Non-Profit Organization benefits
A new generation of nonprofit executives now run paperless organizations, using game-changing technology to maintain transparency, provide accountability and cut overhead. They don’t have to spend hours preparing financial reports for board meetings. They’re never unprepared to account for restricted assets. And these are just some of the advantages these “social entrepreneurs” have gained by moving their finances to the cloud.
Automated invoice approval for non-profit organizations
No more paper bills, checks, contracts or filing. With invoice processing automation from Bill.com, you can pay bills securely online from anywhere. Simply scan, fax or email your paperwork to Bill.com. You may find you never even need to look at the hard copies again once you file them – many Bill.com customers tell us just that.
Invoice approval for non-profit organizations has never been easier. Bill.com records the payment due dates and sends out email notices to the right approvers. If you ever need to check a contract or look up a detail before you pay, the associated records are never more than a click away. And with all approvals and documentation online, a secure audit trail is always maintained, assuring complete transparency.
With invoice processing automation from Bill.com, your approved bills are paid automatically on the day you set. You get an email when each payment clears, and your bank account and accounting software update automatically when you sync.
Automates invoicing and collection of donations and pledges
Bill.com mails your invoices for you, via email or the Post Office, so no more hassles with printing, postage and mailing. It can even send optional email reminders to your donors a few days before payment is due, and follow up when payments are overdue with an automatic series of messages you can customize and schedule.
Bill.com gives donors a choice of their favorite ways to pay online, via credit card, PayPal or direct from their bank. So paying your organization is easier and more convenient than ever. You can even set them up with auto-pay. As your checks and online payments come in, Bill.com makes your deposits for you, and updates your accounting program when you sync.
Increased transparency and accountability
Bill.com not only reduces the costs of managing your cash flow, payables and receivables by eliminating paperwork and streamlining these financial processes, it enhances your organization’s transparency and accountability to those demanding donors and government agencies. And when expenses need to be routed for approval to a geographically diverse board, Bill.com manages the process easily, sending reminders and logging a complete audit trail. Click here to try Bill.com with no risk.