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Streamline international payments: How to avoid intermediary bank feesWhat are the most innovative new products for accounting professionals that want to increase efficiency and provide more value to clients?
From tools that help you easily make international business payments to platforms that leverage vast pools of data to offer better insights to clients, Accounting Today editors put together an exclusive list of Top New Products from over the past 12 months.
Below are this year’s roster of the Top New Products, and we are honored to be nominated as the preferred international payments provider!Attest tools - OnPoint PCR
Audit tools - LeaseCrunch
Accounting tools - Botkeeper
Payment systems - International Business Payments (Bill.com)
Tax tools - Notices (Canopy)
Accountant resources - Accountant Connect (ADP)
Trial balance tools - CCH Axcess Financial Prep (Wolters Kluwer)
Practice management tools - XCManalytics as a Service (XCM)
Security tools - Thomson Reuters Authenticator Display Cards (Thomson Reuters)
According to Accounting Today, “in an era of globalized business and communication, it feels anachronistic that international payments can still pose significant obstacles. But they continue to be a thorn in international business’ sides. For that reason, international bill pay being offered by one of the most popular billing and invoicing apps in the accounting world, Bill.com, deserved recognition.
Bill.com International Business Payments is already available in 42 countries and in 22 currencies within a year of its release, with a per-transaction cost that compares very favorably to the average bank fee of $40. There are other apps that offer international payments, even for businesses, but Bill.com’s robust billing and invoicing platform that already integrates with most major accounting software systems is what puts this product over the top for us.”
For accountants, Bill.com streamlines your clients’ AP process so that cross-border payments are just as easy as domestic payments. No wire transfer fees for payments made in local currencies means you don’t have to pass on unanticipated charges to your clients.
To see how digital business payments with Bill.com can transform your business, sign up for a risk-free trial today.
