Software Alternatives & Reviews

FactWise.io VS Bill.com

Compare FactWise.io VS Bill.com and see what are their differences

FactWise.io logo FactWise.io

FactWise S2P optimizes procurement for product manufacturing companies globally. The platform provides transparency and insights to leaders, automates processes to improve efficiency, and drives bottom-line impact by unlocking savings potential.

Bill.com logo Bill.com

Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.
  • FactWise.io Landing page
    Landing page //
    2023-08-17

Our singular focus is to create a truly distinctive procurement platform that delights users and provides sustainable positive impact to the organizations we serve. We achieve this by providing transparency and insights to leaders, streamlining and automating processes to improve efficiency, and driving bottom-line impact by unlocking savings potential.
FactWise S2P is modular, and accounts for batch production, goods receival workflows and quality checks. Our current users find it very intuitive and efficient (create Rfxs <1min) and love the dynamic and historic insights into supplier performance it offers. Teams can start using FactWise with their data immediately, and if required, we can seamlessly integrate with ERP or other systems within the month. We are committed to generating win-win outcomes for buyers and suppliers globally.

FactWise serves global product manufacturing companies and private equities.

  • Bill.com Landing page
    Landing page //
    2023-10-17

FactWise.io features and specs

  • Smart Supplier Recommendations: Obtain holistic supplier performance metrics and discover diverse, verified suppliers to negotiate win-win outcomes.
  • Customized Analytics : Receive dynamic and historic insights in a visually rich interface with graphs, heat maps and more, and customize your reports with just a few clicks.
  • Effortless RfX Creation : Create RfX in less than a minute with minimized dependence on Excel and receive smart warnings for concerns such as item duplication, price discrepancies.
  • AI Powered Negotiations : Optimize your TCO, negotiate with just 3 clicks, and quickly identify the most suitable vendor using smart filters and historic vendor performance data.
  • End-to-End Goods : Perform goods receival in less than a minute, perform unlimited quality checks, and update stakeholders with ease.
  • Seamless Payments : Automate three way matching to reduce errors, maximize DPO with smart notifications indicating due payments, and ensure you never overpay on purchase orders.

Bill.com features and specs

No features have been listed yet.

FactWise.io videos

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Bill.com videos

Bill.com Review by LedgerGurus

More videos:

  • Review - How the Bill.com Intelligent Business Payments Platform Works

Category Popularity

0-100% (relative to FactWise.io and Bill.com)
Procurement And Purchasing
Online Payments
0 0%
100% 100
Small Business
100 100%
0% 0
Money Transfer
0 0%
100% 100

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Reviews

These are some of the external sources and on-site user reviews we've used to compare FactWise.io and Bill.com

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Bill.com Reviews

The Top Alternatives to Bill.com
Bill.com is suitable for slower-growth small businesses with low payment volumes and limited remittances capabilities. The average revenue per customer of Bill.com is $1,500. Therefore, many AP automation capabilities are not available via Bill.com, so you need to manage them manually or outside of Bill.com.
Source: tipalti.com
4 Best Bill.com Competitors And Alternatives (2022)
Plastiq is a simplified and more affordable option compared to Bill.com. They offer a solution for accounts payable and receivable without a sign-up fee, subscription fee, or fees for most transactions. They do, however, charge a 2.85% fee for both credit and debit transactions. This is a key distinction to keep in mind when comparing Plastiq to not only Bill.com, but to...
Source: smbillion.com
Best Accounts Payable Software for 2022
Why we like it: Bill.com offers multiple pricing options, including plans starting at $39 a month, which may make it more accessible for many small-business owners. You’ll get a centralized inbox for receiving invoices. The software can read invoices, capture the data on them and even flag if something looks off. However, you’ll need to upgrade from the lowest-priced plan to...

Social recommendations and mentions

Based on our record, Bill.com seems to be more popular. It has been mentiond 259 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

FactWise.io mentions (0)

We have not tracked any mentions of FactWise.io yet. Tracking of FactWise.io recommendations started around Aug 2022.

Bill.com mentions (259)

  • Freelancers: Do you allow your clients to pay via card? Processing fees hurt
    I mean.... This is how it is everywhere... You could use bill.com but it still has a monthly fee, however if youre sending multiple invoices like so, the monthly fee is paid for in just 2 clients of yours... Honestly a $66 processing fee for $2K isn't bad... Venmo/Paypal gifted is fee-less but not recommended... Source: 5 months ago
  • Bank rejected £850 payment from bill.com - both companies saying they can't do anything
    Bill.com have just gotten back to me saying they haven't received the money back (which nationwide said would have only taken 5 days from the 23rd November) and that SWIFT have told them that they did infact have my full name on the transaction and not my initials or anything else (unlike what nationwide told me). Source: 5 months ago
  • Best campaign platforms for launching an influencer marketing agency?
    What platforms do you use to collect payment from our clients? I was thinking of using bill.com or stripe for now until I find a new method and then pay out the influencers. Source: 8 months ago
  • What do you use for online credit card processing?
    We use bill.com for both our AP and AR. All online, customer can pay with a link, generates all our monthly invoices automatically, easy to generate and send hardware and project invoices on demand, can be used to pay your vendors as well, syncs with Quickbooks, customers can be set up for auto-pay via credit card (charge to us is 2.9%), you can charge a convenience fee if you want. Customers can also pay via ACH... Source: 9 months ago
  • 6 Figures International Wire Transfer To BPI Concern
    My employer uses bill.com to process salaries so its thru SWIFT Wire Transfer. Source: 10 months ago
View more

What are some alternatives?

When comparing FactWise.io and Bill.com, you can also consider the following products

Zycus Procure-to-Pay Solution - Zycus' Next Generation Procure-to-Pay Solution acts as a GPS for your P2P process. The P2P solution provides: Easy-to-use: Amazon-like shopping interface & Google-type search engine + Guided buying.

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Zumen - Zumen's Source-to-Pay solution redefines procurement processes with a data-driven and strategic approach.

Zoho Invoice - 100% free online invoicing software for small businesses.

FairMarkIT - Accelerating the source-to-award process to transform procurement

The Invoice Machine - The Invoice Machine is an online invoicing service with a simple and elegant user interface.