Intuit unveils QuickBooks Bill Pay to automate AP process
By Delisha Fernandes
Intuit, a global financial technology platform, has launched QuickBooks Bill Pay to transform bill pay for businesses while delivering accounts payable (AP) automation.
For many business owners, managing bill payments to vendors and contractors means piecing together disparate solutions, creating a complex and time-consuming web that can lead to late or missed payments, potentially impacting cash flow management and vendor relations.
QuickBooks Bill Pay solves this problem, with tracking and paying bills now seamlessly integrated within the QuickBooks platform – a suite of powerful financial and accounting tools, delivering unparalleled benefits of simplicity, speed, and accuracy that can help businesses manage their money more effectively.
“Across the QuickBooks platform, we’re revolutionizing money movement to improve the number-one problem small businesses face – cash flow – which impacts their success rates,” said David Talach, Senior Vice President of the QuickBooks Money Platform at Intuit. “QuickBooks Bill Pay is a key addition to our ecosystem as we aim to deliver a singular, end-to-end financial solution for small businesses to manage their money.”
QuickBooks Bill Pay also enhances the Intuit QuickBooks Business Network, one of the largest business-to-business (B2B) networks aimed at accelerating and automating B2B payments and improving overall cash flow. For a limited time, QuickBooks is also giving businesses 50% off the monthly base price for QuickBooks Bill Pay (Premium or Elite) for the first three months of service, starting from the date of enrollment.
In addition to these features, the QuickBooks Bill Pay Basic plan, which has no subscription fee, includes five free standard ACH payments per month, and two additional paid plan options (Premium or Elite) provide small businesses with additional standard ACH payments per month, custom bill approval workflows, unlimited 1099s issued to contractors or vendors, and predefined roles and permissions to empower a small business’s team.
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