Nearly $10 per check. That is what market researchers estimate to be the cost of issuing paper checks. Contrast that with the roughly $1 per transaction for electronic payments (ACH). On the surface, that difference should catapult the migration from all paper checks to ACH to the top of your business priorities. But before you do, consider three critical questions:
Anyone who loves the Super Bowl has an inherent respect for the athletes that play in it. To qualify to wear an NFL jersey, players endure complex and science-driven trials that include physicals, body-movement screening, conditioning, proper nutrition and mental preparation. It can take years to develop and train to be a candidate to join a Super Bowl-eligible team.
Last week, the Bill.com Banking Platform was recognized by Business Intelligence Group (BIG), along with 16 other solutions, for innovations that “change the way we experience the world”. Submissions came from around the world and across industries, with a fascinating range of innovations spanning revolutionary tea brewing technology to intelligent door handles.
Has Your Business Optimized its Fraud Prevention Strategy?
Most resolutions are in the garbage can by February. But this doesn’t have to be the case. Here are some thoughts I shared with my team this year, which I’ve used to successfully lose more than 50 pounds in the last 8 months.
Bill.com customer have always enjoyed very tight integration with QuickBooks and Intacct, including the ability to synchronize general ledger accounts, vendors, and departments (if you are using departments) between those products and Bill.com (2-way sync between Bill.com and QuickBooks and 1-way sync from Intacct to Bill.com).
Today the business Anelya founded helps other entrepreneurs grow successful enterprises. She and her staff of six provide outsourced Accounting and HR services for more than 80 angel- and VC-funded startups with collective funding of over $150 million, setting up systems and processes to help them scale faster.
You can give up checks and paper without giving up control. In fact, a new generation of entrepreneurs and business leaders has discovered that they have actually gained more control.
“We’ve literally gotten rid of boxes of paperwork which we store online now, so I can access anything I need from anywhere I need to be.”
– Joshua Caulfield, CEO, American Institute of Architecture Students
As the deadlines for this year’s tax season approach fast, Bill.com has partnered with TechAtlantis to eliminate the pain points of e-filing 1099-MISC forms. Tax1099.com, an application created by TechAtlantis, provides an automated, paperless, and painless way to e-file 1099s.
2013 was an incredible year for Bill.com. We signed two of the nation’s top five banks. We raised $38 million in funding from Scale Venture Partners, Bank of America, American Express, Fifth Third Bank and Pete Kight, founder of CheckFree. We doubled our revenue while growing our network to more than 275,000 users. We grew our employee team to more than 100.