BILL Pay
Create, approve and pay bills quickly
Manage your entire Accounts Payable process, from invoice intake to payment and reconciliation. Seamlessly pay vendors through EFT, ACH, or Global Wires in CAD or USD—all within a single platform.
Trusted by 1,000s of leading Canadian companies.†
Benefits
Bills, meet automation.
Powered by Float’s intelligent business finance platform, Bill Pay automates invoice collection, payment, and reconciliation so you can process and close faster.
Eliminate manual
data entry
Forward invoices directly to Float – we’ll automatically pull the data in seconds so you don’t have to.
Keep track of
invoices
Keep all your bills in one place and customize workflows to ensure the right people are signing off.
Pay securely, quickly and with interest
Easily execute EFT, ACH and Wire payments fast, directly from Float, while earning 4% interest on your AP balance.
How Float’s Accounts Payable Platform Works
Float makes managing AP a breeze, so your team can eliminate administrative work and save time to focus on what matters.
Automate Bill Intake
Forward invoices to Float. Create bills in seconds, with AI-powered OCR that lifts the details so no manual data entry is required.
Custom email inbox to automatically forward bills for intake
Instant bulk bill upload and processing
Best-in-class AI-powered OCR that extracts all bill details including line items and banking credentials
Streamline Bill Approval
Set up custom approval workflows so invoices are approved by the right people in your org chart
Create customizable multi-level approval workflows so you always get the right sign-off before a bill is paid
Keep all your approval sequences up to date with 100+ HRIS integrations through Float
Pay via EFT, ACH or Global Wires
Schedule or initiate EFT, ACH and Wire payments in USD in 100+ countries.
When paying directly from Float, process in just one business day
Earn an industry-leading 4% interest on your funds held in Float
Automate payment remittance and tracking for vendors
Automate Month-end
Automatically sync bills and payments with Float’s QBO and Xero sync, or export to a CSV
Automatically sync all bills, payments, and attached files in real-time to your connected accounting system
Get real-time visibility into payment status to close the month with confidence
Eliminate tedious Accounts Payable processes and pay faster with Float’s Bill Pay solution
Float has become our main AP solution for Canadian business expenses. In less than 6 months, they built a Bill Pay product that is better than anything else on the market in Canada.
Thomas Kwon
Head of Finance and Operations
CentML
Come for the payments,
stay for the software
Corporate Cards
Use smart corporate cards that can save your business up to 7% on spend
Reimbursements
Easily collect and reimburse out-of-pocket expenses without making employees wait
Accounting Automations
Automate accounting tasks and close books faster, without all the manual effort
Your questions,
answered
Float Bill Pay is the simplest way to pay company invoices, allowing finance teams to eliminate tedious AP processes and save time by processing payments faster. Bill Pay is part of Float’s business finance platform, a central place for you to earn rewards for your business while saving time automating and managing your company’s spending. Float is definitely not a bank – we’re a FINTRAC-registered Canadian Money Services Business built to simplify spending for Canadian companies and teams.
When you sign up for Float, you’ll be able to access our core Cards, Reimbursements, and Bill Pay products for your company. Float offers plans ranging from Free to Custom, built to scale with your company’s spend management needs (check out our Pricing here). With Float you’ll receive cashback and interest on your CAD and USD card spend and cash balances. Plus, you can get up to 7% savings on your total spend with Float with access to smart approval workflows, real-time reporting, and accounting automations.
With Float’s Bill Pay you can schedule and send CAD and USD payments via EFT, ACH, and Wire directly from your connected bank or Float Balance. Even better? Float offers leading per-transaction rates for payments and 1-business day transfers.
Currently Bill Pay supports two-way accounting sync of bills and payments with QBO and Xero, and also offers CSV exports for you to upload to your accounting system.
Yes! Built with Canadian teams in mind, Float’s Bill Pay ingests invoices in both English and French.
At this time we do not support purchase orders. Let us know if this is something you’d be interested in.
Float is an all-in-one spend management platform that helps you pay Bills via EFT, ACH, Global Wires and manage team expenses with virtual and physical cards and pay reimburse your team for out of pocket expenses. Float’s Bill Pay also offers a fully integrated intake, approval, and payment experience and is Free to use on the Essentials plan.
Spend time and money where it counts
Earn 4% interest on your cash balance and simplify business spend with corporate cards and expense management software.
