Bill.com has announced a partnership with Intuit for end-to-end accounts payable capability within QuickBooks Online.
The integration will allow users to manage electronic payments end-to-end within QuickBooks, including the option to mail checks. Bill.com transactions will be tracked and automatically reconciled with QuickBooks, including ACH authorizations and cleared check images to protect against fraud.
The Bill.com integration is part of a larger effort to streamline the accounts payable workflow in QuickBooks Online. Intuit plans for QuickBooks customers to eventually be able to receive, digitize and store bills within QuickBooks, as well as collaborate for approvals on mobile.
“Today’s small business owners want bill pay to work how the rest of business works — digitally,” said René Lacerte, CEO of Bill.com. “By building Bill.com’s trusted bill pay network inside of QuickBooks Online, millions of small business owners can now manage bill pay from start to finish right within QuickBooks. By having everything in one place, small business owners can focus their time on what matters: building their business.”
“Our data shows that 78 percent of small business owners struggle to grow their business as a result of cash flow issues,” said Vinay Pai, vice president and head of the Intuit developer group, in a statement. “Improving cash flow and seamless integration matter most to customers when they select apps to manage their businesses. Our integration with Bill.com is being created with this in mind — to give business owners an easy-to-use, centralized solution to better manage their cash flow.”
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