How to Streamline Invoicing and Get Paid Faster

It's a small business story told all too often, "I haven't gotten around to sending invoices this month." The excuses seem reasonable: you're too busy working; other projects are more urgent; you're chasing new business opportunities. But, in the back of your mind, you know that falling behind on invoicing and accounts receivable can lead to trouble. Most notably? No money in the bank.

Adopt a web-based process to make invoicing easier

What's the best way to improve your bill-sending track record? Make it easier. And online invoicing software does just that.

When you go digital, the whole accounts receivable process is managed online, from creating and sending invoices to communicating with customers and tracking payments.

Bill.com Receivables automates the invoicing process for small business owners. Use Bill.com online invoicing to:

Create and send invoices.

• Upload your invoices from QuickBooks Desktop or create custom invoices with your company logo. There's a collection of "copy-this-format" templates to make it easy.
• Email customers a link to their personalized payment portal, where they can make one-click payments once they're all set up.

Get paid. Faster.

• Track payment status and receive reminders if payments are overdue.
• Make it easy for customers to ask questions and get in touch with the messaging tools built into their personal payment portal.
• Get money in the bank faster with ACH ePayments, which allow funds to be transferred directly to your account. Your customers enter bank information once and then can pay your invoices in less than a minute. For you, it costs a flat 49¢ per transaction, significantly less than the 2-3% merchant fee charged by credit card companies.
• Receive email notification when payments are sent and when funds are available in your bank account.

Keep accurate records.

• Organize your virtual file cabinet on Bill.com. You'll have unlimited storage and can easily look back at customer history. Plus, you'll never lose an invoice again.
• Easily access your records for quarterly taxes and end-of-year reporting.
• Track your cash flow to make better business decisions. Just use the Bill.com calendar to view expected receivables, payables, and current bank balances.
• Keep your QuickBooks up to date. For QuickBooks Desktop users, payments are automatically synchronized so you don't have to manually record a payment that arrived.

From prep to payment, Bill.com Receivables streamlines the invoicing process for small business owners.

Learn more by watching these short videos:

• Receivables Overview (1:14)
• Navigating Bill.com Receivables (2:33)