How does Bill.com detect and prevent duplicate invoice payments?
Answered at 4:10 in Digital Tools & Outsourcing Tips with Sara Snyder · The Progressive Agency Podcast
How does Bill.com detect and prevent duplicate invoice payments?
Bill.com has a feature that automatically detects duplicate invoices that have already been entered into the system. Additionally, the accounting team becomes familiar with each client's accounts and can usually catch duplicates on their own before they go to approval, even if the system misses them.
Full answer and detailsRead the whole answer, key facts and every other question from this episode
In short
Bill.com has a feature that automatically detects duplicate invoices that have already been entered into the system.
Sara Snyder, Lead CFO at Progressive Agency · Digital Tools & Outsourcing Tips with Sara Snyder · The Progressive Agency Podcast · answer at 4:10
Key takeaways
- Bill.com has a feature that automatically detects duplicate invoices that have already been entered into the system.
Quote to remember
“You have a team that this is what we do all the time. You're not having to retrain people or show people your process.”
— Sara Snyder
The full answer · about 3 min
Bill.com has a feature that automatically detects duplicate invoices that have already been entered into the system. Additionally, the accounting team becomes familiar with each client's accounts and can usually catch duplicates on their own before they go to approval, even if the system misses them.
Key facts
- Sarah Snyder has been at Progressive Agency for approximately three years
- Bill.com processes payment methods including ACH, credit card payments, and check payments
- Common bill payment schedules: net 30, weekly processing, or specific dates like the 10th and 25th of the month
People, companies and topics mentioned
More answers from this episode
- 3:10How does Bill.com streamline accounts payable processing for remote teams in agencies?
- 5:52What payment scheduling options does Bill.com offer for managing cash flow timing?
- 8:27What are the main benefits of outsourcing accounts payable and receivable services instead of hiring in-house bookkeeping staff?
- 10:20What additional accounting services beyond AP and AR do agencies need for better financial management?
- 12:28How does understanding agency-specific accounting practices improve cash flow and tax planning outcomes?