BILL Redefines How SMBs Manage Operating Cash, Combining Faster Payments with Higher Returns

About this update from Bill Holdings, Inc.

BILL Cash Account simplifies reconciliations, streamlines treasury and payments, and turns idle cash into working capital for SMBs to fuel growth SAN JOSE, Calif., October 02, 2025 --( BUSINESS WIRE )--BILL (NYSE: BILL), a leading financial operations platform for SMBs, today announced the launch of BILL Cash Account 1 , a high-yield, best-in-class operating account that helps SMBs put their money to work. BILL is making it easier for businesses to strengthen cash positions by bringing yield, speed, simplicity and security together in one seamless account. This new account redefines how businesses manage their money — delivering higher returns, stronger cash flow and smarter financial management. Empowering SMBs to Turn Idle Cash into Working Capital Cash flow is the lifeblood of SMBs, yet businesses are leaving thousands of dollars on the table while their operating cash sits in low- or no-yield accounts. To secure higher yields, businesses are wasting time moving funds between multiple accounts. BILL is enhancing value for customers by helping them extend operating cash while they grow working capital in one account—earning 42x the national average annual percentage yield (APY)*, and benefitting from up to $200 million in FDIC insurance 2 . "Idle cash sitting in low- or no-yield checking accounts not only costs businesses time and money—it costs them opportunity to grow. BILL is redefining what an operating account can do, and we’re doing it at scale because we’re trusted by nearly half a million businesses," said Mary Kay Bowman, EVP, GM of Payments and Financial Services at BILL. "With Cash Account, we’re bringing growing businesses the same enterprise-grade capabilities normally reserved for Fortune 500 companies—combining high APY on an operational account with fast speed, seamless software integration, and security all in one simple account. This gives businesses a smarter way to manage payments and put their operating cash to work for them." Businesses like Dr. Squatch are harnessing BILL Cash Account to earn more and pay faster. "We’re currently earning 3% APY on our operating cash every day while paying vendors the next business day," said Sarah Green, CPA, Senior Accounting Manager, Dr. Squatch. "No fees, no minimums, and FDIC insurance up to $200 million make it a smarter, more secure way to manage our AP while putting money back into our business 3 ." With BILL Cash Account, businesses can: To learn more about Cash Account and other new BILL product innovations, visit our blog and website . About BILL BILL (NYSE: BILL) is a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive. Our integrated platform helps businesses to more efficiently control their payables, receivables and spend and expense management. Hundreds of thousands of businesses rely on BILL’s proprietary member network of millions to pay or get paid faster. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and software providers. For more information, visit bill.com.   View source version on businesswire.com: https://www.businesswire.com/news/home/20251002538665/en/ Contacts Press Contact: Lauren Johns [email protected] IR Contact: Jun Wang [email protected]

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