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Introducing Introducing Bill.com Bill.com The smarter, faster and safer way to manage bills and get paid online
24

Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

Sep 06, 2014

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Business

Scott Gregory

Over 175,000 businesses have unlocked the secrets to streamlining their bill paying and accounts receivable processes with Bill.com.

Will you join them soon?

Bill.com provides your one-stop solution to spend less time paying bills and collecting receivables, all the while giving you much more control over the processes.

You also have the ability to electronically route bills for approval and payment. Perfect for CPA and accounting firms as well as virtual assistants that pay bills for their clients.

Access your information from any device, 24/7. Pay bills from your phone or tablet, send invoices electronically and more with Bill.com

Works seamlessly with QuickBooks, NetSuite, Intacct, Xero and Sage.
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Page 1: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

IntroducingIntroducingBill.comBill.com

The smarter, faster and safer way to manage bills and get paid online

Page 2: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

The Old Way:The Old Way:Manual, Paper-based processes cause painManual, Paper-based processes cause pain

• Current payables and receivables process is time consuming

• Worried about credit worthiness due to late payments

• Don't have clear visibility into cash flow

• Don't have time to grow revenue

Page 3: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

The New, Paperless Way:The New, Paperless Way:Introducing Introducing Bill.com Bill.com

3

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.

Page 4: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

Hidden Cost of Paper-based Management Hidden Cost of Paper-based Management of Accounts Payableof Accounts Payable

Calculate the hidden costs of your current accounts payable process.

Number of bills per month

Time spent per bill per week (in minutes)

Average hourly rate for staff processing invoice

Monthly bank and check handling fees**

Online document storage for bills, contracts, etc. per month

50

20

$35

$121

$30

Estimated Monthly Cost $675

Estimated Annual Cost $8,100

**Sum of bank's check fraud protection and imaging fees and check handling fees

Page 5: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

Bill.com Bill.com is Your Paperless Officeis Your Paperless OfficeThe Perfect Solution for You and Our FirmThe Perfect Solution for You and Our Firm

Streamline your payables and receivables process end-to-end:Receive and pay bills onlineInvoice online and get paid fasterAutomate collectionsStore and share financial documents onlineReconcile with bank accountsSync with your accounting softwareEasily collaborate with us, your vendors, and your customers onlineManage and control your cash flow …

Paperless Office… anywhere, anytime accessworks the same no matter where you bank

Easy access to pay smarter and

get paid faster

Page 6: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

The Difference is a Streamlined Workflow:The Difference is a Streamlined Workflow:Example: Accounts PayableExample: Accounts Payable

The old workflow

Our new efficient workflow

New process requires 5 touches by 5+ people yet takes 1 day

Required a minimum of 8 touches by 5+ people and took a week+ to complete

Page 7: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

The Difference is a Streamlined WorkflowThe Difference is a Streamlined WorkflowExample: Accounts ReceivableExample: Accounts Receivable

The old workflow

The new efficient workflow – gets you paid faster!New process requires 6 touches by 5+ people yet takes 3-5 days

11. Deposit at

bank

10. Enter deposit

slip

9. Post payment

8. Open mail to

get check

7. Call or email to

follow up

6. Assess late fees

5. Research

files

4. Handle customer complaint

s

3. Call or email to

follow up

2. Print and mail

1. Create invoice

Required a minimum of 11 touches by 5+ people and took weeks to complete

Page 8: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

Why You’ll Love Why You’ll Love Bill.com

Save time & money

Work Smarter

Anytime, Anywhere

Page 9: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

The Bill.com/Intacct integration reduces the time spent preparing monthly financial reports and annual audits. “We've been through two cycles, and the auditors are perfectly happy with the way the system works and how simple it is with Bill.com,”

Mike Horner, National Association of Water Companies

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, CEOBusiness 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

Page 10: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

How How Bill.com Bill.com Works:Works:Accounts PayableAccounts Payable

Pay Smart with an efficient, paperless Accounts Payable workflow:

1)Receive bills online2)Get bills approved quickly3)Schedule online payments4)Easily sync with your accounting software

Page 11: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

How How Bill.com Bill.com Works:Works:Accounts ReceivableAccounts Receivable

Get paid faster with a paperless Accounts Receivables process:

1)Create, send and track invoices online2)Collaborate online with your customers3)Get paid faster with automatic payments4)Sync both invoice and payment activity with your accounting software

Page 12: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

Value-Added FeaturesValue-Added Features

12

By automating bill payment and invoicing end-to-end, Bill.com can significantly boost efficiencies for you and our firm.

1.Mobile payments and invoicing2.Unlimited document storage3.Cash flow management to-do list4.Know your daily balances and projected cash flows5.More secure vendor payments6.Get a complete view of transactions7.Full visibility with an audit trail online8.Vendor management streamlines daily inquiries

Page 13: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

• View/Approve bills

• View approver notes

• Make secure payments

• Multiple bank accounts

• Adjustable payment timing

Value-Added FeaturesValue-Added Features

Mobile Payments: Pay On The Go

Page 14: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

• See all outstanding and overdue invoices in a dashboard

• Email Invoices

• Add notes for customers and see their comments

Mobile Invoicing: Invoice On The Go

Value-Added FeaturesValue-Added Features

Page 15: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

Store and access all bills, invoices, contracts and other financial documents. Get unlimited storage . No more hunting through dusty filing cabinets.

Unlimited document storage

Value-Added FeaturesValue-Added Features

Page 16: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

• Access all your tasks from your personalized to-do list

• Receive email alerts for to do list

Get a Personalized To-Do List

Value-Added FeaturesValue-Added Features

Page 17: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

• 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.

Know Your Cash Position and Projected Cash Flows

Value-Added FeaturesValue-Added Features

Page 18: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

• Payments to vendors are made with checks drawn on Bill.coms 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

More secure vendor payments

Value-Added FeaturesValue-Added Features

Page 19: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

• Access information anytime, anywhere, making life so much easier:

• Bills• Contracts / Company

Documents• Payment confirmations &

cleared check images

Get a complete view of transactions

Value-Added FeaturesValue-Added Features

Page 20: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

• 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

Get full visibility with complete audit trail

Value-Added FeaturesValue-Added Features

Page 21: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

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

Vendor management streamlines daily inquiries

Value-Added FeaturesValue-Added Features

Page 22: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

Key Benefits of Key Benefits of Bill.comBill.com

22

By automating how we work with you to

manage your payables and receivables,

Bill.com makes it easy for you to pay smarter and

get paid faster.

Page 23: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

For A Free Trial of Bill.com…For A Free Trial of Bill.com…

See for yourself how Bill.com can really simplify your A/P and A/R

No credit card required…

http://bit.ly/Billdotcom

Page 24: Online bill payment and electronic invoicing for QuickBooks, Intacct, NetSuite and Xero

For More Information, Please Contact…For More Information, Please Contact…

• Scott Gregory, Bill.com/QuickBooks Expert

• Bottom Line Accounting Solutions• [email protected]• (440) 527-5696