Paychex, Inc. (Nasdaq: PAYX) is teaming up with BILL (NYSE: BILL) to simplify financial operations for small and midsize businesses (SMBs) with a new solution: Bill Pay, Powered by BILL, available through Paychex Flex®. The platform unites payroll, HR, and accounts payable in a single interface, helping SMBs streamline payments, save time, and gain real-time financial visibility.

Why SMBs Need This Now

According to the 2025 BILL Report, nearly 40% of SMBs that haven’t yet automated financial operations plan to do so within six months, aiming to cut costs and boost efficiency. Meanwhile, 62% of SMBs report they cannot immediately view their total cash position across accounts. Bill Pay, Powered by BILL, addresses both issues, giving business owners a single view of their financial health while automating manual tasks like data entry and vendor management.

Cory Mau, Paychex VP of corporate strategy, explained, “During a time when many SMBs face financial pressure and uncertainty, having a clear, real-time view of the organization’s financial health is critical. Bill Pay, Powered by BILL, streamlines accounts payable and provides dashboards to monitor payables and cash flow, helping businesses save time and improve the bottom line.”

What the Platform Offers

The new solution is designed to give SMBs speed, clarity, and control:

• Automated Bill Payments: Flexible payment options to save time, money, and resources, all within Paychex Flex.
• Vast Vendor Network: Access to BILL’s network of over eight million businesses for easier vendor management.
• Real-Time Insights: Instant visibility into payment status and cash flow.

John Rettig, president and COO of BILL, emphasized the partnership’s scale: “We’re embedding the tools and technology SMBs need inside platforms they already rely on, transforming the way they run their business and empowering growth.”

Supporting Accountants and Advisors

Beyond operational efficiency, Bill Pay, Powered by BILL, also enhances the role of accountants and CPAs in guiding SMBs. A 2025 Citizens Bank report found 47% of SMBs continue to rely on expert financial guidance. Michael Cerami, EVP at CPA.com, noted, “CPAs and financial professionals are focused on digital transformation to deliver trusted insights and higher value. Payments and HR are critical pieces of this process, and Paychex and BILL’s solution meets evolving client needs.”

Paychex plans to expand Bill Pay, Powered by BILL, beyond Paychex Flex, extending its reach across other platforms and strengthening its footprint in SMB financial management.