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This new web-based accounting service automates the accounts payable process for your clients and makes proper procedures a part of their daily routine. The result is faster, more accurate processing (SAS 70 Type II Certified) that frees your clients to focus on their core business.




When clients receive a bill, they email or fax it to Bill.com where it is automatically uploaded into the system and can be seen on the Bill.com interface. User-friendly windows then guide clients through the accounts payable process with little or no training needed. Each task is presented in proper sequence and all documentation is stored in a single location, a web-based filing cabinet.

  1. Manages the Approval Process
    Bill.com automatically routes documents for approvals and integrates all documents, payments and billing information. Reminders are sent and your clients can quickly view the approval status of any bill.
  2. Integrates with Your Accounting Package Seamlessly
    You, or your client, assign the bill to the correct account. Bill.com automatically inserts the transactions in QuickBooks or other accounting programs.
  3. Sends and Tracks Payments
    Once the bill is scheduled for payment, Bill.com automatically sends the payment to the vendor. When the check is cashed, the cleared check is mapped to the invoice and can be viewed should questions about payment arise.

The web-based filing system gives accounting professionals quick access to documents from anywhere. Automated processing means paperwork is complete, accurate and properly filed.

Built-in security procedures help protect client information at all points of the accounts payable process. State-of-the-art IT procedures further ensure security online and offline.

INDEPENDENCE AND ETHICS GUIDANCE

Note: A CPA’s involvement with the client’s accounting/bill paying workflow or the client’s internal control system may impair the CPA’s independence to perform Attest services.

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Bill.com has completed a SAS 70 Type II Audit, which requires that the design and operational effectiveness of the system of internal controls a program uses to provide its service have been reviewed and tested by an independent auditor. The auditor has issued a report asserting reasonable assurance that the program's internal controls over its service are designed correctly and operate properly. Of course, a fully functioning system of internal controls for any Bill.com customer also relies on the control processes of the customer, for which the independent auditor can't provide any assurance.