Streamlining Your Accounts Payable With Hantzmon Wiebel Outsourced Accounting

Introduction

Accounts payable processing and vendor bill payment can be time-consuming when done manually. With modern technology, organizations can reduce time spent on processes while enhancing accuracy and efficiency.

Partner With Us

Hantzmon Wiebel’s Outsourced Accounting practice partners with Bill.com to provide clients with greater control and flexibility throughout the accounts payable and receivable cycles. This provides a smooth and efficient process, ensuring all invoices are addressed in a timely manner and documents are reviewed for accuracy and appropriate coding.

Key Benefits of Automating Accounts Payable

Process Transparency – Using an electronic accounts payable system like Bill.com allows management to easily monitor the organization’s spending. Issues within the accounts payable process, such as significant delays in invoice approvals by spend managers, are easily identified. Invoices, payments, and approvals can be quickly located in the software for future reference.

Flexibility for Users – Bill.com employs a user management system that allows for the establishment of internal controls and segregation of duties. The software allows for customization to create roles to fit your unique operational structure.

Secure Cloud Storage – Electronic copies of vendor invoices and corresponding payments are stored in Bill.com’s secure cloud environment, eliminating the need for manual document filing.

Flexible Payment Options – Bill.com accommodates vendor preferences by supporting ACH payments, direct deposit, and paper checks. Additionally, it handles accounts receivable transactions involving credit and debit cards.

Seamless Integration – Bill.com offers seamless integration with QuickBooks Online, streamlining the flow of financial data between the two systems.

Why Choose Hantzmon Wiebel’s Outsourced Accounting Services?

By integrating Bill.com into your organization’s financial processes, Hantzmon Wiebel’s Outsourced Accounting team can help you save both time and money. Once implemented, Bill.com will operate seamlessly within your daily operations, delivering a more efficient and transparent accounts payable and receivable experience.

Ready to streamline your accounts payable and receivable processes? Contact us today to schedule a consultation and see how we can transform your financial operations.

Disclaimer of Liability
Our firm provides the information in this article for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal or other competent advisors. Before making any decision or taking any action, you should consult a professional advisor who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this blog are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability and fitness for a particular purpose.