New Bill.com QuickBooks Online Sync Enables Greater Efficiency and Time Savings for Accounting Firms

September 28, 2015

Palo Alto, CA – Sept. 28, 2015 – Bill.com, the leading company creating magically simple business payments, today announced the release of its QuickBooks Online Sync 2.0.

With the QuickBooks Online Sync 2.0 from Bill.com, accounting professionals can achieve a higher level of efficiency and control for their practices. The sync’s seamless, bidirectional workflow for both accounts payable and accounts receivable eliminates double data entry, ensures data integrity and provides an accurate, up-to-date forecasting of cash flow.

As a result, accountants can forgo time-consuming administrative tasks in favor of revenue-producing, strategic activities such as growing client bases and offering new services.

“Increasingly, efficiency provides competitive and profitable advantages for accounting firms. The QuickBooks Online Sync 2.0 enables a greater level of efficiency that results in more time dedicated to creating more revenue, stronger client ties, and strategic growth,” said Henrique Ceribelli, senior director of product management at Bill.com.

Features of the Bill.com QuickBooks Online Sync 2.0 include:

•    A bidirectional sync that brings unpaid bills and invoices from QuickBooks into Bill.com and then syncs payments back to QuickBooks. •    The ability to access a cash forecast in Bill.com that draws from the QuickBooks bank balance.  •    Information with the most up-to-date postings on payments and deposits to ensure comprehensive cash forecasting.  •    New users having the ability to easily bring unpaid bills from QuickBooks into Bill.com in a few simple steps when signing up for Bill.com.

Bill.com customers will receive their upgrade notices for the QuickBooks Online Sync 2.0 starting at the end of September. For customers who would like to request the upgrade immediately, they can log in to Bill.com and click “Support” at the bottom of any page.

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About Bill.com

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 $19 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.