supplemented by Software Partner and Accounting Partner channel programs. The company was founded in 2021, has 51-100 employees, and has raised at least one disclosed funding round of approximately $5.4 million in November 2022.
Bill360 firmographics
Firmographics- Name
- Bill360
- Legal name
- Bill360, Inc.
- Website
- https://bill360.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Bill360 is a Tampa-based SaaS company that provides an AI-driven accounts receivable automation and embedded payments platform purpose-built for small and mid-sized B2B companies in the United States, integrating natively with QuickBooks and Xero.
- Ownership category
- akta.pro rank
Bill360 industry classification
Industry- Product category
- Accounts Receivable Automation Software
- NAICS
- Activities Related to Credit Intermediation (5223), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Credit Card Issuing (522210)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC)
- akta.pro secondary industries
- Accounts Payable Automation & Supplier Payments (FSAGAJAD), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)
Keywords
Where Bill360 is headquartered
LocationHeadquarters
- HQ city
- Tampa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Bill360 business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription: Cloud-native AR automation software subscription for B2B companies. Includes invoice management, payment processing, customer portal, automated workflows, and analytics dashboard.
- Payment Processing Fees: Transaction fees from embedded card and ACH payment processing. AI-driven technology can lower Visa B2B invoice transaction fees by up to 35%, with savings passed to customers.
- Surcharging Functionality: Optional merchant surcharging program allowing businesses to assess additional fees on eligible credit card transactions to offset processing costs.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Bill360 product offering
Product offeringCore offering
Bill360 provides an AI-driven, cloud-native accounts receivable automation and embedded B2B payments platform purpose-built for small-to-mid sized B2B companies. The platform combines digital invoicing, automated AR workflows, customer self-service, card and ACH payment processing, AutoPay, and AI-powered business insights to help businesses reduce DSO, lower Visa B2B transaction fees, and eliminate manual back-office tasks.
Product overview
Bill360 is a B2B-focused AR automation and digital payments platform delivered as a unified SaaS product with integrated modules. The core platform combines Accounts Receivable Automation with Embedded B2B Payments, Electronic Invoices, Customer Portal, Accounting Automation, and AI & Business Insights. Key supporting features include AutoPay (automated recurring payments), Digital Wallet (customer payment method management), and free Financial Calculators (DSO, ROI, Credit Card Savings, AR Health Checkup). The platform integrates natively with QuickBooks and Xero for bidirectional data synchronization. The AI layer powers transaction fee optimization (up to 35% Visa B2B fee reduction), fraud detection (check fraud prevention), and predictive analytics (DSO and AR aging insights). Trusted by 60,000+ B2B users.
Differentiator
Problem solved
Functional benefit
Products and services
- Bill360 AR Automation Platform
Quantifiable outcome
- 36% faster payment collection (average 10 days sooner)
- +6 more outcomes
Companies that use Bill360
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles4 records
Bill360 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability4 records
Feature5 records
Bill360 partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and support.
- QuickBookscoreNative integration with QuickBooks accounting software enabling seamless invoice sync, payment reconciliation, and automated workflow triggers. QuickBooks users can connect and sync their account in as fast as 1 hour with guided AR Automation Expert support.
- XerocoreNative integration with Xero accounting software enabling seamless invoice sync, payment reconciliation, and automated workflow triggers. Xero users can connect and sync their account in as fast as 1 hour with guided AR Automation Expert support.
- Software PartnerssupportPartner program for software companies that integrate with or recommend Bill360 to their customers. Includes dedicated support and go-to-market collaboration.
- Accounting PartnerssupportPartner program for accounting firms and CPAs that recommend Bill360 to their business clients. Includes dedicated support and potential referral arrangements.
- First Data Merchant Services LLCcoreFirst Data provides acquiring services for card transaction processing, authorization, and settlement. Bill360 acts as payment facilitator with First Data providing the underlying processing infrastructure.
- MetaBank, National AssociationcoreMetaBank serves as the member of Visa and MasterCard Networks that sponsors Bill360 and merchant acceptance of card transactions. Provides settlement funds for Visa and MasterCard transactions.
