BillSMART

Bill.com is a cloud based application that is all the information you put into it is available to you, from anywhere when you connect device to internet. This means you have access to Bill.com features such as checking your cash flow status, approving new invoices from your vendors, or sending out an invoice to a client from almost anywhere. It uses multiple security walls to protect the company’s data like Firewalls. All the data you entered is stored on remote servers; then the backups are moved to another data server facility to protect data against some physical threats like Fire, flood. It regularly follows some authentication check just to prevent the access of some hackers , that are when you log in the application, Bill.com will send you a code on cell phone number as a security point. You just need to put that code to proceed. One of the best parts is the easy workflow of the application. It can be customized according to ease of user’s. This app is friendly and easy to use and it always has the support behind. It allows the user’s to pay or approve the bills from anywhere.

It lacks the ability to separate the bills paid by bank. It is lacking the search facility for Bank invoices. Cost is the worst thing as organization size increases, management have to go for another business solution. Workflow on the account receivable is a bit tricky that a layman is unable to understand that way. It lacks the features for partnerships that some ERP solutions have. It does not have the support services that one is available on a call or email. Once when you enter the data into Bills.com it automatically sync all the data with other ERP systems like QuickBooks Online and Desktop, NetSuite, Xero etc. The bad thing is all the company’s important data is on cloud and that was synchronized with other system, one may use that data to harm the Company’s reputation. It doesn’t allow the use of Purchase Orders, the work around is difficult.

Overall it is one the best software’s available in the market for the small business. It has great customer services. It can manage your company's accounts receivable and payable, Banks. Either way, you'll have tremendous Alliance between financial transaction and the data you enter. It is one the best thing of bills.com that all data is collaborated and can be accessed from anywhere in the world. It will take care of 80% of the accounting work so you won't need a bookkeeper. It manages your accounts system that you just need to click a Button to check the reports.