Oracle NetSuite, has announced the formation of a new strategic partnership with BILL, the intelligent finance platform used by more than half a million businesses, to transform how companies manage accounts payable.
The collaboration introduces BILL-powered payment automation embedded directly within NetSuite Intelligent Payment Automation, enabling US customers to make fast, secure, and flexible vendor payments without leaving the platform.
“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 of Oracle NetSuite. “Our partnership with BILL will allow customers to optimize payment processes within NetSuite and extend the value of our AI-powered payment automation offering.”
Embedded AI-driven payments for speed, security and efficiency
The new feature allows customers to start making payments within minutes of activation, supporting all US banks and leveraging BILL’s extensive network of over eight million connected businesses.
With advanced AI capabilities, real-time synchronization, and a fully embedded design, NetSuite Intelligent Payment Automation helps users capture and pay bills, manage payment runs, and reconcile accounts all in one place — eliminating the need for external tools or manual data transfer.
Security remains a central focus. The integration incorporates advanced encryption, multi-factor authentication, and fraud prevention, alongside compliance with PCI DSS and SOC 2 standards to ensure regulatory and data protection best practices.
BILL’s network and automation expertise at the core
René Lacerte, chief executive and founder of BILL, said the partnership would help businesses access intelligent finance where it matters most — inside the systems they already use to run their operations.
“This partnership marks an important milestone in our mission to make intelligent finance more accessible,” Lacerte said. “Embedding BILL’s payment capabilities within the world’s #1 AI Cloud ERP gives businesses a new way to pay faster, optimize cash flow, and accelerate growth.”
Intelligent Payment Automation features
NetSuite’s AI-powered Intelligent Payment Automation suite includes:
• Payment automation: Fast, secure payments powered by BILL’s network of millions of vendors.
• Bill capture: AI-powered automation eliminates manual data entry and accelerates processing.
• Intelligent payment proposals: Agentic AI workflows in natural language help optimize payment timing and cash flow.
• Bill matching: Automatically links vendor bills to purchase orders, reducing fraud and duplicate charges.
• Payment reconciliation: Improves accuracy and speeds up financial close through automated reconciliation.
Read more:
NetSuite & BILL partner to accelerate AI-powered accounts payable automation
