Bill.com Holdings, Inc. (BILL) and Rillet, an AI‑native enterprise resource planning platform, announced a real‑time, two‑way integration that will automatically sync accounts payable, spend, and financial data—including vendors, bills, credits, and payment activity—across both systems. The partnership will give finance teams continuous visibility and eliminate manual reconciliation steps.
The collaboration combines Bill.com’s extensive payment and AP/AR automation network with Rillet’s perpetual ledger and AI‑driven accounting logic. By embedding Bill.com’s payment infrastructure into Rillet’s platform, the two companies aim to accelerate close cycles, improve data integrity, and broaden Bill.com’s reach into accounting firms and mid‑market customers that already use Rillet. The integration positions Bill.com to enhance its AI capabilities and compete more effectively against other fintech players that are also pursuing real‑time, AI‑native solutions.
Bill.com’s Q2 FY2026 results provide context for the partnership. The company reported earnings per share of $0.64, a $0.26 beat over the consensus estimate of $0.38, and revenue of $414.7 million, surpassing the $399.98 million forecast. The EPS beat was driven by disciplined cost control and operational leverage, while the revenue beat reflected strong demand in core segments and a favorable mix of high‑margin contracts. Gross margin slipped slightly to 79.8% from 81.6% year‑over‑year, largely due to increased investment in AI platform development and higher support costs, but the company maintained a non‑GAAP operating margin of 18%.
Investors responded with mixed sentiment. While the earnings beat and revenue growth underscored Bill.com’s execution strength, broader concerns about AI’s impact on software margins and sector valuation weighed on market perception. The partnership is viewed as a strategic move to address these concerns by expanding Bill.com’s product offering and customer base, potentially improving long‑term profitability.
"As the trusted, intelligent finance platform connected through an 8+ million‑member network, we approach integrations with the same philosophy we apply to innovation: purposeful, scalable, and built around how businesses organically operate. Our partnership with Rillet reflects that commitment by helping customers keep their finance systems connected and operate with greater agility as they adapt and scale," said Mike Cieri, EVP of Software at Bill.com. "BILL powers nearly half a million businesses and has become the backbone of intelligent financial operations. When you combine that scale and expertise with Rillet's perpetual ledger, you move from periodic accounting to continuous accounting. Our joint customers are achieving a faster close with books that remain up‑to‑date and audit‑ready," added Nic Kopp, CEO and founder of Rillet. "We are redefining how financial operations scale, enabling SMBs to expand capability and capacity without adding costs," said René Lacerte, Bill.com CEO and founder. "We accelerated core revenue growth while strengthening our margin profile. Our Q2 performance underscores the durability of our business and the discipline of our investment approach," commented Rohini Jain, Bill.com CFO.
The partnership signals Bill.com’s commitment to deepening its AI‑native offerings and expanding into new market segments. By integrating with Rillet, Bill.com can offer a more seamless, real‑time financial workflow that meets the evolving needs of mid‑market customers and accounting firms. For Rillet, the alliance provides access to Bill.com’s extensive payment network and a large customer base, accelerating its growth trajectory. Together, the companies aim to set a new standard for integrated financial platforms in a market increasingly focused on real‑time, AI‑driven solutions.
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