3. Invoicing Becomes Instant and Simple
A billing service allows you to do all your invoicing through one comprehensive service.
After you send an invoice, the third-party provider, such as Bill.com, adjusts your accounts
receivables accordingly.
4. The Approval Process Becomes Quicker and Easier
Billing services allow you to configure multiple approvals for bills, which then enable a
system of checks and balances to ensure that the same person who codes the bills doesn’t
pay them.
5. Stacks of Invoices Quickly Shrink to Save Paper and Physical Space
The number of invoices that come into an office can seem overwhelming on multiple levels.
Everything from manually opening each piece of mail and inspecting the documents to
filing stubs once payments are complete depletes your resources, both human and
otherwise. When you migrate bill payments to online resources, you save time, effort, and
space for your accounting team.