BMO and Bill team up to streamline AR/AP for SMB

The news: BMO and Bill (formerly Bill.com) introduced BMO Bill Connect, an accounts payable (AP) and accounts receivable (AR) offering for small and medium-sized businesses (SMBs), per a press release.

Here's how it works: BMO Bill Connect lets SMBs automate bill pay, digitize invoices, and monitor cash flow through one dashboard, and it offers two pricing tiers depending on businesses' monthly transaction volume.