Business News
Billhighway.com First to Deliver Simultaneous Bank-to-Accounting Data Transfers for Real-Time Cash Flow 24/7
2008-08-19 07:20:00
Users always know their financial status - requires just minutes a week to maintain. TROY, Mich., Aug. 19 /EMWNews/ -- Billhighway.com is delivering to its nonprofit customers something no one else is -- true cash accounting 24-hours a day from anywhere on the planet. Billhighway.com's unique financial program is the only online service to link virtual bookkeeping with a customer's banking transactions as they occur. As payments come in and debits go out, each of Billhighway.com's customer accounts is automatically updated. To sweeten the deal, Billhighway.com has wrapped its entire group of financial services into a newly redesigned website that's simple, safe and powerful. "Billhighway.com is designed specifically for any member-based organization with regular dues and fees collections. We've tailored our robust program for use at the national level or as a stand-alone for regional and chapter officers," says Vince Thomas, Billhighway.com's chief executive officer. "By linking the primary functions of cash accounts and credits and debits, we eliminate the guess work and frustration that can come from not knowing where your organization stands financially. For today's leaner organization we offer a highly efficient model that positively affects the bottom line." Executives at the national level use Billhighway's powerful "Global" product and work with a client relationship specialist to tailor their finance-managing needs. For Billhighway.com's "Local" product, online signup is quick and easy. And once an account is set up, chapter officers typically need just two minutes each week completing routine accounting tasks. Chapter members spend less than four minutes a week reviewing invoices and selecting payment options such as direct debit, credit card or e-check. But it's not just about how simply and quickly mundane accounting and bill paying is accomplished. Customers in fee-based organizations who use Billghighway.com report both significant increases in dues collection and fewer accounting errors. So there's more money to manage in a system designed to do so better than any other. At the national level of the chapter-based enterprise, Billhighway.com offers a complete online system delivering financial information from bottom to top. Executive directors can get a snap shot of chapter health and cash flow by region, city or across the entire organization. For top level and local leadership, finances are transparent and every dollar in the organization is accounted for and tracked. By aggregating accounts payable and receivable, banking, an accounting system and services, payment processing and member management, Billhighway.com eliminates managing a complex and sometimes incompatible assortment of providers and software. The result is a virtual and tireless accountant delivering access to critical cash flow information 24 hours every day. Billhighway.com also provides expert recommendation to national level executives during set up so that systems and schedules are maximized for efficiency and ease. Come tax time, Billhighway.com can help here too. With accounts reconciled continuously, clients can easily close out books, generate necessary year-end reports and complete annual tax preparation. Best of all, it's done seamlessly through a simple, single interface with Billhighway.com. The icing on the Billhighway.com cake is its alumni management component, which syncs with ordinary databases so organizers can input and arrange groups by affinities, geographies, active, non-active and more. Easy-to-use GatewayConnect, as the resource is called, let's non-profits develop more relevant member programming. Today, Billhighway.com serves some 1,200 non-profit organizations across North America with the single goal of making group finances easy. Since forming in 1999, the company has managed more than $1.1 billion in transactions and grown to 35 employees. Billhighway.com is headquartered in Troy, Mich. For social money management, check out Billhighway.net. To fully appreciate the depth and breadth of this innovative online accounting service, visit Billhighway.com or call 866.BILLHWY for a personal online demonstration.
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