Palo Alto, CA – Nov. 9, 2015 – Bill.com™, the leading company creating magically simple business payments, today announced a strengthened integration with Intacct®.
The new integration streamlines processes by eliminating manual or duplicative data entry and ensures an accurate view of accounting activities and performance through consistent, timely and two-way syncs between Bill.com and Intacct payables and receivables.
Specifically, the integration allows:
• Greater A/R efficiency through the ability to sync invoices and recurring invoices to different entity levels by location, classes and jobs. • The use of either Bill.com or Intacct to process and pay bills and keep both applications up-to-date automatically. • The ability to work with purchase orders without double data entry. • Users to receive and manage customer payments and reconcile them with Intacct receivables. • The creation and sending of invoices to customers while giving them flexible payment options including credit card, electronic payment (ACH) or PayPal.
“Bill.com and its Intacct integration give my accounting firm greater efficiency and cost savings that I can pass on to my clients. Since both payments received and payments made sync between Bill.com and Intacct, reconciliations are effortless. My clients have also responded very positively to the security and approval routing process that comes with Bill.com, which has been a productive selling point for my clients,” said Rob Lee, CPA and Managing Director of Peak Platforms.
“The Bill.com integration with Intacct enables accounting professionals to truly complete the pay-to-procure process and introduce an enhanced level of efficiency and time savings into their financial operations. The state-of-the-art integration with Intacct for both AP and AR is robust and scalable with centralized error management. We offer full support and services including the bill approval workflow, payment processing and accounting reconciliation. As Bill.com and Intacct products continue to evolve, we are making ongoing investments to continue to provide the best customer experience. In addition, we will be adding support for PO number sync, credit memo sync and more in the next six months,” said Aneetha Vijay, Principal Product Manager for Bill.com.
These new capabilities build upon the Bill.com-Intacct sync original offering that included the ability to:
• Pay via check or electronic payments (ACH), with Bill.com printing and mailing the checks and processing electronic payments. • Pay without a personal guarantee or having a payment limit imposed. • Access full payment audit trails such as cleared check images and supporting documentation. • Manage payment exceptions, including payment voids, cancels and re-issues ‒ without paying for additional service. • Eliminate payment fraud.
To view a demo of the sync or request screenshots, contact mbrenneman@accountingedgemarketing.com.
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About Bill.com
Bill.com (www.bill.com) is the leading digital business payments company creating magically simple A/P and A/R solutions. We are at the center of business payments, uniting banks and businesses on the fastest growing payments network. Bill.com helps over 600,000 network members process over $20 billion in payments per year and saves companies up to 50 percent of the time typically spent on financial back-office operations by securely automating their end-to-end processes. Three of the top ten U.S. banks and 41 percent of the top 100 accounting firms rely on Bill.com as their primary payments solution. The recipient of more than 40 awards, Bill.com was recently recognized as one of the San Francisco Business Time's Most Innovative Companies and proudly received a PC Magazine's Editor's Choice Award. For more information, please visit www.bill.com.