New survey results show US firms rapidly moving to cloud-based accounting technology. Although 73% of accountants are still using paper-based payment, more than 50% of the accountants surveyed support the idea of moving to electronic payments. In the next six months, 41% of respondents intend to adopt a cloud-based payment solution.
Rick of Theatron discovered Bill.com on QuickBooks Apps.com website. He wanted something for digital business payments and saw that Bill.com had great customer reviews. His team did a lot of the data entry and processing for their customers, so Rick decided to give it a try. He's glad he did!
The Bill.com July product update will help you to be more effective working with vendors, approval teams, and internal accounting teams. Improved sync functionality with your accounting software. Send notes to coworkers by @tagging them. Add memos to checks and ePayments.
We’re excited to announce our new Bill.com Mobile App that allows payment directly from your phone. For the first time, you have a simple and secure way to review, approve, and pay bills anytime and from anywhere. Users can view payments and make informed payment decisions while on the go, saving 50-70% of the time it normally takes to manage the same tasks with traditional bookkeeping.
Bill.com reduced accounts payable (A/P) time by 50% for Gigya, a global technology company. Benefits Bill.com brings to Gigya include: Access to everything at any time and from any location. No more paper checks. No more paper vendor invoices. No more filing. Visibility into cash management
Silicon Valley startup uses Bill.com to streamline processes and prepare their finance department for growth. “I’ve seen other Silicon Valley companies take two weeks to process bills using manual process. With Bill.com, Highfive is able to process our accounts payable in a single day.”
A group of my customers has grown by 10x, year over year, for four years in a row, scaling from a handful of payments to nearly a half million payments a year. Any business can duplicate these super tools and manage rapid growth. Here's how they did it.
Two years after Blake Oliver started Cloudsourced Accounting in Los Angeles, he has hundreds of online accounting clients and is looking forward to expanding his base of 35 Bill.com Accounting Program clients. He shares the secret of his success with Bill.com and provides advice on how all accounting firms can avoid being left behind as potential clients rapidly move to online accounting.
Ken Hafft has a vision for how Frost, Ruttenberg, & Rothblatt PC (“FROST”) can increase value for current clients, attract new business clients and grow the firm’s revenues with online accounting including Bill.com. By reading Ken’s story, accounting firms will learn how a mid-size accounting practice uses Bill.com.
In order to get the full benefits of Bill.com, you should expand your online business connections with other companies on the Bill.com Network. There are many new tools to make expanding your Bill.com Network easy, including vendor recommendations and vendor search. Many of the tools are either new or have been dramatically improved in the December ‘14 and February ‘15 product releases.