App Aware - Bill360

App Aware features are concise articles designed to inform you about a specific app.

App Introduction

Bill360 is a B2B accounts receivable automation and embedded payments platform designed for small to mid-sized businesses. It integrates directly with QuickBooks and Xero to streamline the invoicing and payment process. Once connected, Bill360 automatically syncs customer and invoice data, enables smart invoicing, and embeds payment links that allow customers to pay via ACH or with a credit card.

The platform reduces manual tasks through features such as automated invoice reminders, digital wallets, AutoPay, and real-time dashboards that track key accounts receivable (AR) metrics, including Days Sales Outstanding (DSO), aging AR, past-due invoices, and more. By consolidating invoicing, payments, and follow-ups in one tool, Bill360 helps businesses accelerate their cash flow, reduce late payments, and spend less time chasing receivables.

Key Benefits

• Bill360 can revolutionize how small-to-medium-sized B2B companies get paid by combining accounts receivable automation, electronic invoicing, and embedded B2B payments into one seamless platform.
• Bill360 securely captures untapped financial data, turning insights into action to help our customers get paid faster and operate smarter.
• Bill360 brings the simplicity of B2C payments to the B2B market. Flexible settings let you choose what payment methods to accept, set credit card thresholds and more. 

• Bill360 helps its B2B companies receive payment 36% faster than their current AR process and reclaim the 15 hours per week typically spent on manual accounting tasks.
• Bill360 easily syncs to existing accounting systems
• Bill360 provides live, US-based expert support throughout a customer's entire subscription.
• Bill360 allows companies to streamline payments, accelerate cash flow, and strengthen customer relationships.

Key Features

Features include, but are not necessarily limited to:

• Accounting Automation - Customizable workflows with tailored messaging, bulk invoicing, 2-way accounting sync, and multi-company management.
• Customer Portal - Digital wallet, AutoPay, invoice-level messaging with document/image upload, unlimited users/sub-users. Chat with your clients in real-time with the chat history saved to the invoice.

• Dedicated US-based support - Guided onboarding (from signup to sync), dedicated advisor, live tech support.
• Electronic Invoices - Secure Paylink and PDF for easy AP system payments, split and partial payments, and know when a customer opens and views an invoice.

• Embedded B2B Payments - Paylinks for large transactions, recurring payments, pre-set transaction fee limits, eliminate check fraud with secure card & ACH options.
• Owner's Dashboard - DSO trend mapping, aging receivables, at-risk customers, 18-month historical insights.

App Comparison and Contrast

According to Bill360, if you were to look for similar apps with which to compare or contrast Bill360, you would likely consider either QuickBooks Payments or Bill.com. You can routinely find product comparisons, generally provided by the competing product, by searching the internet. Insightful Accountant does not attempt to make any direct comparisons within our App Aware features^*.

Working with QuickBooks and Xero

• Bill360 integrates with U.S. versions of QuickBooks Desktop (Pro and Premier), QuickBooks Desktop Enterprise, and QuickBooks Online (Self-Employed, Simple Start, Essentials, Plus, Advanced, and Accountant). Although not listed in the QuickBooks App Store, Bill360 syncs QBO customer and open invoice data to eliminate the need for manual uploads and downloads. When connecting to QuickBooks Desktop (Pro, Premier, and Enterprise), Bill360 relies on the QuickBooks Web Connector.
• Bill360 integrates with Xero (Early, Growing, and Established, Xero HQ, and Xero Cashbook). Bill 360 syncs Xero customer and open invoice data to eliminate manual uploads and downloads. It is not presently listed in the Xero App Marketplace.

Find Out More

Bill360 does not offer a 'free trial' of their App; however, you can get a Demo of the App. You can gather more information by visiting their website or by emailing sales@bill360.com. They also offer an in-website 'contact us’ option.

Disclosures:

App Aware features are concise articles designed to summarize an App and make readers aware of it. These features are primarily composed of information provided by the App Developer, with only a cursory review of the Developer's website or QuickBooks/Xero App store webpages by Insightful Accountant writers, editors, or staff.

*- App Aware features do not involve any independent testing or analysis by the author, and they do not represent any endorsement by either Insightful Accountant or the author.

Bill360's principal place of business is located at 4350 West Cypress Street, Suite 701, Tampa, FL 33607, with a phone number of 813-502-1473.

Any other trade names or references (including Square) used herein may refer to registered, trademarked, or copyrighted materials held by their respective owners; they are included in the content for informational and educational purposes only.

This is an editorial feature, not sponsored content. No vendor associated with this article has paid Insightful Accountant or the author any form of remuneration to be included within this feature. The article is provided solely for informational and educational purposes.

Note: Registered Trademark ® and other registration symbols (such as those used for copyrighted materials) have been eliminated from the articles within this publication for brevity due to the frequency or abundance with which they would otherwise appear or be repeated. Every attempt is made to credit such trademarks or copyrights within our respective article footnotes and disclosures.