manage and pay your bills, create invoices, get paid online, and securely store and share information with your customers and vendors

Transcription

1 Introducing Bill.com The smarter, faster and secure way to The smarter, faster and secure way to manage and pay your bills, create invoices, get paid online, and securely store and share information with your customers and vendors

2 The Old Way: Manual, Paper-based A/P processes cause pain Signing checks, stuffing envelopes, mailing remittance information, filing paperwork is time consuming Don't have clear visibility into cash flow Don t want to trust part time staff to handle processing payables Don't have time to grow revenue

3 The New, Paperless Way: Introducing Bill.com Bill.com is a cloud-based service that automates the way we work with you to streamline your bill payments, online invoicing and cash flow management. 3

4 Bill.com is Your Paperless Office The Perfect Solution to share information securely Streamline your Payables & Receivables processes end-to-end: Receive and pay bills online Invoice online and get paid faster Automate collections with Auto Pay feature Store & share financial documents online at no additional cost Streamline bank account reconciliations Sync with your accounting software Easily collaborate online with us, your vendors customers Manage and control your cash flow at a calendar glance Easy access to pay smarter and get paid faster Paperless Office anywhere, anytime access works the same no matter where you bank

5 Payables Process Creates New Roles Saving You Time New Roles in Streamlined Payables Process Submit bills Client Enter and code bill information Approve bills We schedule and make payments on your behalf. Schedule payments Sync with your accounting software You approve bills for payment and tell us when to pay. Process can be customized to meet your company s workflow needs

6 Receivables Process Automates Collections So You Get Paid Faster New Roles in Streamlined Receivables Process Create and invoices Client Send/automate reminders We send automatic payment reminders and sync invoices with payments to your software. Collaborate with customers, staff and us Customer pays through portal Sync with your accounting software Invoice customers and get paid faster on your own payment portal. Process can be customized to meet your company s workflow needs

7 Why Clients Love Bill.com Save time & money Get your bills to us quickly and we do the rest! No need to hunt for information for vendor inquiries or payment status Easily reconcile with bank account and sync with your accounting software Work Smarter Better control over payment timing for outstanding bills Flexibility to designate who has access to make payments Control collections process by receiving payments directly to your account Anytime, Anywhere Unlimited online document data storage from any computer or mobile device No more manual filing and retrieval or chasing people down for signatures Automated audit trail and transaction history of all payment activities

8 Proven Success! Bill.com has allowed our clients and our firm to save an incredible amount of time, improve internal controls, and almost instantly create the paperless work environment we have been working so hard to achieve. Jennifer L. Katrulya, CPA, CEO Business Management Resource Group, LLC "I have a better understanding of what's happening on a cash flow basis, Bill.com takes care of the payment and syncs details with QuickBooks. Now I do it all with Bill.com and it only takes me five minutes. Peter Gaspry, Owner, Miracle-Ear Franchise

9 How Bill.com Works: Accounts Payable Process Pay Smart with an efficient, paperless Accounts Payable workflow: 1) Receive bills online, by fax or upload them directly 2) No data entry required on your part, just approval 3) Schedule online payments based on cash flow 4) Easily sync with your accounting software

10 How Bill.com Works: Accounts Receivable Process Get paid faster with a paperless Accounts Receivables process: 1) Create, send and track invoices online 2) Attach documents, pictures or spreadsheets to customer transactions 3) Collaborate online with your customers 4) Get paid faster with automatic payments 5) Sync both invoice and payment activity with your accounting software

11 Value-Added Features By automating payables and receivables end-to-end, Bill.com can significantly boost efficiencies. 1. Mobile payments and invoicing 2. Unlimited document storage 3. Cash flow management to-do list 4. Know your daily balances and projected cash flows 5. More secure vendor payments 6. Get a complete view of transactions 7. Full visibility with an audit trail online 8. Vendor management streamlines daily inquiries 11

12 Value-Added Features Mobile Payments: Pay On The Go View/Approve bills View approver notes Make secure payments Multiple bank accounts Adjustable payment timing

13 Value-Added Features Mobile Invoicing: Invoice On The Go See all outstanding and overdue invoices in a dashboard Invoices Add notes for customers and see their comments

14 Value-Added Features Unlimited document storage Store and access all bills, invoices, contracts and other financial documents. Get unlimited storage. No more hunting through dusty filing cabinets.

15 Value-Added Features Access all your tasks from your personalized to-do list Get a Personalized To-Do List Receive alerts for to do list

16 Value-Added Features Know Your Cash Position and Projected Cash Flows Calendar shows actual or accrued cash coming in and going out Updated book balance pulled from accounting software See future cash flow to manage payment dates and operation needs.

17 Value-Added Features More secure vendor payments Payments to vendors are made with checks drawn on Bill.com s bank account Applies advanced check fraud controls Eliminates check printing and mailing Ties payment to the transaction The check shows the invoice to be paid and the account number The bottom 2/3rd of the check voucher shows a copy of the invoice to ensure payment is applied correctly

18 Value-Added Features Get a complete view of transactions Access information anytime, anywhere, making life so much easier: Bills Contracts / Company Documents Payment confirmations & cleared check images

19 Value-Added Features Get full visibility with complete audit trail The audit trail feature provides you and our firm with detailed information on who did what and when Permission-based user roles allow you to determine what level of access you want others to have in your company

20 Value-Added Features Vendor management streamlines daily inquiries Bills are organized by vendor so you can: Easily view outstanding bills, paid bills, all related invoices and documents and a complete payment history --all in one screen Efficiently research vendor inquiries

21 Key Benefits of Bill.com By automating how we work with you to manage your payables, receivables and cash flow, Bill.com makes it easy for you to pay smarter and get paid faster. 21

22 For More Information, Please Contact Office Cell