BILL vs Novo (2026): which should you pick?

Pick BILL if

• Fits if you pay lots of supplier bills by ACH or check and want them approved before money goes out
• Works for accounting firms running bill pay for several clients

Look elsewhere if

• Pricey if you're a small team, as every Essentials user pays $49 a month and each ACH payment $0.59
• Skip it if you want automatic QuickBooks or Xero sync without paying $65 a user for Team
• Tight if you pay bills by card often, since that costs 2.9% a payment
• Watch out: mailed checks are $1.99 each and USD wires abroad $19.99, on every plan
• Watch out: the billing term isn't stated, the trial is offered only in most cases, and NetSuite needs Enterprise

Pick Novo if

• Fits if you're a freelancer or small business that wants checking with no monthly fee
• Works for sellers who connect Stripe, Square, PayPal or Shopify to their account

Look elsewhere if

• Skip it if you need real expense controls, as the pages say little about them
• Not for you if you send wires often: the pages give no fee schedule for them
• Watch out: Novo is a fintech, not a bank, with banking from Middlesex Federal Savings, F.A.
• Watch out: Novo Payroll is listed from 17 November 2026 at $24 a month plus $5 per employee

BILL

• Payments carry fees on every plan: $0.59 per ACH payment, $1.99 per mailed check, $19.99 per USD wire abroad, and 2.9% to pay a bill by card.
• The Essentials plan exchanges data with QuickBooks and Xero only by CSV file; automatic two-way sync starts on Team, and NetSuite or Sage Intacct needs Enterprise.
• Spend & Expense is provided by Divvy Pay LLC, the Divvy Card is issued by its bank partners, and credit lines depend on approval.
• Every Essentials and Team user pays the full seat price; cheaper approver-only seats come with Corporate and Enterprise.

Novo

• Novo is a fintech, not a bank; banking is provided by Middlesex Federal Savings, F.A., Member FDIC.
• Novo Payroll is listed as available November 17, 2026, starting at $24 a month plus $5 per employee.
• Expense management and bill pay are listed in its menu, but the pages we read describe them in less detail than its checking and invoicing.
• The pages we read give no fee schedule for wires, so check it before sending wires.

BILL

Accounts payable

Bills arrive in one inbox, are routed through approval rules and are paid by ACH, check, virtual card or card, with W-9s collected by an agent.

Invoices and receivables

Send one-off or recurring invoices, chase them with automatic reminders, and get paid by ACH or card with auto-charge and auto-pay.

Spend & Expense with the Divvy Card

Corporate cards with budgets and spending rules. Receipts are captured by photo or text message and matched to transactions.

International payments

Pay suppliers in more than 130 countries, in their local currency with no BILL fee beyond the exchange rate, or by USD wire.

AI bill coding

From the Team plan, the Invoice Coding Agent fills in line-by-line accounting codes on incoming bills.

Procurement

Purchase requests, purchase orders, tolerance rules and 2-way matching, included on Corporate and an add-on below it.

Novo

Business checking

No monthly fees, minimums or transaction limits, with FDIC coverage of up to $5M through partner banks as the vendor describes it.

Debit cards

Virtual and physical debit cards. Novo charges no ATM fees and reimburses third-party ATM fees at month end, up to $7.

Invoicing

Send invoices with automatic reminders, track when they are viewed and paid, and accept card, ACH, Apple Pay and Google Pay.

Payments and bill pay

Pay vendors by ACH, wire or check and move money between Novo accounts instantly.

Reserves

Up to 20 buckets inside the checking account for taxes, payroll or slow seasons, filled by rules that route a share of incoming funds.

Integrations

Syncs transactions with QuickBooks, Xero, Stripe, Square, PayPal and other tools.

BILL

• Spend & Expense$0

  BILL Divvy Card, budgets, receipt capture, reimbursements and credit lines from $1,000 to $5M, subject to approval.

• Essentials$49

  per user / month, billing term not stated

  Bill entry and approvals, payments by ACH, card or check, invoicing, W-9 collection. Syncs with accounting software by CSV only.

• Team$65

  per user / month, billing term not stated

  Adds automatic two-way sync with QuickBooks and Xero, AI bill coding, custom user roles and cash flow forecasting.

• Corporate$89

  per user / month, billing term not stated

  Adds custom approval policies, purchase orders and requests, cheaper approver-only users, single sign-on and multi-entity books.

• EnterpriseCustom

  Adds sync with NetSuite, Sage Intacct, Dynamics and QuickBooks Enterprise, 2- and 3-way matching, dual control and premium phone support.

Novo

• Novo Checking$0

  No monthly fees or minimum balance. Includes debit cards, invoicing, free standard ACH, incoming wires and Reserves buckets.