Bill.com is one of many available systems to streamline the complexities of the bill pay process. However, this cost-effective tool is compatible with small to mid-sized organizations (SMBs). One major benefit is the ability to send electronic payments. Thereby, improving other accounting processes such as unclaimed property and bank reconciliations. To receive additional discounts, sign up with Transitional Accounting Services!
Concerned your payee or business banking information is at risk? No need; all transactions occur within the Bill.com infrastructure which has been vetted by four of the top ten banks to make payments on behalf of their clients. These payments are funded by lumpsum withdrawals from your bank account. Imagine not cutting checks with your banking information unless you really want to do so. Furthermore, payees who elect e-payment securely enter banking information into their “free” Bill.com Receivables account. As a result, only the routing number and last four digits are visible. Moreover, a network of 3 million vendors and individuals have also entrusted this tool to receive e-payments.
With a few clicks, you may review audit trail for approvals and payments as well as retrieve important documents. All in One Solution. Imagine you need a vendor contract or invoice while out of the office. No need to call; simply view an electronic copy on any of your mobile devices. After the meeting, approve invoices to be scheduled for payment by your accountant. Everything you need at your fingertips! Of Course, you must be granted access. Bill.com has established user profiles to assist with segregation of duties or you may create custom roles.
Schedule an appointment with Nadine A. Harris, CPA to learn more about Bill.com or other bill pay systems more compatible with your organizational needs.