Bill.com fosters your relationship with your vendors and suppliers by facilitating your business’s accounts payable operations.
Seamless Invoice Review
In addition to providing a means to capture your invoice data automatically, Bill.com’s accounts payable feature allows you to review each invoice as you receive them. After review, each invoice is also automatically forwarded to the approvers concerned. Throughout the transfer process, your data is actively protected by TLS encryption for maximum protection.
Remote Approval Process
Bill.com forwards your reviewed invoices to their respective approvers for digital approval even on the go. Modification requests are also automatically captured in the invoice to facilitate payment.
Simplified Payment Options
Irrespective of your method of payment, Bill.com make funds transfer to your vendors as smooth as possible. It supports ACH and credit cards for electronic payment, and if your vendors would rather take their checks to the bank, Bill.com can automatically mail them the checks on your behalf. The software also processes foreign transactions and virtual card payments directly to your vendors.
Automated Reconciliation
Integrating this software with other accounting solutions ensures that you never have to deal with duplicate entries. Each transaction is automatically updated to your database to aid faster reconciliation and financial audits.
Invoice Templates
With Bill.com’s automated invoice templates, you can select one suitable for your business, customize its field, and identify them with an automatic numbering system.
Send and Track Your Invoices with Ease
With Bill.com, you can effortlessly forward your invoices to customers for payment. You can schedule your sending date or time or forward it immediately after reviewing via email or US mail. Bill.com also allows you to set up recurring invoices for your constant customers.
Furthermore, Bill.com sends you automatic notifications of your invoice statuses and equally updates you about your due payments.
Unique Brand Page
When you and your customers use the Bill.com software, a payment page is dedicated for your company on their website. This page ensures that your customers’ transactions and due payments with your business are not forgotten in a hidden section of their website.
Receive Your Payments Faster
With Bill.com, you never get to experience delayed payments as your customers will receive friendly reminders about your payment, and then they can pay you via ACH or credit cards. Your foreign customers can also pay you with ease, and you’ll receive your payments in the currency of your choice.
In addition, you can also reconcile the payments you receive from a particular customer outside Bill.com and allow your accounts receivables to run on auto-pilot.
