The New Bill com Experience Name and Date

The New Bill. com Experience Name and Date

Agenda • The new Bill. com Experience • 5 Key Navigation Tips • What’s New: Intelligent Platform • What’s New: Flexible Payments • What’s New: Intuitive Experience • Q&A 2

The New Bill. com Experience The new Bill. com is the intelligent business payments platform that saves you time and gives you full control over an automated, end-to-end process. Streamlined Experience Flexible Payments Intelligent Platform 3

5 Key Navigation Tips Understand these 5 new design principles to master the new Bill. com. 4

1. Left Navigation Pane 5

2. Common Navigation Items Across Each Page 6

3. Secondary Actions Behind “Three Dots” 7

4. Powerful Filters 8

5. Settings Menu 9

What’s new: Intelligent Platform Our AI-enabled platform brings a higher level of process automation and payments capabilities to your firm. 10

Profitability Serve more clients in less time with the new intelligent payments platform Why We Care About An Intelligent Platform Time Savings and Standardization Spend 50% less time on accounts payable and put every client on one standardized, intelligent workflow Client Satisfaction Give clients the simplicity and control they want while solving their AP and AR headaches with an intelligent payments platform

Intelligent Virtual Assistant: Reduce data entry 12

IVA: Catch mistakes early 13

Make Life Easier for Approvers Assign multiple approvers, so if someone isn’t around, another can take action J. English Administrator jenglish@bill. com G. Rettig Administrator grettig@bill. com R. Tangey Administrator Rtangey@bill. com When an approval group is selected, any one of the group members can approve the bill

Add New Clients Faster Prior Timing More clients start with Accelerated Payment Timing from day 1 New Timing Expanding to nearly all clients over time Prior Day 1 Payment Timing for e. Payments – 3 -4 business days New Day 1 Payment Timing for e. Payments 1 -2 business days

Payables Efficiency Insights Report Time from doc upload to bill create (bill creation time - document upload time) The Payables Efficiency Insights report identifies bottlenecks in the payables process by looking at time taken at different steps and whether SLAs are being met across clients and staff members month over month How often are bills denied by client Amount of time it takes for a bill to be fully approved (last approval time - bill creation time) Time to enter bill data Report can be grouped by User and Client Report is limited to bills created/approved/paid after March 2019

Denied Bills Report Enables firms to improve their process efficiency by identify top reasons for bills getting denied This report gives a list of all denied bills (at the console level) along with the reason, by client and bill creators 17

What’s New: Flexible Payments Flexibility, efficiency, and security so you can pay vendors how they want to be paid 18

Security bills securely, without worrying about fraud. Bill. com protects you at the client and payment level Why We Care About Flexible Payments Simplicity Follow one simple payment process regardless of payment method of bank account Vendor Preference Choose from multiple options to securely pay vendors how they want to be paid

Process more bills in less time – Pay in bulk, select and make final changes to the selected bills to pay Flexible Payments Auto-pay select bills – Set Vendors up for Auto Pay Make fast, direct payments – ‘Pay a Vendor now’ Feature Make easy International Payments – No change in payment workflow Boost Payment Speed and Security – Vendor Direct (Virtual Card Payments)

Boost Payment Speed and Security Bill. com Vendor Direct is a virtual credit card payment, which replaces check payments with a faster, more secure digital payment method. 21

What is a Virtual Card? • A virtual card is a 16 -digit card number that's created to facilitate payment of a single supplier invoice • It can only be used once and generally for the exact amount of the invoice • No physical card is involved, no card numbers are stored • Suppliers who accept virtual cards authorize and settle them just like any other Mastercard through their existing merchant card processing system 22

How Bill. Com will Integrate Virtual Cards Into our Platform An AP subscriber schedules a bill for payment. BDC identifies that the vendor prefers cards and converts the payment to a virtual card. BDC debits the subscriber’s bank account via ACH debit, as usual. BDC sends a virtual card request to Comdata sends the card number to the vendor/supplier along with the associated remittance information. The supplier receives the VCN and enters it in its card processing system just like a physical card or a card-notpresent transaction. 23

Bill. com Will Seamlessly Integrate Virtual Card into Existing Payables Workflows Existing Payables Experience + Card-Accepting Vendors = Successful Payments Product Experience: Firm and Client • • Same workflows that AP Subscribers use today Single funding debit covers all transaction types: Bill. com takes care of optimizing payment based upon vendor preferences Faster, more secure payments that are efficient for vendors to process Free transactions Product Experience: Card-Accepting Vendor • • Payments Made Vendor flagged as preferring card payments − Bill. com confirms Virtual Card acceptance − We confirm preferences, too Remittance emails from Bill. com tie to VCN email delivery Vendor support is robust: phone & email − Reminder calls about payments pending − Card processing questions answered Vendor gets faster payment Payments Accepted 24

International Payments 25

Bill. com International Payments Approval workflow & controls • Fully integrated into Bill. com approval workflow and controls • Segregation of duties • Audit Trail Accounting & apps integrations Payment visibility & tracking Competitive rates, support & speed • Sync with Quick. Books Online and Desktop, Xero, Intacct, Net. Suite • Multi-currency sync support • Integration with Hubdoc, Tallie, Expensify, etc. • Detailed payment information, delivery times and remittance information to vendors • Payments delivered internationally in 1 -5 days (wire) after funds processed • Amount integrity and transparent exchange rates for payments in local currency • Competitive pricing (Free local currency transactions, $9. 99 per USD transaction) • End to end support and exception handling 26

New for May 2019: In-Product Currency Calculator Links to Calculator 27

What’s New: Intuitive Experience Intuitive and tailored to the way you work for greater efficiency and visibility into your clients’ payment process 28

Efficiency Manage priorities from a single view of payment activity and status to know where to focus your attention Why We Care About Intuitive Experience Visibility See more at once with a single page Overview and powerful filters, then take action Ease of use and Security Offer clients the simplest, most secure way to manage bill payments

See Top Priorities at a Glance 30

Navigate with Confidence 31

View Bill and Coding Side-by-Side 32

Control Your View 33

Start with Your To-Do List 34

Get Started Faster 35

Easily Add New Vendors 36

Q&A

Thank You!