[US] Paychex’s new financial management solution simplifies payroll for SMBs

In the US, the human capital management (HCM) company Paychex has announced a new financial management solution for accounts payable provided by BILL, an intelligent financial operations platform for small and midsize businesses (SMBs), businesswire reports.

Launching through Paychex Flex, Bill Pay, Powered by BILL, integrates payroll, HR, and accounts payable and allows SMBs to manage people and payments in one seamless experience.

The 2025 BILL Report, found that nearly 40 per cent of SMBs have yet to automate their financial operations, but plan to do so within the next six months to cut costs and improve efficiency. The same report revealed that 62 per cent of businesses cannot immediately view their current cash position across all accounts. 

Bill Pay, Powered by BILL, reportedly unifies payroll, HR, and payments into a single platform, giving SMBs the speed, clarity and control to make smarter, faster decisions, and simplify the way they run their business.

“During a time when many small and midsize businesses are facing financial pressure and uncertainty, having a clear, real-time view of the organization’s financial health is critical,” Cory Mau - Paychex vice president of corporate strategy, business development, and investor relations - said. “Bill Pay, Powered by BILL, streamlines accounts payable by eliminating manual data entry, providing access to real-time dashboards to monitor payables and cash flow, and centralizing vendor data and payments. This increased efficiency and visibility can help businesses save time and ultimately improve the bottom line.”

“With this partnership, we’re combining Paychex’s leadership in HR and workforce solutions across hundreds of thousands of SMBs with BILL’s powerful payments and software innovation to deliver clarity, speed and control for SMBs at scale — transforming the way they manage their people and payments,” John Rettig - president and chief operating officer of BILL - said.

“As the intelligent financial operations platform already trusted by nearly half a million BILL customers and more than 9,000 accounting firms, we are continuing to deliver on our commitment to meet even more SMBs where they work. We are embedding the tools and technology they need inside the platforms they rely on to simplify operations, transform the way they run their business, and empower them to grow.”

Source: businesswire

(Link and quotes via original reporting)

In the US, the human capital management (HCM) company Paychex has announced a new financial management solution for accounts payable provided by BILL, an intelligent financial operations platform for small and midsize businesses (SMBs), businesswire reports.

Launching through Paychex Flex, Bill Pay, Powered by BILL, integrates payroll, HR, and accounts payable and allows SMBs to manage people and payments in one seamless experience.

The 2025 BILL Report, found that nearly 40 per cent of SMBs have yet to automate their financial operations, but plan to do so within the next six months to cut costs and improve efficiency. The same report revealed that 62 per cent of businesses cannot immediately view their current cash position across all accounts. 

Bill Pay, Powered by BILL, reportedly unifies payroll, HR, and payments into a single platform, giving SMBs the speed, clarity and control to make smarter, faster decisions, and simplify the way they run their business.

“During a time when many small and midsize businesses are facing financial pressure and uncertainty, having a clear, real-time view of the organization’s financial health is critical,” Cory Mau - Paychex vice president of corporate strategy, business development, and investor relations - said. “Bill Pay, Powered by BILL, streamlines accounts payable by eliminating manual data entry, providing access to real-time dashboards to monitor payables and cash flow, and centralizing vendor data and payments. This increased efficiency and visibility can help businesses save time and ultimately improve the bottom line.”

“With this partnership, we’re combining Paychex’s leadership in HR and workforce solutions across hundreds of thousands of SMBs with BILL’s powerful payments and software innovation to deliver clarity, speed and control for SMBs at scale — transforming the way they manage their people and payments,” John Rettig - president and chief operating officer of BILL - said.

“As the intelligent financial operations platform already trusted by nearly half a million BILL customers and more than 9,000 accounting firms, we are continuing to deliver on our commitment to meet even more SMBs where they work. We are embedding the tools and technology they need inside the platforms they rely on to simplify operations, transform the way they run their business, and empower them to grow.”

Source: businesswire

(Link and quotes via original reporting)