Embedded B2B Payments
Convenient, fast, and secure payment options so your customers have everything they need to pay their invoices.
The competitive MSP industry shows no sign of slowing – Scribe reports a market increase of nearly 14% by 2030. Accounting automation is one way you can stand out from the pack, especially when it comes to streamlining the AR (accounts receivable) process.
Easing your customers’ load by providing reliable IT support and strong cybersecurity is essential. But to be truly successful, MPSs need to distinguish themselves in a field growing more crowded each year. That means delivering a suite of features and benefits that can’t be found anywhere else.
Enhances cash flow management
Customers count on you for the best cybersecurity and technology on the market. Poor cash flow management, however, makes it difficult to access the capital required to make such purchases.
Accounting automation strengthens your cash flow while providing you with the tools required to help manage it. It gets you paid faster and, in some cases, eliminates withheld funds and ensures you get paid in full once a transaction is complete.
Bill360 doesn't just handle invoicing, auto reconciliation, and payment processing. We also feature real-time business insights and a dashboard that updates crucial metrics like AR aging in real-time. You can also stay updated on which invoices have been paid or are outstanding and how much cash is scheduled to come your way in 30 days, giving you a comprehensive view of your company’s finances that leads to effective cash flow management and better decision-making.
Simplifies the payment process
As a business owner, you know how valuable your time is. Your clients value their time too. That is why they don’t want to spend any part of a day or week wrestling with confusing, frustrating payment processes.
Paying balances is simple with Bill360. We provide your clients 24/7 access to their own portal where they can store payment information in a digital wallet, pay bills on their time through ACH (Automated Clearing House) and with credit cards, and enable AutoPay. These features get you paid on time, are far safer than checks, and provide the convenient, one-touch payment process today's B2B buyers crave.
Strengthens customer communication
You know that technological emergencies don’t stick to a set schedule – power outages, cyberattacks, and natural disasters occur at any time, which may hinder a customer’s ability to pay a bill. When this happens, they need to know they can contact you.
Instant messaging is available through Bill360's customer portals. Rather than relying on clunky email chains, ineffective chatbots, or outsourced answering services, clients reach out to you directly with questions about a specific invoice and get an answer immediately. That way, they have the information required to pay on time.
Bill360 provides a similar service to you with access to a U.S.-based, full-time support team equipped with a deep knowledge of AR and how it works inside the B2B space.
Improves buyer-seller relationship
Late payments happen. They're often unintentional. That's why some of your clients may need a nudge about upcoming payments.
Bill360 enables you to set up automated workflows that send customized proactive payment reminders to whomever, whenever, and how often you choose. You control the timing and the messaging, ensuring the clients who do pay on time aren't bothered. And these gentle alerts are far more appealing than awkward phone calls you need to make after a payment is past due.
Bill360: Accounting automation for MSPs
Bill360 stands alone in the AR automation industry. Our innovative software provides features your MSP won’t find anywhere else such as buyer-managed payment wallets and portals that enable customers to easily access invoice and payment histories, increasing your cash flow while making it easier than ever to manage it. Bill360 practically eliminates withheld funds, ensuring you have instant access to the capital required to invest in the growth of your MSP.
Catch our platform in action and hear from real Bill360 clients by visiting our video library.
FAQ
What is a customer portal?
It is a hub where your clients can pay their bills, set up and store payment information in digital wallets, and chat with you in real time regarding questions about specific invoices. Clients can access this portal whenever they want.
Why does my MSP need accounting automation?
Automating your speeds up collections, simplifies your clients' payment process, and further demonstrates you're a modern MSP who isn't afraid to adopt new technology.
How can my MSP benefit from AutoPay?
Most MSPs are subscription-based. AutoPay enables them MSPs like yourself to simply draft fees from the preferred payment method stored in your client's digital wallet. No friction. No late fees. No problem.
