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Bill.com vs Certify
May 29, 2023 | Author: Michael Stromann
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Bill.com brings smart AP and AR automation and new bill payment capabilities to your business. The intelligent way to create and pay bills, send invoices, and get paid.
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Certify is the leading cloud-based travel and expense report management solution for companies of all sizes. Certify makes expense reports easy by automating the creation of the expense report for the employee, providing online review and approval process for managers, and streamlining the processing and reimbursement process for accountants.
Bill.com and Certify are both popular financial management platforms, but they serve different purposes and focus on distinct areas of financial management. Bill.com is primarily designed for streamlining accounts payable and receivable processes. It provides features for invoice management, payment processing, vendor management, and workflow automation. Bill.com helps businesses digitize and automate their financial operations, improving efficiency and reducing manual tasks. On the other hand, Certify is a platform focused on expense management and reimbursement. It offers features for capturing and tracking expenses, creating expense reports, and managing employee reimbursement. Certify simplifies the expense reporting process, enhances visibility, and enforces policy compliance.
See also: Top 10 Expense Management software
See also: Top 10 Expense Management software
Bill.com vs Certify in our news:
2020. Expense management vendors unite to form Emburse
A consortium of six leading travel and expense management software vendors, namely Abacus, Captio, Certify, Chrome River, Nexonia, and Tallie, has consolidated into a single entity known as Emburse, with the intention of challenging SAP Concur's dominance. With a global workforce of 750 employees, Emburse aims to serve a user base exceeding 4.5 million business travelers across 14,000 customers spanning 120 countries. This consolidation process has been unfolding over the past few years, with Certify and Chrome River joining forces in the previous year. Prior to that, in 2017, Certify, Nexonia, ExpenseWatch, and Tallie merged under the Certify name, backed by a $125 million investment from K1 Investment Management, with the objective of competing against SAP Concur. In July of the same year, the combined Certify and Chrome River entities acquired Emburse, a startup specializing in virtual and physical cards for business expenses and vendor payments. On the other side of the spectrum, German business software giant SAP acquired Concur for a staggering $8.3 billion in 2015.
