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Ready to Transition from Paper Checks to Digital Payments? Here’s How.

Ready to Transition from Paper Checks to Digital Payments? Here’s How.

By now, you’ve read a lot about digital business payments and the benefits they offer your business. Once you’ve weighed your business payment options, how do you go about making the switch from paper checks to digital payments?

Bill.com makes it easy to start sending and receiving digital business payments and to implement an online payment system for your business.

The first step is to sign up for a free trial of Bill.com. Once you’ve signed up, Bill.com has all the information you need to get started from setting up your account and connecting with your vendors to paying bills and getting paid.

Getting set up is easy and should take under an hour. Part of the reason getting started is so fast is through a seamless integration between Bill.com and your preferred third-party software to create a convenient ecosystem that’s easy to work in. On the accounting front, Bill.com integrates with QuickBooks Online, Xero, NetSuite, and Sage Intacct. This means there’s no need to import all your financial information and risk the dreaded errors that come with double data entry. Do you use another accounting or bookkeeping system? You can still get all the information you need into your solution with the convenient Bill.com Import/Export feature.

Most of the information Bill.com needs to create your account can be grabbed directly from the systems and software you already use. You just need to provide your bank account information so you can start making and receiving payments.

Once you’ve created your account, you can add users, give and restrict permissions, and get all your employees set up to handle their assigned tasks. Chances are your staff all play specific, crucial roles, and not everyone needs to access the same things. For example, do you only want certain people to be able to approve or send payments? No problem. You can specify permissions for each task, controlling who is involved in crucial workflows. Because Bill.com is customizable, you can set your own workflows and personalize all the aspects of your business to your personal preferences. By uploading your company logo, you can create a professional image for your customers, which they’ll see through your emails, invoices, and customer portal (which comes with a branded website address).

Even though the setup process is simple, Bill.com provides plenty of resources to guide you through it. There’s a handy checklist to walk you through the basic steps.

The future of business payments is digital. It’s time to ditch that check stock and trade in your paper checks for digital payments. Getting started with everything you’ve read about—online bill pay, epayments, AP and AR automation, and all other online payments for business—is as easy as signing up with Bill.com.

Bill.com is here to boost your efficiency, get you paid faster, and generally make your life easier. Sign up with Bill.com now and you can start accepting and sending digital payments today.  

April 15, 2019
Elsvette Buenaventura
Senior Implementation Advisor, Bill.com
With more than a decade of experience in the financial industry, Elsvette has assisted numerous companies and their financial stakeholders utilize cloud-based applications to increase efficiency and security in their banking workflows in order to save them time and money. Currently, she is a Lead Implementation Advisor at Bill.com where she and her team help clients reinvent their back office by using Bill.com to automate the way they pay bills, send invoices, and get paid.