Overview: To fully optimize the benefits of Bill.com, SPRCHRGR recommends entering bills in Bill.com and syncing to BQE Core.
Bill.com Entry: Upload pdf of vendor bill to the BILL.com inbox and create bills. The SPRCHRGR Sync Tool will sync the pdf to BQE Core and now you have supporting documentation in both locations.
Bill.com offers:
- OCR and AI (Optical Character Recognition and Artificial Intelligence) - Bill.com provides automatic data entry by reading the bills for vendor name, invoice number, due date, amount, and more and prepopulating data fields therefore reducing the potential for human error in data entry. Bill.com also helps detect duplicate invoice numbers. Best Practice: Users should review all prepopulated fields to consider if Bill.com's suggestions require modifications.
- Payment Options - pay vendors via ACH, credit card, virtual card, check or international wire transfer.
- Control - set up approval workflows and custom roles to suit your team.
- Security - Data is encrypted