- Itembase Holdings, Inc.supportItembase provides connectivity services for commerce data, enabling purchase data capture from merchant systems and making it available to selected Solution Providers through a certified merchant program.
Scale indicators1 record
Recent moves6 records
Expansion highlights6 records
Bill360 competitors and assessment
Company assessmentDirect peers
- Bill.com: Bill.com is a leading B2B payments and AR/AP automation platform serving SMB and mid-market; directly comparable in product scope (invoicing, embedded payments, accounting integrations) and target customer, though much larger and public.
- Versapay: Versapay offers AR automation with embedded B2B payments and a customer self-service portal; same core product (invoicing + payments + portal) targeting similar B2B mid-market accounts, including accounting-system integrations.
- Billtrust: Billtrust provides B2B order-to-cash and AR automation with electronic invoicing and integrated payments, serving mid-market and enterprise — directly overlapping with Bill360's B2B AR + embedded payments offering.
- HighRadius: HighRadius is an AI-driven Order-to-Cash and B2B payments platform; competes with Bill360 in AR automation and embedded payments but skews larger enterprise than Bill360's SMB/mid-market focus.
- Stampli: Stampli provides AP automation with embedded payments and accounting integrations; comparable as a B2B payments-and-automation SaaS but on the AP side, often co-existing with Bill360 in the same customers' finance stacks.
- Melio: Melio is a B2B payments platform for SMBs offering bill pay, AR automation, and QuickBooks integration; closely comparable SMB customer base and QuickBooks-centric go-to-market.
- Tipalti: Tipalti provides AP automation, global payments, and supplier management with accounting integrations; overlapping in the B2B payments-and-automation category though typically serving larger and cross-border use cases.
- Yooz: Yooz offers AI-driven AP/AR automation and electronic invoicing with accounting-software integrations; a direct AR-automation competitor, especially in the SMB and mid-market segment.
- AvidXchange: AvidXchange provides AP/AR automation with embedded B2B payments for mid-market; comparable product and customer profile, though more AP-weighted and historically invoice-finance focused.
Emerging players
- Invoice2go (by Quadient): Invoice2go provides SMB invoicing and payment tools with mobile-first workflows; partial overlap with Bill360's invoicing/payments scope but more consumer-of-one and lighter on full AR automation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Bill360 social profiles
Digital presenceBill360 compliance and trust
Trust signalCompliance4 records
Bill360 financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bill360 leadership team
Management profileNumber of profiles
Profiles4 records
Bill360 funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bill360 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bill360
What does Bill360 do?
Bill360 provides an AI-driven, cloud-native accounts receivable automation and embedded B2B payments platform purpose-built for small-to-mid sized B2B companies. The platform combines digital invoicing, automated AR workflows, customer self-service, card and ACH payment processing, AutoPay, and AI-powered business insights to help businesses reduce DSO, lower Visa B2B transaction fees, and eliminate manual back-office tasks.
Is Bill360 a public or private company?
Bill360 is a private company. It is classified as venture growth investor backed and is currently operating.
When was Bill360 founded?
Bill360 was founded in 2021. It employs 51 to 100 people.
Where is Bill360 based?
Bill360 is headquartered in Tampa, United States, in the North America region.
How does Bill360 make money?
Three revenue lines are on record. SaaS Subscription is the primary driver. The others are payment Processing Fees and surcharging Functionality.
Who are Bill360's main competitors?
Direct peers on record are Bill.com, Versapay, Billtrust, HighRadius, Stampli, Melio, Tipalti, Yooz and AvidXchange. Invoice2go (by Quadient) is listed as an emerging player.
Does Bill360 have an API?
No public API is recorded for Bill360.
What industry is Bill360 in?
Bill360's product category is Accounts Receivable Automation Software. Its primary akta.pro industry code is FSAGAJAC, Invoicing, Billing & Accounts Receivable Automation, with a secondary code of FSAGAJAD, Accounts Payable Automation & Supplier Payments. Its NAICS code is 5223 and its SIC code is 7370.