And the company is taking steps in anticipation.  “We have proactively reduced planned hiring,” CFO John Rettig, said during the company’s recent earnings webcast. The loss for the most ended period was $95.1 million, a 18.2-percent decline from $80.4 million a. year ago. Revenue was slightly m ore $260 million, compared to $156.5 million a year ago. Rettig said the is that businesses of all sizes “are taking a hard look at spending.” Among Bill’s own trends is the continuing rise in electronic payments, which now represent 85-percent of its total. Bill said total revenue—comprised by subscription and transaction fees,  rose by 49 percent year-over-year  to $231.1 million. Subscription fees were up 25 percent to $61.5 million. Those include fees from the Bill standalone platform which totaled $52.7 mllion, an increase of 31 percent.