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Software · head to head

Bill.com vs LastPass

Bill.com logo

Bill.com

Software

Automate your financial workflows

From
Free
Rated
-
LastPass logo

LastPass

Software

Simplify online life with LastPass password manager

From
Free
Rated
-

The short version

  • Each has a real cost: Bill.com limited customization of approval workflows and user permissions for complex business needs; LastPass free plan limited to 1 device type only
  • They diverge on capability: Bill.com covers AP automation, LastPass covers Password vault.

Where they differ

Only the attributes on which Bill.com and LastPass actually diverge.

Attributes where Bill.com and LastPass differ
AttributeBill.comLastPass
Pricing modelUnknownfreemium
PlatformsWebWeb, Desktop, Mobile
Founded20062008

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Bill.com

  • AP automation
  • AR automation
  • Payment processing
  • Approval workflows
  • Document management
  • Vendor management
  • Cash flow insights
  • Mobile approvals

Only in LastPass

  • Password vault
  • Password generator
  • Autofill
  • Security dashboard
  • Dark web monitoring
  • Emergency access
  • Secure notes
  • Digital wallet

What people use each for

The jobs each tool is most often brought in to do.

Bill.com

  • Invoice processingnot LastPass
  • Bill paymentsnot LastPass
  • Vendor paymentsnot LastPass
  • Cash flow managementnot LastPass
  • Financial automationnot LastPass

LastPass

  • Password management and vault storagenot Bill.com
  • Multi-device access and autofillnot Bill.com
  • Dark web monitoring and security dashboardnot Bill.com
  • Team collaboration with shared folders and policiesnot Bill.com

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Bill.com

  • Limited customization of approval workflows and user permissions for complex business needs
  • Limited international payment capabilities compared to specialists like Tipalti
  • Customer support response times are slow, with agents often lacking product expertise

LastPass

  • Free plan limited to 1 device type only
  • Premium plan costs ~$3/month annually (30% discount applied)
  • Business Teams plan limited to up to 50 users maximum
  • Teams plan offers only 25 security policies
  • Business plan pricing ~$4/user/month
  • Business Max plan costs ~$7/user/month for advanced features

Pricing, plan by plan

Bill.com

Free
  • Essentials$49/month
    • Core AP and AR functionality
    • Manual CSV import/export
  • Team$65/month
    • Automatic 2-way sync with QuickBooks Online, Xero
  • Corporate$89/month
    • Procurement features
    • Custom approval policies
    • Sync with NetSuite, Dynamics

LastPass

Free

No published plan breakdown. See the LastPass review.

Which should you pick?

Choose Bill.com if

  • You need ap automation.
  • You want to start without paying.
  • You also want ar automation.

Choose LastPass if

  • You need password vault.
  • You want to start without paying.
  • You work on Web, Desktop, Mobile.
  • You also want password generator.

Questions people ask

Is Bill.com or LastPass better?
Neither clearly leads. Bill.com starts at Free and LastPass at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Bill.com or LastPass?
Bill.com starts at Free and LastPass at Free.
Does Bill.com or LastPass run on more platforms?
Bill.com runs on Web. LastPass runs on Web, Desktop, Mobile.
Can I use Bill.com for free?
Both have a free tier, so you can try either at no cost before committing.
What is Bill.com best used for?
Bill.com is most often used for invoice processing, bill payments, vendor payments, cash flow management. Of those, invoice processing and bill payments are not what LastPass is typically brought in for.
What can Bill.com do that LastPass cannot?
Bill.com covers AP automation, AR automation, Payment processing, Approval workflows. LastPass covers Password vault, Password generator, Autofill, Security dashboard.

Answered from the vendors’ own pages

Bill.com: What payment methods does Bill.com support?

Bill.com supports ACH transfers, checks, corporate cards, and international transfers. ACH payments cost $0.59 per transaction, checks cost $1.99, and card payments incur a 2.9% fee.

Source
Bill.com: Does Bill.com offer a free tier?

Yes. Bill.com offers a free Spend & Expense plan for access to credit lines from $1,000-$5M with corporate cards, budgets, and expense tracking.

Source
Bill.com: Which accounting systems does Bill.com integrate with?

Bill.com integrates with QuickBooks Online, QuickBooks Enterprise, Oracle NetSuite, Sage Intacct, Microsoft Dynamics, and Xero, with automatic two-way syncing on most plans.

Source

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