Online invoicing and bill paying and is saving large and small construction contractors time and money by streamlining their entire processes which means they and getting paid faster and putting more money in the bank to operate and grow their construction company.
With the optional bill tracking and bill payment services they are increasing bottom line profits by avoiding late fees and taking advantage of vendor discounts which in some cases can generate 36% Return on Investment!
Online bill paying services were originally developed as a way to save individuals and businesses time and money during the bill paying process and have since grown to encompass a whole host of services designed to reduce the need for highly paid office staff.
For example a part-time bookkeeper paid $15.00 an hour will cost you approximately $25.29 an hour after all of the taxes and overhead.
How much time and money would your construction company save if you and your field workers could use a smartphone, tablet, iPhone, laptop or notebook to invoice the job when you are done and email your customer or client before leaving the job? What would it be worth to you in time saved, misunderstandings with the bookkeeper and general aggravation?
What is it worth to you to know that after the invoice is done and saved that your construction accounting software QuickBooks Desktop Version Online or Xero Accounting Online, whichever one you use it will be updated automatically without you or your bookkeeper having to do anything?
What is it worth to you to have a U.S.A. based fully functional premier construction accounting and contractors bookkeeping services firm with qualified staff that is continually trained and updated with all of the latest construction accounting methods and cloud services, tech savvy and fully capable of handling bookkeeping, payroll processing, quarterly tax returns, management consulting. They serve everyone from brand-new startup contractors and one-person handyman contractors up to construction companies with twenty employees with annual sales of $10,000,000 doing all kinds of residential and commercial work for contractors just like you all across the USA?
What is it worth to you to slash your overhead cost and get all your contractors bookkeeping done for a fraction of what you are spending now with an in-house bookkeeper and their drama?
Only a few contractors know about and use these services because they understand the benefits online invoicing and bill paying services provides. And very few contractors are actively using the internet as a tool to help streamline their business processes and operations; however, more of them are catching on and getting up to speed.
Online invoicing and bill pay is a more convenient and secure way for you to get paid and take care of your bills. The most obvious benefit is that it saves you time paying your bills as well as the money you spend on stamps, checks, envelopes and trips to the post office. Bill.Com properly setup and maintained can:
Avoid Late Fees – Our services can alert you when bills arrive and when bills are due so you don't “forget” your bills.
Automation To Suit You – Our services can provide you the ability to automate your payments. You decide when and how much needs to be paid, on what day of the month and the service will pay it without you even having to think about it.
Fast And Easy – Access your online Bill.Com account in a few seconds to start sending invoices and paying bills. You can pay more than one bill at a time, pay part of it now and all your billing information is saved automatically once you enter it.
Mobile Access – Smartphone, tablet, notebook, laptop Using the Internet to pay your bills means that you decide when and where to invoice and pay bills, at night, on the weekend or even on a trip.
Security – Since the majority of identity theft is related to paper based mail deliveries online invoicing and bill paying service through Bill.com offers security in your transactions. Bill.com uses Best-in-Class Data Security to keep your information safe. Passwords and security keys are required to access your Bill.com account and all your information is encrypted.
E-Bills – Can clear your mailbox of bills all together if you wish. Bill.com can accept e-bills from your vendors, suppliers, sub-contractors, trade contractors and other businesses which can free up your time processing paperwork.
Everyday more of your competitors are jumping on the online banking bandwagon. Some contractors feel like they have more control over their finances when they have stacks of paper lying around the office; however, once they realize how fast, easy and safe online banking is they begin to take full advantage of it including online invoicing and bill payment.
Profitable Construction - Companies have known about the value of online invoicing and bill payment to help increase their cash flow and profitability and now you know about it too!
About The Author:
Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Follow Randal on Google+