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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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