Because everything is synced between Bill.com and QuickBooks, you don’t even have to open QuickBooks to access your billing, customer and vendor contacts, and other accounting services that are connected to Bill.com. This takes an extra step out of the accounting process, as well as making it easier to access bill payment through the online-based service. Additionally, this allows you to access payment options even if you aren’t at your workstation. Bill.com can also automatically pay your recurring expenses, which is a feature your vendors would certainly appreciate.
It also helps to reduce the flow of information and potential approval obstacles along the way. Instead of having to manually push an invoice or batch of invoices to reviewers, Bill.com can automate the process through a pre-determined list of reviewers and approvers. You can assign separate roles and rights to each user to mitigate risks and reduce the potential for misuse.
When you’re in the growth phase of your small business, finding solutions to work smarter instead of harder help you devote more of your energy into scaling your operations. Streamlining your payment process helps encourage quicker payments, improves your cash flow, and gives you a more realistic view of your business profit and loss.
Not sure which integrations and automations might work for your needs? Our expert controllers and accounting technology specialists can help you find the right solution for your business. Request a free consultation today!
The accounting information isn’t the only thing shared between QuickBooks and Bill.com. Payment contracts, terms, and contact information for vendors and clients are added into Bill.com after you create the records in QuickBooks. Bill.com looks for any changes so that the payment method, addresses, and other information for your contacts are kept up to date. You won’t end up sending checks to old mailing addresses or an incorrect PayPal email address
