Formerly known as CashView, it is an on-demand accounts payable service that can receive, route, and pay invoices electronically. Started by René Lacerte, who sold his first company to Intuit, Bill.com’s vision was to free businesses, accountants, and financial professionals from being “chained to their desks, hidden behind reams of unorganized paper bills and shackled to inefficient, ineffective Excel spreadsheets.” Its solution is meant to allow people to work on what matters and be more strategic.
As previously mentioned, Bill.com is currently available for QuickBooks Online and can be installed through Intuit’s App Center. And the experience is going to be very similar. Now, regardless of whether you have QuickBooks Online, Pro, Premier, or Enterprise, it will enable you to use all the tools, resources, and collaboration services that are needed to manage any financial task while optimizing cash flow. Those interested and go to the Intuit App Center and click on a button to download the software for their QuickBooks version.
Alex Chriss, Intuit’s director of Partner Platform, says:
Bill.com has been a leading solution on our platform, receiving strong positive customer feedback, so we are excited it is now available to even more small businesses. Allowing our millions of users to fully and easily personalize QuickBooks with Bill.com gives them not only a superior financial management solution, but lets them spend more time growing their business and less time chasing down transactions.
When integrated with QuickBooks, users will find that there is a 30 day free trial to test out Bill.com’s services. Afterwards, it will convert to a monthly subscription starting at the Solo plan, which is $24 per month for 1 user, and goes up to the Corporate plan at $99 per month for up to 15 users. If a business needs to add more than 15 users, there is a Custom plan that will be $250 per month.
ExactCPA Comment: Bill.com’s integration is nothing new for Intuit. In fact, the accounting service already has its own bill payment feature with PayTrust and there are at least 12 applications in the App Center categorized under “Billing and Invoicing”. Adding Bill.com is Intuit’s way of giving its small businesses a choice so that they won’t have to use two disjointed systems.
On the other hand, this isn’t exactly Bill.com’s first time at the ole’ integration rodeo — it is tied in with most of the big-time accounting and banking systems including Intacct, NetSuite, Sage Peachtree, PayPal Business, and even Google Apps. The company says that it has more than 100,000 users happily enjoying being able to easily pay their bills while also getting paid at the same time.
Intuit has introduced yet another product that integrates with the Quickbooks product line.
While not new to the Quickbooks platform, Bill.com has been expanded to is Pro, Premier, and
Enterprise platforms, while Quickbooks Online already has this service as a part of its toolkit.
Quickbooks continues its domination in the market by continuing to expand beyond its core
product, incorporating numerous add ons, making life easier for businesses of all sizes. I have not
yet had the chance to use Bill.com, however, as Intuit continues to become a one-stop shop
platform, I might see our business giving it a try.
Is there anyone out there who is a current user of Bill.com integrated with the Quickbooks
service line? What are your thoughts? Does it save as much time and money as advertised? I’d
be interested to hearing the opinions of all those users out there.
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