Bill.com

The best account platform for small and medium businesses

Kommentare: Our experience has been great.

Vorteile:

Saves thousands of dollars in wire and credit card processing charges. Works better than any other payment processor for payments via ACH

Nachteile:

Sometimes it takes longer than 3 working days to receive the payment in our accounts

Simple to use

Kommentare: This is my third company using bill.com and i will continue to use it. forever. lol

Vorteile:

Very easy to implement and use. integrates very well with quickbooks

Nachteile:

Im not confident in its ability to process all international payments. So work great, and others seem a little challenging.

Probably the worst payment processing platform

Kommentare: I can describe it in one-word, its called sh*t!

Vorteile:

You can process payments within the same country easily.

Nachteile:

- They have separate Bill.com accounts for each country. Meaning that you will need to create separate accounts in order to receive the payment in Canada and US. A lot of Canadians have cross border US bank accounts, which are not supported here. You will be charged wire-transfer fee when you are receiving the payments to your Canadian accounts. Basically, the sender will be charged a fee and also the receiver will be charged with wire-transfer fee. If you love paying the fees, then this might be a great product for you. Otherwise, use Veem.com, I have been using their services for 3 years, never had any issues. I wish that my current employer was using Veem as well.

Great Platform For Electronic Payments

Kommentare: Overall, our experience has been great. Not only are we able to do electronic payments, but we have implemented an added layer of security with the approval feature. Our[SENSITIVE CONTENT] approves all payments out, satisfying audit trail requirements.

Vorteile:

Bill.com has been electronic payments so much easier for our organization. We work with a lot of young folks, and cashing checks is no fun. Our staff, volunteers, and vendors appreciate the ease of an electronic payment so much.

Nachteile:

The software is expensive, as they charge a flat rate + fees for each transaction. So if you have a high volume of transactions, the monthly invoice adds up quickly. I

Great savings for business invoicing.

Vorteile:

Super easy to use. They've made it simple to keep track of open invoices and due dates with reminders.

Nachteile:

Other platforms allow you to pay on invoices with a CC, via ACH free of fees/charges. If Bill.com would eliminate its fees for using CCs, I see 5 stars in its future.